Calculating the Contributory Value of Improvements in Real Estate When appraising real estate, one of the key challenges is determining the contributory value of improvements—the extent to which structures or other enhancements add to the overall value of a property. Understanding this concept is critical for appraisers, developers, and property … [Read more...]
ChatGPT and AI Assisted Appraisal Reports
Insite Valuations is Using ChatGPT. Unlocking Efficiency and Insight: The Advantages of Using ChatGPT in Commercial Appraisal The commercial appraisal process is a meticulous and detailed endeavor, requiring a balanced mix of quantitative analysis, market knowledge, and interpretive skill. As technology advances, appraisers are increasingly … [Read more...]
Why a Commercial Appraisal Is the Best Gift You Can Give Your Business This Christmas Season
Commissioning a qualified professional to conduct a commercial appraisal of your business is truly a gift for both you and your business. Knowing the true price of your business will provide you with peace of mind, while it affords stability to your business. Anything can happen in the world of business, and by having a professional commercial … [Read more...]
Avoid These Scary Commercial Real Estate Mistakes
As the cobwebs decorate the stair railings and ghostly apparitions are hung on entry doors, Halloween ushers in both the trick-or-treaters and the commercial real estate investors who are always in search of the best places that offer the sweetest deals. Yet there are several mistakes that commercial real estate buyers and sellers need to avoid so … [Read more...]
Commercial Real Estate in Lexington, KY
Anyone looking for an excellent place to start a business should consider Lexington, KY as a top contender. Lexington has a diverse culture and a rich heritage, that continues evolving. Strong growth makes Lexington a good market for new commercial businesses looking to buy a building and establish a presence in the city. It's also a good market … [Read more...]