Calculating value in commercial real estate (CRE) is a very broad concept. There are a number of different value concepts that can be applied to commercial property. Each type of commercial real estate unit has its own market value, investment value, insurable value, or replacement value. However, when it comes to making a healthy return […]
Knowing how much your commercial property is worth is more complicated than knowing the value of residential real estate. The value of commercial depends greatly on the what the property is worth and the income it can generate. Also, the property’s location, type, and potential of future income will also affect its value. Commercial real […]
Commercial properties come in all shapes and sizes so trying to figure out the property’s fair market value are a lot different from residential property estimations where you can use similar homes in the neighbourhood as a comparison model. Commercial properties need to be evaluated differently. First, you should know the difference between the terms, […]