About Texas Commercial Appraisals
Texas Commercial Appraisals LLC is an innovative commercial real estate appraisal firm located in the Greater Houston area. We have satellite locations throughout Texas and employ only the most experienced staff to ensure your appraisals are credible, accurate and completed on time. All of our senior appraisers are MAI designated by the Appraisal Institute. Each are “Certified General Appraisers” licensed by the state of Texas with a minimum of 15 years experience appraising commercial properties.
We are locally owned and operated by state licensed APPRAISERS who live and work throughout Texas. Our service, fees and customer service are second to none and you will never have to pay more to cover third party management fees. Texas Commercial Appraisals is NOT a management company. We specialize in providing accurate and appraisals for all types of commercial properties. Our core values are accuracy, professionalism, and customer service. Let us help you get the most accurate and up-to-date value for your property. Contact us today (713) 654-1200!
What is included in an Commercial Appraisal report?
The main purpose of an appraisal report is to let the reader know the value of the real estate in question, and depending on the scope of the report, one will customarily see the following:
- Who engaged the appraiser and whose purposes the appraisal is to serve.
- The intended use of the report.
- The purpose of the appraisal.
- Precisely what “value” attribute is being reported and what that value means.
- The effective date of the appraiser’s opinions and conclusions.(Sometimes this is in the past or maybe the future for new construction!)
- Characteristics of the property that have a bearing on the value, including: location, physical description, legal attributes, economic factors, the property rights valued, and non-real estate items included in the valuation, such as personal property, items that are more or less permanently installed and even intangible factors.
- All known easements, restrictions, encumbrances, leases, reservations, covenants, contracts, declarations, special assessments, ordinances, and other items of a similar nature.
- Division of interest, such as fractional interest, physical segment and partial holding.
- The scope of work used while working up the assignment.