Land Appraisal in Edmonton
Before entering into any contract or business relationship it’s important to have all the information. At Landucation Appraisals we’ve made it our business to know the value of Edmonton land so that you can have everything you need at your fingertips before buying or selling a property.
When pursuing residential appraisal, we keep our clients’ budget in mind and work on their side to ensure they don’t get cheated on any deals. We do the same with commercial appraisal, while taking a larger scale approach keeping in mind that land is a long-term asset that will continue to have value should the company or individual choose to liquidate.
Landucation Appraisals has been operating in the Edmonton area for over 25 years now. When you’re looking to get educated and make the best deals—residential or commercial—give us a call.
The Importance of Land Appraisal
Researching local appraisers before investing in a property is especially important when financing is involved. If you are looking for a loan, your source will require accurate information from a professional appraisal company before you can even start dreaming of getting that investment.
Working with income, cost, and sales comparisons, we’ll provide you with a fully fleshed out and reliable document detailing your property of interest’s true market value.
Your lender will need to know what sort of revenue the property can produce, mostly in the case of commercial appraisal, as well as the accuracy of its sale price, and finally, what similar parcels are selling for in the same region.
While these three methods are something many Edmonton land investors may think they can research on their own, it’s not so simple. When there’s a structure or two on the property it becomes easier, but vacant land is ambiguous and therefore the additional support of experienced appraisal companies to determine cost is something you’re going to need to invest in.
Land Appraisal Cost
Land appraisal cost varies greatly from case to case. A residential appraisal for example will be more affordable than a commercial one as there are less factors to consider.
At Landucation Appraisals we like to keep our rates competitive but if you’re looking for a general idea of what you might spend, the natural average is $328. Most of our clients pay between $287 and $373 with larger jobs working up to a high end of $450. Considering the amount that can be lost without the assistance of local appraisers, it’s a small investment to make in your financial future.
Experienced Edmonton Professionals
When it comes to appraisal companies, Landucation Appraisals is no newcomer to the industry. Opening our doors in 1992 we’ve been working with home and business owners for over 25 years to help them make the best, and most well-informed choices when it comes to purchasing land.
If you’re new to home ownership or investing, that’s not a problem. Just give us a call today and we can answer any questions you have before proceeding with the land appraisal. We can’t wait to hear from you!