Simonson Real Estate

JULY 10, 2020

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Cleveland Appraisal Blog

JUNE 17, 2022

What’s the difference between a newly constructed home and a hundred-year-old home? Superior Arts District’s new tenant brings jobs, art to in renovated warehouse – Marc Lefkowitz of Cleveland Fresh Water. Depreciation!

Appraisal 283

Appraisal Development Market Value Tenants 283

The Robert Weiler Company

JULY 6, 2021

The two scenarios surrounding build-to-suit are speculative buildings and scenarios where the tenant has already been secured. Speculative buildings are produced without the guidance of a specific tenant in mind but can be rewarding if they are of high quality and fulfill the needs of local businesses. Appearance.

Logistics 147

Logistics Tenants Real Estate Modernization 147

McKissock

FEBRUARY 16, 2021

Why might you be engaged to appraise a single or multi-tenant industrial or flex style office building? To examine the feasibility of renovating, expanding or repositioning an existing building. Copies or outlines of any leasing that has been obtained pre-construction. Reasons for engagement. A set of building plans.

Appraisal 96

Appraisal Tenants Construction Renovations 96

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

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., Good staging gives prospective tenants ideas on what they can do with the property themselves.

Real Estate 148

Real Estate Tenants Retail Investing 148

McKissock

AUGUST 23, 2022

Renovation and Remodeling Appraisal Considerations. When appraising proposed modifications, remodels, or renovations to a residential property, appraisers must decide the feasibility of the modification, if it adds any contributory value, if it extends the remaining economic life, or possibly improves the property’s marketability.

Appraisal 76

Appraisal Renovations Property Appraisal Landlords 76

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.

Real Estate 53

Real Estate Tenants Investing Construction 53

McKissock

NOVEMBER 24, 2022

Commercial Real Estate Leases In this job aid, you will find a table outlining the five main types of commercial leases and the expenses that landlords and tenants usually bear according to these types of leases. Learn about the benefits of membership.

Appraisal 52

Appraisal Renovations Architecture Real Estate 52

Boston Appraisal

FEBRUARY 2, 2023

Everything from the number of bedrooms to the quality of the construction. This is because construction rules frequently require at least a 7-foot ceiling height for spaces to be considered usable and livable. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit.

Inspection 78

Inspection Law Appraisal Real Estate Agent 78

Boston Appraisal

FEBRUARY 2, 2023

Everything from the number of bedrooms to the quality of the construction. This is because construction rules frequently require at least a 7-foot ceiling height for spaces to be considered usable and livable. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit.

Inspection 78

Inspection Law Appraisal Real Estate Agent 78

Property Metrics

MAY 28, 2021

As a result of these changes, a commercial property could be cash flow positive one day and undesirable the next due to shifts in tenant desires or some other factor. . In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

Property Metrics

APRIL 7, 2022

The development spread tells you how much additional return you are earning in exchange for taking on all of the risk of construction and development. Finally, we’ll take a look at how to calculate the yield on cost for specific construction or renovation projects. Yield on Cost Calculation: Development Example.

Renovations 41

Renovations Development Real Estate Tenants 41

D Fritz Appraisals

NOVEMBER 9, 2019

With an income property, you’re allowing tenants to pay down your mortgage for you, and once it’s paid off, you have a property that has increased in value that you can either sell, pass on to your grown children, or downsize into and enjoy yourself.

Property Appraisal 78

Property Appraisal Appraisal Real Estate Investing 78

Raleigh Realty

MARCH 29, 2021

You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. You'll need to do some renovations. These homes aren't exactly new construction, but they are a steal. With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

McKissock

JUNE 27, 2021

As new health concerns arise, the need for new construction will remain prevalent. These spaces also offer a sense of community, as they frequently feature luxury amenities such as caffeinated beverages and snacks for the tenants. . Scientists turned their attention to studying COVID-19 and creating vaccines.

Real Estate 59

Real Estate Investing Retail Tenants 59

AmeriMac

JUNE 15, 2024

Making improvements to the property can positively impact its appraisal value and attract potential buyers or tenants. The approach considers the value of the land, the current cost of construction, and depreciation. The depreciated building cost is calculated by subtracting the depreciation from the construction cost.

Property Appraisal 36

Property Appraisal Investing Appraisal Property Taxes 36

The Robert Weiler Company

OCTOBER 21, 2022

Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. Replacement costs (a cost estimate to construct a building comparable to the building undergoing the appraisal, while using current prices, building standards, and materials). Recent comparable sales. Current market trends.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Buzz

JULY 16, 2024

Last month, a post on Accountable titled “ Corporate Landlords See Profits Soar Amid Rent Hikes and Fees ” found that the six largest publicly-traded apartment companies reported large profits earlier this year, and many of these same landlords are named in pending litigation for their alleged use of proprietary algorithms to raise rents on tenants.

Landlords 435

Landlords Tenants Land Management Construction 435

McKissock

AUGUST 25, 2021

Become a member to offer financial support or get hands-on with construction. For example, you could make a connection and help gain a foothold with local commercial real estate tenants and buyers. About the Author : Evelyn Long is the editor-in-chief of Renovated , an online resource for the real estate market.

Real Estate 52

Real Estate Business Real Estate Agent Clients 52

Appraisal Today

NOVEMBER 3, 2023

According to the complaint, Horton is Black and the owner of a multifamily property in Ohio that is fully occupied by Black tenants who are on Section 8. Care was taken to move as little earth as possible during construction. Mediterranean Villa in Lafayette CA $5,888,888 4 bedrooms, 6.5 I think they achieved their goals.

Appraisal 65

Appraisal Contracts Architecture Mortgage 65

Housing Wire

JULY 20, 2022

Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans.

Finance 397

Finance Landlords Legal Construction 397

Houston Properties

MARCH 5, 2021

Sell Your Heights Property With These 20 Home Renovations. They made sure the house was show-ready, coordinated with my tenant, picked up paperwork from Homeowners Association, and sent all documents to me via email and utilized electronic signatures everywhere possible. Sell Your Heights Property With These 20 Home Renovations. "The

Renovations 59

Renovations Realtors Sellers Home Improvement 59

Appraisal Buzz

JANUARY 16, 2025

Department of Housing and Urban Development (HUD) announced that it has given $97 million in grants to nonprofit groups to fund the construction or renovation of affordable multifamily housing and senior rental assistance. Tenants are free to select the services that best suit their needs.

Transportation 274

Transportation Development Tenants Construction 274

Property Metrics

MARCH 13, 2025

Purpose: While residential real estate is designed primarily for housing, CRE is about tenant businesses or organizations that pay rent (or other fees) to operate in the space. Steady Cash Flow : Long-term leases and multiple tenants can provide predictable income streams. Here are some compelling reasons why CRE stands out.

Real Estate 36

Real Estate Investing Tenants Investors 36

Appraisal Buzz

OCTOBER 24, 2024

It would include an exception for new construction and substantial renovation or rehabilitation. California has already enacted statewide rent control under the Tenant Protection Act , which says landlords may not raise rent more than 5% plus the increase in cost of living (inflation) each year. as a whole.

Landlords 392

Landlords Tenants Law Government 392