X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
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.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Jennifer LeClaire

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.