There are countless factors that influence the worth of your commercial property. The prospect of determining the market value of said property may seem entirely daunting! Fortunately, the team at Teri Jackson Realtors is standing by to lend a helping hand.
Property market values are used to place a loose value on the holding and selling price of your assets. In order to properly determine your property’s total market value, it’s imperative to consider the value of the associated land and buildings. Keeping this in mind, we urge you to take a look at the following sections to explore the unique elements that comprise total market value.
Land market values are based on the worth of the actual land encompassing your holdings. This value discounts any of the associated buildings that sit atop the land. Oftentimes, this figure takes into account transportation proximity, potential land uses, and natural resources.
Improvement value is determined by estimating the worth of the various buildings and elements that sit atop your land. What is the use of your buildings, and what’s their current condition? Can income be generated from these buildings? It’s important to consider these questions when gauging improvement value.
If you’re interested in determining the precise market value of your commercial property, we urge you to contact the certified team at Teri Jackson Realtors. Our experienced real estate agents retain a nuanced understanding of the commercial market in the San Antonio, TX region. On top of that, we’re certified to provide a full suite of modern appraisal services. All you have to do is reach out to one of our knowledgeable representatives to jumpstart the valuation process!