Commercial Appraisals Archives – Boston Appraisal Services

Challenges and Opportunities in Appraising Mixed-Use Developments

Boston Appraisal Services / April 18, 2024

Mixed-use developments, which integrate residential, commercial, and sometimes industrial components within a single project, represent a modern approach to urban planning. However, appraising such complex properties presents unique challenges and opportunities for real estate professionals. This article explores the intricate landscape of mixed-use development appraisal, providing insights into the difficulties faced and the potential benefits […]

Challenging Appraisals: Strategies for Lawyers and Their Clients

Adnan Salam / August 17, 2023

Appraisals are often a crucial part of real estate transactions, litigations, taxes, and estate planning. However, in the course of obtaining an appraisal or while reviewing an appraisal, it may be necessary to verify the reliability, credibility, and accuracy of an appraisal report. Should there be questions, it may even be necessary to challenge an

Commercial Appraisals, Real Estate Tips

Understanding Capitalization Rates, Interest Rates, and Yield Rates in Real Estate Valuation

Boston Appraisal Services / June 7, 2023

Real estate investing is not as simple as purchasing a property and waiting for its value to appreciate over time. There are various financial concepts and metrics that investors need to understand to make informed decisions. Capitalization rates, interest rates, and yield rates are among the most critical of these concepts. Let’s dig deeper into

Commercial Appraisals, Real Estate Appraisal, Sustainability, Trends

Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Admin / June 24, 2019

From eliminating disposable straws to banning single-use plastic bags, reducing human impact on the environment is at the forefront of many citizens’ minds in recent years. As a result, the real estate industry is progressively adopting ecology-minded trends, resulting in the gradual emergence of green buildings (both commercial and residential) across the country. Green buildings

Commercial Appraisals, Real Estate Appraisal

Assuring Appraiser Competency

Admin / March 25, 2019

The variety of real property that appraisers are asked to review are nearly limitless. This is particularly true of commercial appraisers whose assignments may include appraising vacant land, office buildings, retail complexes, industrial properties, and special use buildings. Licensed and certified appraisers must be competent enough to perform any assignments they accept; however, no one

Commercial Appraisals, Real Estate Appraisal, Real Estate Tips

Market Value: An Important Distinction in Appraisal

Admin / March 18, 2019

Real estate appraisals can be used to serve a wide range of purposes: selling, buying, refinancing, or settling an estate. However, the most common goal of an appraisal is to establish the market value of a property. Although the concept of market value (sometimes also called Fair Market Value) is frequently mentioned in the real

Commercial Appraisals, Development, Real Estate Appraisal

Analyzing Comparable Sales: Units of Comparison

Admin / March 4, 2019

Appraisals express value as the monetary relationship between properties and those who buy, sell or use those properties, as defined by the Uniform Standards of Professional Practice(USPAP). Fundamental to appraisal practice is the idea of comparing the subject of an assignment to other properties. The Sales Comparison Approach is the foundation of appraisal analysis: appraisers

Commercial Appraisals, Property Management, Real Estate Appraisal, Real Estate Tips, Trends

Boston’s Proposed Just Cause Eviction Legislation: Facts and Effects

Admin / February 25, 2019

Since 2015, legislative officials of Boston have been developing legislation concerning residential evictions in the city. Even though that legislation has failed to advance in the Massachusetts legislature, its proponents continue to work on a revised version for 2019. Residential real estate values are likely to be affected whether or not the bill is ultimately

Commercial Appraisals, Development, Property Management, Trends

Economic Trends Affecting New England Real Estate in 2019

Admin / February 18, 2019

The demand for all types of real estate in New England reflects region-wide economic factors. While the national economy influences geographical real estate values, some 2019 trends unique to New England are especially important to buyers and investors. These trends include labor characteristics, financial considerations, and population behavior.

Commercial Appraisals, Real Estate Appraisal, Real Estate Tips

Appraisal Reviews Vs. Review Appraisals: What’s the Difference?

Admin / February 11, 2019

Appraisers frequently have their work reviewed, especially when an appraisal’s intended use is for financing. Reviewing appraisals is routinely part of the job description for appraisers employed by lending institutions. But the scope of work for review assignments varies significantly, and sometimes reviews are performed by non-appraisers. Both appraisers and their clients need to clearly

Commercial Appraisals