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Commercial Appraisals in Port Hope & Cobourg
Welcome to Liverpool Appraisal; a boutique appraisal firm with extensive experience within Northumberland, we are pleased to provide AACI- accredited commercial real estate appraisals for a wide range of property types in Port Hope & Cobourg.
Need an appraisal for your commercial or industrial property in Port Hope or Cobourg? As a leading Commercial Real Estate Appraisal firm east of the GTA, Liverpool Appraisal offers the dual benefit of local expertise, and a personalized level of service that you can only get from a boutique appraisal company. We are proud to serve a diverse range of clients, ranging from major banks and credit unions, to developers, investors, and private property owners across Northumberland, including Port Hope and Cobourg.
Why Do I Need a Commercial Appraisal?
If you are considering selling or refinancing your commercial property or are purchasing a new property to broaden your real estate portfolio, it is necessary to understand the true value of your property(ies). This commercial real estate valuation is obtained through an objective third party appraisal. With over a decade of valuation experience, Liverpool Appraisal has extensive expertise in delivering meticulous, accurate valuation reports for a broad range of property types:
- Multi-Residential/Apartment
Full-narrative AACI appraisals for residential and multi-residential units, for financing, litigation, matrimonial, expropriation, estate planning, or special use.
- Commercial & Industrial
Commercial and industrial property appraisals, including retail plazas, offices, restaurants, warehouses, industrial condos and more.
- Land Appraisals
Development land appraisals, including rural properties and building lots, for financing, negotiation, matrimonial, development, cash-in-lieu of parkland, etc.
- Expropriation & Litigation
Preparation of professional appraisal reports and/or expert testimony for expropriation and litigation, acting on behalf of expropriating authorities or private owners.
How is a Commercial Property Appraised?
The full valuation process for commercial properties is considerably more complex than a residential appraisal. Following a thorough in-person inspection of the property or land, a commercial appraiser will analyze a wide range of factors that can impact the final value.
A well-developed full narrative appraisal report provides an overview of each of the factors attributing to the fair market value. At a minimum, you can expect your appraisal report to include:
- Stated Purpose Of The Appraisal
- Description Of The Property
- Factors Impacting The Property Value
- Detailed Overview Of Valuation Approaches Applied, And Associated Calculations
- AACI Signed
An appraiser will calculate your commercial property value using one - or a combination - of the following appraisal approaches:
- Income approach
- Direct comparison approach
- Cost approach
On their own, each of these main commercial appraisal approaches has its own limitations, but when combined, can generate an accurate value for your Port Hope or Cobourg property.
Our commitment to our client is based upon providing accurate, concise information to not only satisfy the needs of your end user, but also serve as informative, valuable insight into your property. It’s important to us to deliver a commercial real estate evaluation of your Port Hope or Cobourg property that is thorough, but also easy to understand. Further, we work hard to balance your need for accuracy and efficiency; we commit to timely service, and always stick to our quoted delivery date.
