For the most part, when determining a value for a residential property, the main considerations are square footage, age, condition and location. With commercial real estate listings, there are additional things that can affect the valuation of the property. When buying, leasing or selling a commercial property, you need a real estate agency that knows these differences. We are a great real estate team, and we have the experience in commercial real estate listings to handle the valuation for the property you are buying or selling.
Some commercial real estate listings are valued by some of the same methods as residential properties. The size, age, condition and location are all part of the valuation. Other factors can come into play, also, depending on the type of property. A multi-family housing property valuation will consider the rental history, vacancy trends and current lease agreements. A property with tenants with a long, stellar rental history at current market lease rates will fetch a higher price than one that doesn’t.
The income stream of commercial real estate listings often influences the valuation for the property. Hence, a fully leased property will be more valuable than a vacant one in most cases. This can be great news for a buyer who can get the property fully leased and then enjoy more of a profit margin. Investors look for the best return on investment they can get, and we’re more than happy to assist you with locating properties in Midland, Penetang, Tiny Township, Tay Township, Balm Beach or the waterfronts in the Southern Georgian area that will give you the investment profit you desire. Give us a call if you have a property to sell, as well.