Appraisal Matters

So now that I had a nice graph showing “price per crime” for approved office sites that sold, I’m done right?  Not so fast, tiger.  There was a break point beyond which there were no sale transactions.  In this case, it was around 75 crimes, yet my subject had about 150… double that.  What I had . . . → Read More: The Effect of Crime on Commercial Property Market Value and Appraisals – Part 5 of 5

We’ve explored what crime can do to a regional mall.  Now I’d like to shift your attention to a case where crime affected what was going to be built on a spot of vacant land.

The Case of the Stigmatized Fully-Approved Office Building

We were hired for a tax appeal of a parking lot in Washington, D.C.  But . . . → Read More: The Effect of Crime on Commercial Property Market Value and Appraisals – Part 4 of 5