Non-residential
Business valuation
Service
Commercial properties
Estimating the market value of commercial buildings and their permitted uses
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.
For any questions : 514 788-0612
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:
- Valuation for financing purposes
- Valuation for shareholder redemption purposes
- Valuation for sale or purchase
- Valuation for rental purposes
- Valuation for tax purposes (taxation, capital gains, etc.)
- Valuation for insurance purposes
- Valuation for litigation purposes (expropriation, loss of value, municipal assessment dispute, etc.)
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.