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Industrial & Commercial Appraisal in Edmonton, Surrounding Areas, and Yukon
Do you own, operate, or invest in an individual or a commercial or industrial property portfolio?
Let us help you achieve a better understanding of the actual value of your property. We can help with industrial or commercial property appraisals in Edmonton and the surrounding communities, northern and central Alberta, Whitehorse, and Yukon Territory at Shaske & Zeiner Appraisal Consultants Ltd. From market value to insurance valuations, lease surveys, and property tax issues, our services cover a wide range of properties and interests.
You want a reliable team to provide timely and accurate information when making business decisions. Our company has been appraising property since 1993; we can deliver excellent service and accurate information.
What Are Property Appraisals?
A real estate appraisal is the process of developing an evaluation regarding the value of a real property. Real estate transactions require appraisals as every property is unique. An appraisal is an unbiased opinion of a property’s value. It can be used in purchase and sale transactions. Also, it can be used to determine if the property’s price is appropriate for its condition and location.
Real Estate Appraisals Have Many Benefits:
Here are some benefits of real estate appraisals.
Disposition
When selling commercial real estate, overpricing the asset could lead to the property sitting on the market for a long time. On the other hand, if it is priced low, the owner could suffer financial losses. Using a commercial appraiser can help you get the correct estimate for your property.
Estate Planning
Estate settlement related to the deceased can be challenging. By using an appraiser, you can get the correct value of your property. An appraiser can be used by attorneys, estate planners, executors, corporations, and enrolled agents.
Insurance
While providing property insurance, the insurance company must get the land’s value in question. An appraiser can help insurance companies get an estimate of the property.
Divorce
During a divorce settlement, the division of real estate assets requires an appraisal. The real estate appraiser’s opinion can be used to sell or divide assets.
Difference Between Commercial and Residential Appraisal
There are different kinds of complexities of valuation and worth involved in commercial and residential appraisals. The factors taken into consideration during a home appraisal differ from those taken into account during a commercial appraisal. For residential appraisal, we take in aspects such as the neighbourhood, location, and home size. In contrast, for commercial appraisal, our appraiser calculates the value based on rental forecasts, selling price, income, etc. Call us now to know more.
Property Appraisal Solutions
If you plan to buy or sell residential or commercial property, it is essential to undertake a real estate valuation by a professional. This process will help you define the value of your property correctly. Shaske & Zeiner Appraisal Consultants Ltd. conducts value assessments for various types of buildings, such as brick-and-mortar stores, apartments, or vacant land.
We offer industrial and commercial real estate appraisals to help prospective sellers determine acceptable selling prices, support lease negotiations for tax assessments, estimate the liquidation value for forced sale or auction proceedings, and more. Get in touch with our team to know more about our services.
Types of Industrial or Commercial Properties We Valuate:
​Here are the types of industrial or commercial properties we valuate.
​​Small to medium industrial properties: Whether a compact workspace or a burgeoning industrial hub, we meticulously assess small to medium industrial properties, providing insightful valuations that reflect their true worth in the dynamic market.
​Properties with the potential to be subdivided soon: Anticipating the future, we excel in appraising properties with subdivision potential.
​​Condos and strata: From modern condominiums to strata-titled developments, our experts delve into the nuances of these properties, delivering precise appraisals that capture their unique characteristics and market value.
Offices: We understand the intricacies of office properties, providing you with accurate assessments that reflect the demands of the commercial office space market.
​​Warehouses and manufacturers: Whether it's a warehouse brimming with inventory or a manufacturing facility buzzing with production, our appraisers are adept at evaluating these industrial assets, offering you a comprehensive understanding of their market value.
​​Garages, car dealerships, and car washes: Navigate the automotive sector confidently with our appraisals for garages, car dealerships, and car washes. Our assessments consider the unique factors influencing the automotive market, ensuring you receive an appraisal aligned with industry standards.
​​Appraising new reproduction costs for insurance: Safeguard your investments with our expert appraisal services, including evaluating new reproduction costs for insurance purposes.
Shopping malls and commercial plazas: We analyze market trends and property-specific factors to deliver valuations that empower your strategic decisions.
​​Clinics: Our appraisers specialize in assessing healthcare properties from medical to wellness clinics. Gain clarity on the value of your clinic with our comprehensive appraisal services.
​​Retail stores: Whether a boutique or a flagship store, we provide tailored appraisals for retail spaces. Understand the market value of your retail property with our expertise.
Manufacturing facilities: Uncover the true worth of your manufacturing facility through our in-depth appraisals. Our assessments consider the intricacies of the manufacturing sector to provide accurate valuations.
Medical clinics: Specializing in healthcare properties, we offer detailed appraisals for medical clinics. Trust us to provide insights into the unique factors influencing the value of medical facilities.
Hotels and inns: For the hospitality industry, we provide comprehensive appraisals for hotels and inns. Our assessments consider market trends and property-specific features to determine the optimal value.
Factors Affecting Industrial and Commercial Property Value in Edmonton
Understanding the factors that influence the value of industrial and commercial properties is crucial for making informed decisions in the real estate market. Whether you are buying, selling, or investing, being aware of these critical factors will help you navigate the dynamic landscape of the industrial and commercial real estate sector.
Location: One of the most significant factors affecting the value of industrial and commercial properties is their location. In Edmonton, the specific neighbourhood, accessibility to transportation, and proximity to critical amenities can significantly impact the property's value.
Economic trends: Economic factors are imperative in determining the value of industrial and commercial properties. Our appraisal services include a comprehensive analysis of the current economic trends in Edmonton, such as employment rates, GDP growth, and industry trends.
Property size and features: The size and features of an industrial or commercial property are crucial considerations. Our appraisal consultants evaluate the square footage, layout, and amenities to assess how well the property meets the needs of potential buyers or tenants.
Market demand and supply: The balance between demand and supply in the industrial and commercial real estate market significantly affects property values. Shaske & Zeiner Appraisal Consultants Ltd. closely monitors market dynamics to understand the need for specific types of properties in Edmonton.
Zoning and regulations: Zoning regulations and compliance with local ordinances are critical factors in property valuation. Our appraisers carefully examine the zoning laws in Edmonton to ensure that the property adheres to the designated land-use regulations. Compliance with these regulations can positively impact the property's value and marketability.
Contact us today for expert commercial and industrial appraisal in Edmonton tailored to your needs.
Contact Us
Does your property qualify for an appraisal? We provide industrial and commercial property appraisals across Edmonton, Alberta, and even Whitehorse, Yukon, on most properties. Contact us today for more information.