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Articles by December, 2008
Golf Course Appraisal 101
by Administrator on Dec 4, 2008 • Commercial Appraisal • 1029 Views
Golf course appraisal is a specialty appraisal area. Golf course appraisals investigate important topics like; the golf market including the supply and demad (competition) within a specific area, the site and its improvements, historic and anticipated future income and expenses and market sales information on both private / public golf courses.
The Las Vegas Apartment Market – A 2008 Appraiser Perspective
by Administrator on Dec 9, 2008 • Property Appraisal • 1792 Views
The market for apartment buildings in Las Vegas over the last two years has been considerably better than that noted for homes. How will market fundamentals change with negative population growth and large housing inventories?
Industrial Mini-Warehouse Appraisal
by Administrator on Dec 13, 2008 • Industrial Appraisal • 1292 Views
Industrial mini-storage property appraisals are complex and require focused research into storage unit rates, occupancy rates and expenses. In dynamically changing markets, like those being experienced in 2008, appraisers make an extra effort to track the performance of similar storage facilities in the market to see how they have been affected.
Healthcare Facility Appraisal – An Introduction
by Administrator on Dec 14, 2008 • Healthcare Facility • 1872 Views
There are a number of different types of healthcare facilities and each type serves its own sub-market and its own specialized clientele. Healthcare facility appraisals usually deal with the valuation of; hospitals, urgent care facilities, long-term care / skilled-care (nursing) facilities, assisted-living facilities, medical clinics and doctor’s offices. Most real property appraisers are retained to form a value opinion of the real property for lenders, partners, for acquisition / disposition, for litigation and / or for tax purposes. “Going-concern” appraisals of healthcare facilities can also be completed by real property appraisers however significantly more expertise is required to appraise the entire business operation including the real property that for the facility alone.
Appraisal Reports for Litigation 1 – Work Files
by Administrator on Dec 15, 2008 • Litigation / Expert • 2609 Views
Assignment perparation and the creation of a well organized work may offer appraisers the best expert witness experience. Follow these basic rules and you will be able to find all of the items that you relied upon to develop your opinion of value when you reach the witness stand.
Forecasting the Income from Restricted Gaming
by Administrator on Dec 22, 2008 • Commercial Appraisal • 823 Views
While the best way to value a “going-concern” property in Las Vegas, including its gaming element, is often based on its historic and anticipated income production, some clients want to know what income they can expect by adding a restricted gaming license that allows 1 to 15 gaming machines. Taverns, convenience stores, grocery stores and motel / hotel businesses are those who most often apply.
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