Real Estate Portfolio Property Appraisals
Getting a Real Estate Portfolio Appraisal
Moving forward with investment decisions and partnerships requires assuredness and peace of mind. A portfolio valuation of such partnerships means an assessment of all the properties within, a daunting task for any investor. WestRock’s experience generating estate portfolio property appraisals, using cutting edge valuation technology and the collaborative efforts of its team, will ensure you have all the information you need to proceed with any investment decision.
Looking to value a real estate portfolio or expand your own through an investment property, an appraisal report is a necessary first step. Real estate portfolios contain individual property assets. If you’re trying to understand the value of the whole portfolio, you’ll need to have all properties in the portfolio evaluated individually. A quality appraisal will provide any real estate investor with extensive knowledge and market analysis based on a property’s historic and projected income - allowing you to make a decision about the viability of this real estate investment or the portfolio as a whole.
To properly assess the property’s value within a real estate portfolio, WestRock’s team relies on their substantial experience and market analysis in property valuation to establish a property’s investment potential. By scrutinizing a property’s rental income stream, comparative properties and their sale price, and several other variables, a WestRock appraisal is designed to be both exploratory and informative.
Through this method, you can be sure that WestRock has your investment interests in mind by guaranteeing an accurate, up-to-date, and detailed appraisal report.
Who Can Use a Real Estate Portfolio Appraisal?
The valuation of a wide variety of properties is a demanding enterprise. It requires an understanding of many property types and the variables that comprise their value. WestRock has experience in many types of properties under varying market conditions. As such, WestRock can evaluate properties in a portfolio that possesses a variety of property types.
By analyzing a property’s cash flow, comparable property sales, location, and associated costs, WestRock generates an accurate appraisal report that reflects a property’s value and the effects the market has on its desirability. Appraisals are your strongest advantage in determining the value each property contributes to a real estate investment portfolio.
Our partnerships are our strongest asset. Whether you are seeking a commercial appraisal on behalf of a client or for yourself, we are ready to help.
Each real estate property is different and WestRock’s prices are tailored to each appraisal assignment.
Contact us to discuss the details of your needs to establish your real estate appraisal’s unique price.
The WestRock Difference
You need more than just service from your real estate appraiser. When so much of what you do relies on quality real estate appraisals, you need experience, transparency, and expertise. That's what it means to work with WestRock.
Our Real Estate Appraisal Reports
WestRock’s real estate appraisal reports are based on several factors. Any institutional property appraisal will be a result of these three approaches to provide the foundation for this quantitative data analysis:
- Market Approach: A method that values an asset based on comparable property sales. Also known as the sales comparison approach, it tracks recently completed sales of similar properties to determine a property’s current market appeal.
- Cost Approach: A method that values a property based on the replacement cost of constructing a similar property, minus depreciation, plus the site’s value.
- Discounted Cash Flow: A method that estimates the value of an investment based on potential cash flows. Initial and annual costs, estimated income, and any holding periods are all variables used in this method.
Reliable market analysis is crucial for a trustworthy real estate appraisal. Each of our real estate appraisal reports is meticulously prepared with your institutional real estate property in mind. WestRock delivers on accuracy and credibility using factors like:
- Area Analysis: Deduction of relevant market trends, demographic statistics, and economic indicators.
- Zoning Analysis: An in-depth evaluation of the property’s compliance with relevant zoning standards.
- Improvements and Suggestions: Comprehensive descriptions, along with sketches and photographs, to detail a property’s optimized improvements.
- Real Estate Taxes Statistics: This feature analyzes historical and current taxes to project accurate real estate taxes for the subject property.
- Comparison Data: Detailed photos, descriptions, and analytics of comparative properties are provided for comparison. A sales comparison grid depicts all data and any necessary adjustments.
- Income Analysis: Evaluation of historical data to determine a property’s projected income and its requisite expenses.
- Complete itemization of all income sources.
- Operating Expenses: We provide an operating expense history and anticipate your expenses based on our extensive collection of comparable expense data.
- Capitalization Rate Development: Residential and Commercial loan rate surveys provide a basis for capitalization rate development.
Experience Matters
When choosing a real estate appraisal service that’s right for you, it is imperative that they have a team of professionals with experience, education, capability, and integrity. We emphasize these values in our recruitment and training, ensuring that every real estate appraisal report generated by a member of our team can serve your clients’ interests properly.
The coveted MAI designation is held by real estate appraisers who have invested a substantial amount of time in their own training to cultivate extensive experience in the valuation of properties from commercial to residential real estate. MAI appraisers go above and beyond to perform quality real estate appraisals to advise clients on sound real estate investment decisions and Steve Romer is no different. WestRock’s president and founder possesses the MAI designation, demonstrating the efforts he underwent to excel beyond fellow participants in the Appraisal Institute. He instills that experience into every aspect of WestRock’s real estate appraisal operations.
A real estate appraisal service that boasts even one MAI designated appraiser in their ranks demonstrates credibility, knowledge, and experience. Let WestRock use these skills to your investment advantage.
Pricing
Prices vary on specific real estate appraisal reports because of many factors like:
- Property type
- Size and complexity of property
- Property location and travel distance involved
- Ease of obtaining data in the relevant market area
- Scope of work
- Reporting format
- Turnaround time