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Paul Turner Paulk Turner

ATLANTA—First time property owners may be surprised to learn that commercial real estate appraisals are typically significantly different and more complex than single-family residential appraisals. This nugget of wisdom comes from Paulk Turner, director of J.H. Berry & Gilbert’s appraisal and valuation services division.

“Commercial appraisals require a greater level of research and analysis than residential appraisals, but the primary difference is based on the income-producing potential of commercial properties,” Turner tells GlobeSt.com. “The three accepted approaches to value in a commercial appraisal include the Cost Approach, Sales Comparison Approach, and Income Approach, which are described in greater detail in the following paragraphs.”

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Jennifer LeClaire



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