| Market Rent Analysis | | | | modest about of additional time. Suggestions for |
| Market rent analyses evaluate the subject property, | | | | upgrades can enable the owner to substantially |
| competing properties, and market conditions to | | | | enhance the value of the property. |
| document an equitable level of rent in an arm's length | | | | O'Connor & Associates is the largest independent |
| transaction. Estimates of market rent are developed | | | | appraisal firm in the southwestern US and has over |
| regularly for market studies, appraisals, lease disputes, | | | | 40 full-time staff members engaged full-time in |
| and to provide an owner or prospective investor | | | | valuation and market study assignments. Their |
| with objective opinions. | | | | expertise includes market rent analysis, feasibility |
| Steps in market rent analysis include: | | | | studies, valuing real estate, business personal |
| Review of subject property; | | | | property, business enterprise valuation, purchase price |
| Visit subject property and interview on-site staff; | | | | allocation for businesses, valuation for property tax |
| Select rental comparables; | | | | assignments, partial interest valuation, estate tax |
| Gather data on rental comparables; | | | | valuation, expert witness testimony and valuation for |
| Visit rent comparables and interview on-site staff; | | | | condemnation. They have performed over 10,000 of |
| Review market data regarding rental and occupancy | | | | market rent analyses. |
| rate trends; | | | | O'Connor & Associates Market Research division |
| Summarize rental rate features and amenities of | | | | offers both timely data and consulting services to |
| subject property and amenities; | | | | real estate brokers, investors, lenders, developers, |
| Make adjustments for differences between sale price | | | | and other real estate professionals. This includes |
| and comparables (based upon data and insights | | | | information regardingreal estate valuation ,tax |
| obtained during visits to rent comparables); | | | | deduction ,market study,market research,property |
| Summarize and report conclusions (report can be oral | | | | tax,due diligence,financial modeling,expert |
| to detailed narrative report). | | | | witness,estate taxes,Williamson Central Appraisal |
| When contemplating a market rent analysis it is | | | | distric,Tips and Tricks for Appealing Your Property |
| prudent to consider including suggestions for | | | | Taxes in Travis,Travis county appraisal,Federal tax |
| financially feasible upgrades as part of the scope of | | | | reduction. |
| work. The data gathering and analysis will take a | | | | |