Housing Wire
FEBRUARY 18, 2022
Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” AVMs do not account for upgrades or renovations. ” Amazing, right? What about AVMs?
AmeriMac
NOVEMBER 30, 2023
Property Inspection During the property inspection, the appraiser evaluates the condition, size, amenities, and marketability of the property. The property inspection is a crucial step in the commercial appraisal process. Retail Centers Retail centers play a significant role in commercial property appraisals.
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The Robert Weiler Company
MAY 18, 2022
All expenses associated with the commercial property should be included, such as repairs and renovations, commercial real estate loans and interest rates, and costs associated with selling commercial real estate (e.g., CRE Property #2: Retail/Restaurant Storefront. When in doubt, invest in your roof. . De-clutter the interior.
The Robert Weiler Company
JUNE 15, 2022
The typically popular retail, office, and hospitality markets showed slow recovery. The whopping investment volume is nearly double the previous record of $193.1 billion in 2019. The unexpected multifamily real estate market boom in 2021 was bolstered by strong economic conditions and demand for multifamily assets.
The Robert Weiler Company
APRIL 15, 2022
A percentage lease is typically only used for retail space for lease. Still, the most common are commercial office space for rent, industrial space for rent (including warehouse rentals), retail space for rent, restaurant space, hospitality, and special purpose properties. *A Percentage Lease.
AmeriMac
APRIL 30, 2024
It begins with an inspection of the subject property, where the licensed commercial real estate appraiser assesses the condition, size, and features of the property. After the inspection, the appraiser analyzes the data and prepares an appraisal report. The condition of the property is another important factor.
Appraisal Today
MAY 26, 2023
Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Remember, we rarely get to inspect comparables.
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