Consultation / Evaluation Services

The estimation of value, whether market or some other defined value, may not always serve the needs of a particular client. We possess the experience and expertise to be able to offer a variety of services that complement traditional valuation. In addition to valuation, we provide:

  • Highest and Best Use Analysis – A determination of the optimum use(s) for specified real estate. The use(s) that produce the highest net return to the real estate.
  • Feasibility Study – A focus on specific investment objectives and an analysis of all contributing and limiting factors to determine whether they meet the minimum objectives established by the decision makers.
  • Market Study – A study relating to the general market conditions of supply, demand and pricing or to the demographics of specific areas or property types. This study may reveal or explain facts and behavior regarding property types and investor activities.
  • Marketability Study – A study providing a client information needed to judge the source of most likely demand, the timing for demand, the amount of money that would be spent by each demand component, and the property’s ability to capture available demand.
  • Cost Benefit Study – A study to assist in the decision-making process of whether or not to construct certain capital improvements. This study is accomplished by calculating all benefits which a proposed improvement will create and weighing them against the cost of creating the improvement.
  • Fairness Opinion – An evaluation of a particular transaction to determine that all parties concerned receive fair and just compensation for their investment.
  • Litigation Support – An analysis of pertinent documents as they pertain to real estate and its valuation as well as expert witness testimony for county, state, federal and bankruptcy courts.
  • Ad Valorem Tax Consultation – A determination of the fairness of an assessed value in comparison to the market value of the property. This service may also include the filing of a protest and the actual protest itself in those cases where an actual reduction of assessed value might be warranted.
  • Regulatory Compliance Review – A review of all policies and procedures pertaining to the ordering and review of real estate appraisal to determine their compliance with al applicable state and federal regulations.
  • Appraisal Management – Based on the client’ needs, active support for all areas of the appraisal function including creation and implementation of appraisal policies, approval of appraisers, ordering of appraisals, appraisal reviews, and committee/board presentations pertaining to any or all of the above.
  • Appraisal Review – A review of an appraisal report to determine its compliance with state and federal standards, the client’s internal policies and current appraisal standards. Additionally, and most importantly, the report is reviewed to determine the reasonability of the value indication presented.