Commercial Appraisal Services
Our team of commercial real estate appraisers specializes in Commercial and Industrial markets in both urban and rural areas. We have significant experience in various sectors of the commercial real estate market, including industrial, office, retail, service, multi-family, and development land. Our appraisals are conducted in compliance with the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP), ensuring competent, ethical, and objective advice.
Commercial Real Estate Appraisers
Commercial real estate covers a wide range of property types, including hotels, banks, restaurants, offices, retail spaces, industrial facilities, resorts and recreational properties, institutional buildings, shopping centers, and multi-family developments. These properties often serve multiple commercial purposes, such as a high-rise office building with ground-level retail space or a hotel with a restaurant. The purpose of a commercial appraisal or valuation is to provide an opinion of the current market value of the subject property’s unrestricted freehold interest, taking into consideration the highest and best use of the land.
Our appraisers conduct a physical inspection of the subject property and engage a wide set of research tools to analyze and understand the subject property. We then apply the appropriate set of valuation techniques which may include a combination of the Direct comparison approach, Cost approach and Income approach, reconciling the results of these independent approaches to provide a well supported final estimate of market value. A commercial appraisal may be required by lenders, lawyers, accountants, corporations, courts, tax officials, realtors, property managers, insurance brokers, underwriters, or any other who requires an impartial and independent estimate of value.
Industrial, Office, Retail, Service Properties, & Multi-Family Developments
For multi-parcel projects, both in urban and rural settings, our commercial real estate appraisers typically use a Discounted Cash Flow (DCF) analysis to determine the value of development land. To find the current market value, the DCF analysis considers potential income, absorption (sellout) period, carrying costs, and resulting net cash flow. Our team of appraisers can assist with a variety of commercial real estate appraisals, including industrial, office, retail, and service properties, as well as multi-family developments. We expect our Commercial and Industrial sector to continue to expand and remain a significant part of our business.
Contact us today to schedule an appraisal or to learn more about our services.
Our highly qualified and experienced Commercial appraisers are committed to providing our clients with accurate and reliable appraisals that reflect the current market conditions.
