With over 25 years of experience in the commercial real estate appraisal industry, the team at Wernick Omura are expert witnesses in a Court of Law and are highly qualified when it comes to property valuation.
Need to determine the value of a commercial property for purchasing or sale? You’ll need to hire a property appraiser if you want the most accurate results.
Knowing all the details when it comes to property value is important especially in the world of commercial real estate. Give us a call today and we’ll prepare you with everything you need to buy or sell in the Edmonton area.
We Offer a Wide Range of Expertise
At Wernick Omura, we work for lenders, commercial property owners, lawyers, developers, investors, and private and public institutions. This means that we need to offer a wide range of services that can cover any and all needs of our Edmonton clients.
These clients may be looking for advice with retail, industrial, office, or hotel space. They may also be in the market for or attempting to sell development lands. Commercial real estate appraisal extends far beyond the sale of an office space! Luckily for our clients, we are experts in every area.
In the past we have completed property valuation for:
- Vacant land
- Hotels, motels, resorts, timeshares
- High- and low-rise office buildings
- Commercial mixed-use properties
- Industrial warehouse facilities
- Shopping and strip malls
- Leased fee, leasehold, and fee simple valuations
- Feasibility studies
- Highest and best use analysis
Our methods are based on years of both education and direct field experience in commercial appraisal. Supplying our clients with information that can help them earn or save more is something we are truly devoted to. We haven’t been a top-rated Edmonton firm for over 25 years for nothing!
Full-Service Commercial Property Valuation
Every member of the Wernick Omura team knows how to do their due diligence. There’s a lot more than many would think that goes into determining property value!
Once we begin our process we’ll review market rent, operating expenses, and lease information. From there we’ll create cash flow projections, as well as sensitivity and yield rate analysis and provide you with an overall feasibility study.
Depending on your goals, we’ll approach our overall study from one of three approaches:
- Income capitalization
- Direct comparison
Through cost, depreciation is deducted from the cost of improvements and then added to land value to determine property value. Income capitalization is based on the assumption that there is a relationship between potential income and property value, while direct comparison estimates land value as though it is vacant or the property is being improved.
Your Edmonton Property Appraisers
It’s important to have a property appraiser that you can count on when you’re working with commercial real estate. Whether you’re purchasing, selling, or lending, you’re going to require all the information you can get your hands on to make the most informed decision.
At Wernick Omura we can do all the legwork so you don’t have to. When you’re ready to get started, just give us a call!