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Commercial Appraiser
Determines the market value of commercial properties — offices, factories, retail spaces, and land.
Did you know?
Commercial appraisers often value offices and shops with the 'income approach', working out a building's worth from the rent money it brings in.
How subjects help
- Mathematics: Calculate a building's value from the rent it earns and what it costs to run.
- Economics: Compare recent sales nearby and judge how local demand affects property prices.
- Business Studies: Judge how well a location suits a business, like how many shoppers walk past a shop.
- Law: Check planning rules and leases that limit how a property can be used.
A famous name
William N. Kinnard: Real estate appraisal expert whose 1971 book Income Property Valuation became a classic in the field.
Try it yourself: Match a family to a home
- List what this family needs most. What would be nice but not essential?
- Check each home against the list. Which needs does each one miss?
- Pick the best match and say what the family would have to accept.
- Which home might be worth more money, and why?
Estate agents match people to homes that suit their lives, and property valuers work out what a building is worth from its features.
Also try: Plan a party on a budget.
Known for it in
USA, UK, Hong Kong, Australia, Singapore