Request a Broker Opinion of Value
Be informed about the value of your property before you make a major decision! Our broker opinion of value is completely free and confidential. To start the process, submit a request using the form below and we’ll respond within 48 hours to gather more information for your comprehensive valuation.
How We Value Your Property
The value of your property depends on many variables which can be boiled down to four financial analysis methods. Our thorough valuation process takes into account current market trends, recent comparable sales, competitive listings, and your asset’s current/future performance, location, condition, idealize expenses, and potential.
Direct Capitalization
Current/future gross income minus operating expenses is calculated to produce a “Net Operating Income”. This number can then be used to calculate the value of an investment based on an expected capitalization rate.
Discounted Cash Flow/Proforma
Educated assumptions are made to predict the asset’s future performance, which is then used to calculate a valuation for the property. Commonly used when future income/expenses may change, (eg. rising expenses, deferred maintenance, the asset is not fully leased, not in good condition to capture market rate rents, or simply not leased at market rate).
Sales Comparison
Recent sales of similar listings (and sometimes on-the-market assets) based on size, location, quality, and tenant profile, are used to approximate the market’s supply and demand, and thus the value, for your asset.
Replacement Value (Cost Approach)
A less common method of valuation that is calculated by taking the cost of rebuilding the structure minus depreciation plus the value of the land to come up with a value for the property.