opinion of value
Our Broker’s Opinion of Value (BOV) is an assessment we provide to help property owners estimate the potential market value of their property. Unlike a formal appraisal, our BOV offers a comprehensive yet informal valuation that gives valuable insights into what your property might sell or lease for in the current market.
Here’s what our BOV includes:
Market Analysis
We conduct a thorough review of recent comparable sales (comps) and leases in the area to establish a competitive price range.
01
Property Evaluation
We assess the property’s condition, location, size, and features, comparing it to similar properties on the market.
02
Current Market Trends
We provide insights into current market conditions, such as supply and demand, vacancy rates, and economic trends that impact property values.
03
Estimated Value
Based on the data and our professional judgment, we provide a suggested price range or estimated market value.
