Commercial and Residential Real Estate Appraisers
Whether you’re purchasing or selling commercial real estate, developing land as an investment, or conducting any other type of real estate transaction, a professional property appraisal will streamline the process and establish the fair market value of any property. Many real estate forms and documents include a line item of the estimated property value, yet only a licensed and certified appraiser is qualified to provide a completely objective valuation along with a detailed and comprehensive written report.
Commercial - Industrial
What can an appraiser do for you? Our accredited professionals are available to assist you with:
Following the onsite property observation at your location, Phillips Valuation & Consulting can provide valuation services and comply with the regulations set forth by the Uniform Standards of Professional Appraisal Practices.
The Appraisal Process
The appraisal process includes the research, compilation and analysis of all pertinent data as it relates to your specific requirements. Phillips Valuation & Consulting provides several types of reports in standardized or narrative book form.
Sales Comparison Approach
In its most basic form, this approach is built on the premise that the market value of a property is partly derived and comparable to surrounding properties.
Since the market obviously relates to cost, this approach takes into account and analyzes market trends as defined by two specific elements: Land value and land improvements, minus depreciation.
An appraiser can estimate the market value using the income capitalization approach, which relies on the perspective that the potential earning power of real estate is significant when calculating its actual value. Income capitalization techniques are used to analyze sales data that measures potential profit and loss.
Phillips Valuation & Consulting provides complete appraisal services for:
- Retail properties
- Industrial properties
- Office properties
- Multi-family or residentially oriented properties
- Hospitality properties
- Special purpose properties
- Vacant land or development properties
- Many other commercially oriented properties
Please call us for more information or for a consultation on your commercial, industrial or residential property.