I recently attended the Wisconsin Assisted Living Association’s Spring Conference and a person asked me – how do you determine the value of a 4 bed adult family home? I began my answer as usual, describing the income approach to value and how to capitalize the net operating income to determine value. But it quickly […]
What’s My Facility Worth?
March 13, 2013 by
It’s probably not surprising that the most common question we’re asked is: What is my facility worth? While we have talked about this question in other newsletters, it’s time for a refresher. Real estate appraisers use three approaches in determining value: income, comparable sales, and replacement cost. For most buyers and lenders, the income approach […]
