The “Cap Rate”

mainevaluation Commercial Appraisals, Commercial Real Estate 0 Comments

By Mark L. Plourde, MAI Published on Mereda   You may hear the term “Cap Rate” in discussions or articles involving commercial real estate. Even if you already have an understanding of what the term means, here is a little more insight from an appraiser’s perspective.   Simply put, a “Cap” Rate is used to convert income into value. To …

Opinions of Value

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Opinions of Value – and why they differ By Mark L. Plourde, MAI So you ask a simple question “What’s my property worth?”. Depending on whom you ask, the answer may be given quite quickly, but also may vary quite widely! Why is there such a difference? Perhaps it wasn’t clear just “what” the property actually consists of. For instance …