Burgess Cawley Sullivan & Associates is on the major lenders' lists of accredited appraisers whose real estate appraisals they accept. This saves the borrower from having to get a second appraisal done. Moreover, when the lender is familiar with the conclusions that our appraisals support, it economizes on time in the lending process.
We conduct current market valuations of:
industrial, commercial, and investment properties including low and high-rise
rental apartment buildings;
new project development;
shopping centres;
mixed-use projects;
industrial buildings;
special purposes buildings;
mini storage facilities;
office buildings;
single-family subdivisions;
mobile home parks;
hotels;
motels;
and land.
An appraisal of investment properties typically involves:
analyzing the income stream relative to the market;
stabilizing the income stream; and
conducting in-depth research to determine appropriate yield rates and other market indices
to conclude a value estimate.
For new project developments, comparables are inspected and developers and marketing agents are contacted frequently to gauge market trends, which are incorporated into our valuation estimates.
