Gerald Tostowaryk
Wednesday, April 28, 2010 - What's my commercial real estate worth?
Hmmm, as a follow-up entry to my last entry about valuing commercial real estate, perhaps a good topic would be about some common misconceptions about the value of our property.
Municipal Assessment
Commonly clients mistakenly believe that the municipality's assessment of their property is an accurate reflection of it's value. In theory it is, but in practice it usually is not. Yes most municipalities including the City of Edmonton use Market Value assessments which means they value it at marke ...
Full Article...
posted in General
at Wed, 28 Apr 2010 09:37:58 -0600
Wednesday, April 21, 2010 - Valuing Commercial Real Estate
I want to buy or sell some commercial real estate, how do I go about determining the value? Well, this topic is far to in-depth to discuss in one message, but let me give out a few tidbits.
Land - Well, if it is commercial land, we will assume you are going to develop it. While it is not as simple as it sounds, it is pretty much like this. Once you figure out what you want to build, what would the land be worth if you were buying land and building? Subtract the cost/value of the building and th ...
Full Article...
posted in General
at Wed, 21 Apr 2010 19:25:42 -0600
Sunday, April 11, 2010 - Some Real Estate Purchase Contract Legal Issues
Okay, before I start, remember, I am not now, nor have I ever been (but I sometimes wish I was) a lawyer. I am about to relate some legal information to you, so you need to check with a good commercial real estate lawyer if you have any questions.
Occasionally, some rather interesting court cases appear in the news regarding commercial real estate transactions. One that comes to mind was, if my memory serves me right, from BC. A buyer entered into a purchase contract with a seller for a propert ...
Full Article...
posted in General
at Sun, 11 Apr 2010 08:25:03 -0600
Archives
February - 2012
(1)
January - 2012
(1)
December - 2011
(1)
October - 2011
(1)
August - 2011
(1)
July - 2011
(3)
June - 2011
(2)
April - 2011
(3)
March - 2011
(4)
February - 2011
(1)
January - 2011
(4)
November - 2010
(2)
November - 2010
(2)
October - 2010
(2)
September - 2010
(3)
August - 2010
(3)
July - 2010
(2)
June - 2010
(2)
May - 2010
(3)
April - 2010
(3)
March - 2010
(3)
February - 2010
(1)
December - 2009
(2)
November - 2009
(2)
October - 2009
(2)
September - 2009
(1)
September - 2006
(2)
July - 2006
(2)
March - 2006
(1)
August - 2005
(1)
Categories
General
(51)
Listings
(8)
News
(2)
