𝐖𝐡𝐞𝐧 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐕𝐚𝐥𝐮𝐞 𝐌𝐚𝐭𝐭𝐞𝐫𝐬 𝐌𝐨𝐬𝐭: 𝐃𝐢𝐦𝐢𝐧𝐢𝐬𝐡𝐞𝐝 𝐕𝐚𝐥𝐮𝐞 𝐂𝐥𝐚𝐢𝐦𝐬 & 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐓𝐚𝐱 𝐀𝐩𝐩𝐞𝐚𝐥𝐬

Property value can become especially important when a property is damaged, reassessed, or involved in a dispute. In these situations, an independent commercial real estate appraisal can provide objective support for determining market value.

𝐃𝐢𝐦𝐢𝐧𝐢𝐬𝐡𝐞𝐝 𝐕𝐚𝐥𝐮𝐞 𝐂𝐥𝐚𝐢𝐦𝐬 

Even after property damage has been repaired, the event may affect the property's market value.

A 𝐃𝐢𝐦𝐢𝐧𝐢𝐬𝐡𝐞𝐝 𝐕𝐚𝐥𝐮𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 considers factors such as:

• Property condition before and after the event

• Market conditions

• Income-producing potential for commercial properties

• Buyer and investor perceptions once issue has been disclosed (stigma)

An independent valuation can help property owners, attorneys, insurers, and other parties understand and document the potential impact on value.

𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐓𝐚𝐱 𝐀𝐩𝐩𝐞𝐚𝐥s

Property owners may challenge a tax assessment when they believe the property's assessed value does not accurately reflect its fair market value.

A Fair Market value appraisal can provide independent valuation support by analyzing:

• Comparable sales

• Market rents and occupancy

• Operating expenses

• Capitalization rates

• Property condition and market conditions

Appraisers at Quest Valuation have extensive experience in working with attorneys and property owners in valuations for Tax Appeals, Board of Equalization meetings, and court testimony at it relates to tax appeals. In Georgia, property owners generally have 𝟒𝟓 𝐝𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐝𝐚𝐭𝐞 𝐚𝐧 𝐚𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭 𝐧𝐨𝐭𝐢𝐜𝐞 𝐰𝐚𝐬 𝐦𝐚𝐢𝐥𝐞𝐝 𝐭𝐨 𝐟𝐢𝐥𝐞 𝐚𝐧 𝐚𝐩𝐩𝐞𝐚𝐥, making it important to act promptly.

𝐇𝐨𝐰 𝐐𝐕𝐀 𝐂𝐚𝐧 𝐇𝐞𝐥𝐩

Quest Valuation & Advisors, Inc. (QVA) provides commercial real estate valuation services, including 𝐃𝐢𝐦𝐢𝐧𝐢𝐬𝐡𝐞𝐝 𝐕𝐚𝐥𝐮𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐭𝐚𝐱 𝐚𝐩𝐩𝐞𝐚𝐥 𝐬𝐮𝐩𝐩𝐨𝐫𝐭, 𝐚𝐧𝐝 𝐄𝐱𝐩𝐞𝐫𝐭 𝐖𝐢𝐭𝐧𝐞𝐬𝐬 𝐓𝐞𝐬𝐭𝐢𝐦𝐨𝐧𝐲.

Whether you're a property owner, attorney, investor, or other professional facing a valuation issue, QVA can provide an independent, well-supported opinion of value.