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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

The question is, how exactly is property value determined? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Explanation of potential risks you may face or negative aspects that may impact the market value of the commercial property.

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Commercial Real Estate Niches Booming in 2021

McKissock

Cap rates: To find this, you divide the NOI by the current market value. Location and demographics: Your value will go up if you’re in a high-traffic area with good visibility. To find the best value, you might want to look into some niche markets. These can help you see your growth over time.

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2024 USPAP For Appraisers

Appraisal Today

Next month’s newsletter will have a lengthy article on the issues of the property inspector. I wonder how well the GSE AI works on rural appraisals, “one of a kind” properties, no permits, Highest and Best Use issues, and many more. Current market conditions: How to switch from all residential to both residential and commercial.

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

Simply going further back in the historical archive – property records and newspaper articles – will provide a rough analog of a similar property that the appraiser can use as an evaluation anchor point. Together, we will uncover the best value while discovering the perfect buyer. And every special purpose property has a buyer.

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