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Value of commerical property from 2010 to now.

Posted on 9/28/13 at 5:10 pm
Posted by TIGER2
Mandeville.La
Member since Jan 2006
10487 posts
Posted on 9/28/13 at 5:10 pm
I have a piece of commercial property that was appraised in march of 2010. $510,000 with improvements. If you had to guess,did it go up,down or stay the same. It is in St.Tammany.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 9/28/13 at 5:46 pm to
That's really not any information to go by.

But up unless you bought a shitty property
Posted by nolanola
Member since Nov 2010
7581 posts
Posted on 9/28/13 at 6:50 pm to
quote:

I have a piece of commercial property that was appraised in march of 2010. $510,000 with improvements. If you had to guess,did it go up,down or stay the same. It is in St.Tammany.



That is pretty vague.

There are many different ways to appraise property. Actual comparable worth vs. income based approach, etc.

Are there any improvements on the land?

Has there been any activity in the area with other properties?
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