Indianapolis Commercial Appraisals

Indianapolis Commercial Appraisals

If you have a commercial real estate transaction pending, you need the professional services of a reputable appraisal company that produces high-quality, dependable, and verifiable Indianapolis commercial appraisals. Successful real estate transactions hinge on confidence-inspiring appraisals, and you shouldn’t proceed without one. 

Your Appraisal Needs

Every real estate transaction incorporates factors that are unique to the situation at hand, which makes procuring a solid appraisal essential. While the real estate dealer involved sets the price for the real estate in question, he or she likely has no professional appraisal qualifications or experience, and the financial ramifications involved are far too considerable not to back up the transaction with an appraisal from a reputable appraisal firm with decades of experience. Obtaining an appraisal you trust is far more than a formality; it can mean the difference between a real estate transaction that withstands the test of time and one that does not.  

Appraisal Methods

The appraisal method used for your business transaction should reflect not only the type of real estate involved but also your needs, goals, and intentions. The three primary appraisal methods include:

• Income Capitalization – Income capitalization is a method that’s based on the income-generating value of the real estate in question. This approach applies to a wide range of properties, including commercial, residential (rentals), shopping centers, and much more. This appraisal method is geared toward predicting the investor’s overall rate of return on his or her investment and, as such, doesn’t focus as closely on factors such as location and overall condition of the property.
• Overall Cost – The overall cost methodology is a mathematical approach that carefully considers the actual value of the property – including the values attributed to its measurements, fabrications, and overall condition – while taking all improvements and any depreciation into consideration. This approach provides a value that is relative to what building a property with similar attributes (from scratch) would be.
• Market Approach – The market approach, which is also known as a sales comparison, is typically employed for home appraisals, but it can have other valuable applications. This method values the property in question to determine a sale price that is based on the sale of comparable properties (typically within the prior year). In this approach, all applicable factors are taken into account, including all physical attributes and the prevailing market.

Working closely with an experienced appraiser will help ensure that you obtain an accurate, reliable appraisal that is specifically tailored to your pending business transaction and your financial goals. 

Commercial Real Estate Deals Require Trustworthy Indianapolis Commercial Appraisals 

Whether you’re a seasoned professional or are new to the commercial real estate arena, if you’ve got a transaction pending, the dedicated professionals at Allstate Appraisal in Indianapolis can help ensure that you proceed with confidence. We have been proudly serving the appraisal needs of Indianapolis – and the nation – for 60 years, and our stellar reputation is our calling card. For more information, please do not hesitate to contact us today.