What information helps produce a more meaningful Opinion of Value?
Category:
Business & Property Value
The quality of any opinion depends upon the quality of the available information. For commercial properties, helpful information may include current leases, rent rolls, operating statements, property expenses, recent capital improvements, surveys, environmental information, and occupancy history.
For businesses, financial statements, tax returns, customer concentration, staffing, recurring revenue, operating systems, lease information, and historical performance often contribute to a more informed opinion.
The more complete the information, the more meaningful the resulting analysis may become.
