Value investment property accurately – Get a professional real estate appraisal

Real estate appraisals are commonly used by real estate investment professionals to make accurate assessments of all kinds of commercial, residential, industrial and rural properties. Appraisals are critical business tools. Every property is different in terms of size, market conditions and location issues. A market appraisal helps to estimate the real value of the property as an asset for purchase or sale.

This process is particularly useful, creating a realistic picture of the asset and helping investors assess market potential. This “experts only” approach is particularly important in the commercial property market, where a range of factors may contribute to an accurate market valuation of high-value properties.

This type of expertise is invaluable in finding good properties and identifying duds. Market appraisal services are directly plugged in to the local markets. Their current information feeds and local knowledge bases are far superior to the more conventional (and often very inaccurate) “comparing similar properties” methodology, which is unreliable at best.

There’s a good reason for the popularity of real estate appraisal services with investors – commercial property value may depend on a range of local factors. Residential property, too, may also be affected by local neighborhood issues. Investors know that many “bargains” are anything but bargains, and they use real estate appraisal services to check for real investment values.

Whether you’re buying a house or a shopping mall, a real estate appraisal service is a good risk management move. Having professional expertise on your side reduces risk, and allows you to identify good values. If you’re an investor, having an experienced commercial real estate appraiser doing your number crunching is absolutely essential.

A good example of a commercial property appraisal service is a company called Irish Appraisal Service, based in California serving the West Coast states and Nevada. This company conducts a complete range of property appraisals of all types of commercial and residential properties.

This is a huge, highly diversified property market, which you will give you some idea of the level of expertise involved in doing market appraisals. This company is a full-service example of the standard of appraisal service you need in the US property market. The company’s client base includes sellers, buyers, investors, and corporations across the entire range of property types.

When you’re looking for real estate appraisal services, they’re an excellent benchmark. You can see their website here at http://www.irishappraisal.com/