Tag Archive for: Cost Approach

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The Religious Facility Appraisal – Part III

In our third segment of The Religious Facility Appraisal series we will take a look at the most common value approach used for religious facilities, The Cost Approach. Due to the fact that religious fa­cilities are special-use properties,…
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The Declining Use of the Cost Approach for Commercial Real Estate Appraisals

In the past twenty years the use of the cost approach for appraising commercial real estate has taken a drastic downturn. The principle of substitution is the basis for using the cost approach. The cost approach valuation is derived by adding…
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Low Property Values Not Appraisers’ Fault

Orlando commercial real estate appraisers have a challenging job. We have to go through commercial properties and give our honest opinions of what the property is worth in today's market. Unfortunately, given the ongoing challenges in many…
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Three Methods of Appraising Commercial Real Estate

Appraising commercial real estate may seem like simple process from most business owners’ perspectives. The appraiser comes to the property, looks around, takes a few notes, and comes up with a value for the piece of real estate. But that’s…