Reasons For Appraisal

An independent appraisal gives you a clear basis for a real estate decision. Here are some of the reasons clients ask us to establish a property's value.

Transfer of Ownership

  • Help prospective buyers decide on an offering price.
  • Help sellers determine an acceptable selling price.
  • Establish a basis for an exchange of real property.
  • Support the reorganization or merging of ownership across multiple properties.

Financing and Credit

  • Establish the value of real estate offered as security for a mortgage loan.
  • Help investors evaluate real estate mortgage investments.
  • Support lending and underwriting decisions with an independent value opinion.

Real Estate Decision-Making

  • Understand the market and timing for a property decision.
  • Evaluate a proposed land use and its marketability.
  • Compare real estate investment alternatives.
  • Assess whether a property can support your investment goals.

Estate and Tax Planning

  • Establish a current or retrospective property value for estate administration or transfers.
  • Support your accountant or advisor with real estate values for tax planning and reporting.
  • Provide a basis for allocating value between land and buildings, where required by the assignment.

Rental Schedules and Lease Provisions

  • Provide market rent evidence to support lease negotiations, renewals, and rental decisions.

Renovation and Development

  • Assess a property's value in relation to a proposed renovation or development program.

Employee Relocation

  • Support corporations or relocation companies purchasing the homes of transferred employees.

Other Property Decisions

  • Provide an independent value opinion for legal matters, family property decisions, and other situations involving real estate.