Appraisal Report for Commercial Property | Canada

Do an appraisal on a developed commercial property in Canada with this Appraisal Report for Commercial Property form.

• This appraisal report is for determining fair market value of the property.
• The appraisal contains:
  • a list of contingent and limiting conditions which may affect the accuracy of the appraisal;
  • description of the property;
  • valuation based on three approaches: Cost Approach, Direct Sales Comparison Approach and Income Approach;
  • the Cost Approach considers the current replacement value of the improvements, less depreciation, in combination with the current value of the land as if vacant;
  • the Direct Sales Comparison Approach analyzes recent market action on comparable properties;
  • the Income Approach or Capitalization Method capitalizes the estimated annual net income from the property at an appropriate rate into an indication of the capital value of the property.
• Available as a customizable and reusable MS Word template.
• Intended to be used only in Canada.