Commercial Real Estate Appraisal and Valuation Services

A real estate appraisal determines the fair and accurate value of a property. It facilitates equitable negotiations, strengthens loan applicants’ positions, and guides financial decisions, influencing insurance premiums, tax assessments, and estate planning.

The cost of a real estate appraisal depends on factors such as location, size, characteristics, and market conditions. Experienced appraisers ensure fair and reliable evaluations.

• Determining the commercial price of a property for sale or rent.
• Ascertaining costs for deeds, taxes, and notary fees in buying and selling processes.
• Applying for mortgage loans or real estate insurance.

• Property purchases and sales
• Processing bank mortgage loans
• Property title or testamentary proceedings
• Real estate insurance applications
• Determining rental property prices
• Calculating compensation for property expropriation
• Determining fiscal burdens such as Property Acquisition Tax (ISAI)

Appraisals provide confidence and transparency by determining a property’s objective and precise value. Owners often rely on emotional values, but an official appraisal ensures accuracy and reliability.

Step 1: Problem Identification

• Define the use and purpose of the valuation service.
• Determine the required valuation date.
• Identify the property characteristics.

Step 2: Determining Scope of Work

• Define the scope in terms of delivery times, extent of research, and reporting.
• Gather additional information as part of professional appraisal duties.

Step 3: Information Collection

• Property details: geographical characteristics, size, location, land use, construction elements, improvements, and income/expense data.
• Market information: regional and local data, comparable sales, and market trends.

Step 4: Analysis of Information

• Conduct market analysis, including demand studies, sale prices, and supply studies.
• Determine the highest and best use of property.

Step 5: Application of Valuation Approaches

• Market Approach: Analyze comparable asset prices.
• Cost Approach: Consider replacement costs and depreciation.
• Income Approach: Utilize discounted cash flow methods.

Step 6: Value Reconciliation

Analyze reliability and determine the most representative valuation approach. Provide conclusive commercial value.

Step 7: Land Value Opinion

Evaluate land value using market research, disaggregation, and dynamic residual methods. 

• Property deeds and title
• Property and water payment receipts
• CFE vouchers
• Property location and plans

Fiscal Appraisal

Conducted by federal authorities for tax purposes, such as setting territorial taxes and determining ISR and ISAI upon property acquisition.

Bank Appraisal

Used to request a mortgage-backed loan or determine financing guarantees.

Mortgage Appraisal

Evaluates property value before renting, selling, or applying for loans.

Commercial Appraisal

Determines value for premises, buildings, shopping centers, and other properties.