Thomas Wachtstetter is Broward County’s “Go-to” Appraiser for Commercial Property Appraisals

DAVIE, Fla. - Dec. 24, 2013 - PRLog -- With South Florida’s real estate market continuing to see an upward trend in closed sales, you may be hearing the term “property appraisal” more than usual. While many people are accustomed to getting a property appraisal for their home, you may be wondering how these differ from appraisals needed for a commercial property/structure. Wachtstetter is well versed in both home and commercial property appraisals and wants to share the different aspects between the two with you.

First, home property appraisals are not as complex and detailed as a commercial property appraisal can be. With a home property appraisal, Wachtstetter focuses on a simple inspection and looking at market comparisons. When a commercial appraisal is being performed, he also focuses on the type of commercial property, the allowable use of the structure, where it is located and how large the property is. This is just the beginning of a commercial appraisal. He also takes in account whether or not the property can be divided, comparable commercial properties, and the zoning laws of the structure. Lastly, using his 25+ years of experience in commercial and home property appraisals, Tom will examine the current income, lease terms for the property, and what the upcoming income potential is for the structure.

Receive an Honest Commercial Appraisal in Broward County with Thomas Wachtstetter
Risking your commercial property appraisal to someone who is inexperienced can leave you with an inaccurate and mediocre appraisal. Tom Wachtstetter uses his many years of experience, in addition to his continuous education on the latest regulations, codes and zoning laws, to give you the most accurate, honest appraisal possible. Tom uses a three-tier approach to provide you with a precise appraisal, these being the cost, sales and income approach. These three important aspects help to determine the correct market value for your Broward commercial structure and what its selling price should be.

You can see from the above-mentioned information that many factors go into creating a commercial appraisal report that is exact and thorough. If you need an experienced and certified commercial property appraisal, look no further than Thomas Wachtstetter. In addition to providing South Florida with accurate appraisals for commercial structures, he has also been performing residential, land and agricultural appraisals for over two decades. Tom knows each individual neighborhood throughout Palm Beach, Miami Dade and Broward County. He has earned the reputation as the “Honest Appraiser,” thanks to providing years of exceptional appraisal services to the property owners of South Florida. You can learn more about Tom and the types of appraisals he conducts by visiting his website, www.HonestAppraiser.com. Tom also discusses common myths and FAQs regarding appraisals on his website.  If you would like to schedule an appointment with him for a residential or commercial property appraisal, call 954-791-4663 today. He looks forward to hearing from you and answering any questions you may have in regards to commercial property appraisals.