Journal
Understanding the Appraisal of Properties with Overage and Kick-Out ClausesProperty transactions involving overage provisions or kick-out clauses require more than a straightforward comparison with recent sales. These contractual…How bike-sharing can move urban property valuesNew shared bicycles can change the appeal of a neighbourhood well beyond the homes nearest a docking station. The effect of new bike-sharing programs on urban…How to appraise properties with restrictive covenants and HOAsA sound valuation goes beyond simply noting a monthly fee. In Australia, a restrictive covenant may limit use or development, while what US buyers call an HOA…Anchor tenants and the value of retail centresAppraising multi-tenant retail centres with anchor tenant clauses requires a view of income, lease flexibility and retail demand at once. For Australian…Appraising Historic Mills for Industrial Conversion PotentialHistoric mills bring unusual valuation questions because age, heavy construction, heritage controls and worn mechanical services can make two similar buildings…How new bridges reshape riverfront access and property valueThe impact of new bridge construction on riverfront property access and value is not simply a matter of improved connectivity. A bridge can shorten journeys,…How to value community gardens and shared green spacesCommunity gardens and shared green spaces rarely fit neatly into standard property categories. A council allotment, a residents’ courtyard, a school edible…Best practices for appraising properties with active construction liensAn active construction lien can materially affect a property’s marketability, financing and value, but the amount claimed is not automatically a…Appraising downtown Sacramento offices: Sublease and vacancy trendsAppraising Downtown Sacramento Office Buildings in a tenant-favourable market requires appraisers to separate present vacancy from the risk of future vacancy.…Appraising mineral leases and surface use agreementsAppraising land affected by mineral rights requires more than a conventional property inspection. Mineral interests, extraction rights and surface access can…