Remove Buyers Remove Local Properties Remove Real Estate Remove Renovations
article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property.

article thumbnail

3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

The home had been recently renovated and was in great condition. The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. That accepted purchase price becomes the “market value” of the property. The Case File. He paid $475,000.

Appraisal 148
article thumbnail

3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

The home had been recently renovated and was in great condition. Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. That accepted purchase price becomes the “market value” of the property.