Cleveland Appraisal Blog
JUNE 17, 2022
When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. However, there are other methods for estimating land value. Depreciation!
Cleveland Appraisal Blog
JUNE 18, 2022
But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.
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Simonson Real Estate
OCTOBER 23, 2020
As the impact of COVID continues to unfold and the real estate market grapples with rapidly changing information and market conditions – commercial appraisers have had to quickly adapt to a new way of gathering reliable and credible data to base their appraisal analysis from. Moderate credit tenants – 6.5% Class B – 5.5%
Property Metrics
AUGUST 13, 2020
Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk. Liquidity Risk.
The Robert Weiler Company
OCTOBER 21, 2022
If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. The data is then analyzed and used to develop opinions of value. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller.
Property Metrics
MAY 28, 2021
One of the unique challenges of commercial real estate investment is that markets, types of property , return expectations, and physical environments are in a constant state of change. Modern tenants require high speed internet connections, strong cellular reception, advanced security features, and modern audio/video capabilities.
Simonson Real Estate
JUNE 10, 2020
This means their work is done and they can rest easy while feeling confident that the appraisal report supports the market value conclusion. In a bear market, appraisals tend to be scrutinized more closely (and rightfully so). It is really good for the appraisal review department. Do you have questions on these topics?
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