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VALUATION

A Nicholas Co. appraisal report is prepared with the highest regard for quality, accuracy and integrity.  It is a reliable reflection of current market conditions influencing the property being appraised.  All appraisals conform to client and industry requirements, including: 

·         The Uniform Standard of Professional Appraisal Practice (USPAP).   

·        The Standards of Professional Practice and the Code of Ethics of the Appraisal  Institute. 

·         State regulatory requirements placed on state certified real estate appraisers. 

Each report will either be prepared or extensively reviewed by a Member of the Appraisal Institute (MAI).   We endeavor to support our valuation with the best available comparable sales and rentals, as well as expense and property tax comparables, to provide our clients with a reliable report. 

In addition to more conventional assignments, such as office, retail, apartments and industrial properties, the Nicholas Co. staff has experience in analyzing other types of real property including hotels, airports, marinas, hospitals and other medical facilities, regional malls; master-planned residential and commercial developments, and retirement communities.  

Unique appraisal and consulting assignments performed by our staff include quantifying the effects of asbestos contamination, the effects of floods; determining the value of sites which are located in private tax districts, valuing historic facade easements, air rights, professional sports arenas, analyzing the effects of abandonment on lease analysis, right of way and easement valuation, and properties requiring detailed highest and best use studies for alternative uses.

Contact: nick@nicholasco.com