Remove Design Remove Legal Remove Property Appraisal Remove Retail
article thumbnail

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

The Robert Weiler Company

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? All commercial real estate appraisers must follow a very strict code of ethics and rules.

article thumbnail

OK to average adjusted comps on appraisals?

Appraisal Today

47-acre property is perched 16 feet above White Rocks Beach (also called Palau’ea Beach), where it has 120 feet of ocean frontage. bath home was designed by local architect Rich Young. Let us call both of those assumptions into question… First Question: Does the real estate appraiser have to “protect the consumer/mortgagor?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Appraiser Liability Risks

Appraisal Today

He designed the estate, completed in 2000, from the ground up. From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making.

article thumbnail

Challenges and Opportunities in Appraising Mixed-Use Developments

Boston Appraisal

Challenges in Appraising Mixed-Use Developments Complex Valuation Models : Mixed-use properties require appraisers to be adept in multiple valuation methods. Since these developments encompass various property types (e.g., This complexity increases the risk of error and requires a higher level of expertise and experience.

article thumbnail

The Hidden Value in Transitional Properties

Boston Appraisal

There are four qualifiers that help to determine the highest and best use of a property. The use of a property must be… Legally Permissible. The goal of the real estate appraiser is to identify the use of the property that will be the absolutely most profitable use within legal, physical and financial boundaries.

Legal 148
article thumbnail

Appraising Fixer Uppers

Appraisal Today

Waterfront properties, whether it’s a ranch along the river, an oceanfront home or lakeside cabin, typically increase in value as time goes on and provide homeowners direct access to their favorite hobbies, such as swimming, boating or water skiing. retail residential mortgage applications, and has been conducted weekly since 1990.

article thumbnail

The Hidden Value in Transitional Properties

Boston Appraisal

There are four qualifiers that help to determine the highest and best use of a property. Property owners are often blinded by the current use of the property, and they fail to see that a change in use could be more profitable. Legally Permissible Transitional properties are commonly created when the zoning is changed.

Legal 78