Appraisal Services

The Assessment Group Inc. has a broad range of experience with numerous property types including the following:

  • Multi-Family:  properties as small as a 6-plex to large apartment complexes with hundreds of units; Section 42 LIHTC projects for new construction or existing properties including for tax assessment appeal purposes.  We also have experience with housing market studies related to low income multifamily development. 
  • Office:  ranging from small owner occupied office properties and condominiums to large multi story office buildings and mixed use properties.
  • Retail:  ranging from neighbor strip centers to anchored strip centers, restaurants, single tenant retail, and mixed use properties.
  •  Industrial:  warehouse, manufacturing, distribution centers, multi tenant and flex type properties.
  •  Special Purpose or Public Use:  Churches or houses of worship, government buildings, etc.
  • Vacant Land:  platted commercial/office/industrial lots, raw development land, proposed and existing subdivisions.
We perform appraisals for all types of uses including:

  • New Construction Financing:  single tenant buildings or multi tenant properties with projected lease-up and absorption estimates.  
  • Ad Valorem Tax Appeal:  An appraisal from an unbiased, independent third party serves as a valuable tool when attempting to reduce the assessed valuation of a property. We will provide an estimate of market vale and, if requested, expert testimony relating to our opinion of the value, including TERC testimony. 
  • Mortgage Lending:  Refinancing, purchases, portfolio updating. 
  • Market and Marketability Studies:  Services included detailed supply and demand analysis as it pertains to a specified area or as it applies to a specific development or property and its affect on the market area.  This service includes housing market studies typically associated with Section 42 LIHTC developments.  
  • Litigation and Condemnation:  expert witness testimony, valuation involving government eminent domain “takings” and related loss in value or severance damages which may occur.