Non-residential

Business valuation

Service

Commercial properties

Estimating the market value of commercial buildings and their permitted uses
The popular belief is that we can do whatever we want in the building we own. In reality, the city’s zoning by-laws dictate what uses are permitted for the building, as well as what is prohibited. When appraising a property, it’s very important to understand what’s allowed and what’s not. The value of this property may be quite different from what you think. Our experts can help you make sense of the situation and get answers to your questions.

This study must be requested by the Board of Directors or its designated representative. This survey is normally part of the condominium register. It is also important to bear in mind that directors are personally liable if they fail to carry out a diligent valuation of the building’s contingency fund. Relying on the statutory minimum of 5% of the budget may not be enough.

Real estate valuation method for retail

The valuation methods used by our experts are the cost method, the comparison method and the income method. However, sometimes a method cannot be applied. The cost method will not be applied in the case of commercial properties held in divided co-ownership.

There are many reasons why you might want to hire an appraiser for your industrial building. That’s why we always recommend talking to your expert, so that he can ask you questions about the purpose of such expertise.

Here are a few examples: 

As you can see, the reasons given above are many and incomplete. We can guide you through the vast world of appraisal. It’s important to feel comfortable talking to your expert, as he or she is bound by professional secrecy.

Frequently asked questions

FAQ

Yes. Not only do we have to visit the building, but we also have to take interior and exterior photos of the building. It's very important to inform the tenant of the procedure, so as not to have any difficulties when visiting the premises.
We give priority to times when traffic is lower, to limit inconvenience to customers and regular business operations. We can also try to arrive before the opening to take a tour of the premises.

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