Property types
Special-Purpose Property appraisals in Connecticut
Appraisals of hotels and inns, marinas, schools, recreational, institutional and other one-of-a-kind properties.
What drives special-purpose value
Few direct comparables
Special-purpose properties rarely have close sales, so we rely more on cost and income analysis.
Going concern
For hotels and similar property, we separate the real estate from the business.
Alternative use
What else the property could be used for is often central to value.
Specialized buildout
Pools, docks, kitchens and other features add value only to certain buyers.
Where we do this work
The towns where we have appraised the most special-purpose property:
What to send us
- Building and site details
- Operating history, where income-producing
- Any leases
Special-Purpose Property appraisals: common questions
Do you appraise marinas and inns?
Yes. Marinas, inns and recreational property are part of our special-purpose work, especially along the shoreline and in the Litchfield Hills.
What if there are no comparable sales?
We widen the search, rely more on the cost and income approaches, and explain the reasoning clearly.
Who does the appraisal?
A partner of Baldi Valuation inspects every property and signs every report. The firm is led by Michael Baldi, MAI, AI-GRS.
Need a commercial appraisal?
Tell us about the property and what the appraisal is for. We will respond with a fee and a delivery date, usually within one business day.