Sunday, August 7, 2011

Multi-Family and Commercial Property Buyers - Commercial Real Estate

What are the expected costs over the next five years to the multi-family, commercial or industrial real estate website real time?

Depending on the condition of the building include the answer to the cost of repairing or replacing a roof or heating and electrical boxes or under, and so predict what the cost of building repairs, a lot of practice to require to cover all bases.

The more experienced your property inspector is the best of this question can be answered. There are many industry standards for the cost. There is also what the local contractors are charged in your area. It can also affect seasonal factors and emergencies, the costs. For example, shortly after Hurricane Katrina, the cost of plywood more than doubled. These costs affect the roofing industry dramatically.

If the cost of oil has risen so rapidly in recent years, it has also the roofing industry and the cost of petroleum-based sealants for asphalt parking lots affected. We have the pulse of the time, what time to keep in motion to determine the maintenance of standards in the industry and the local market, the cost of every aspect of a particular site.

Here?s another scenario: The roof-mounted heating and AC unit is on its last legs. Within five years it will have to be replaced. I know the size of the unit means that the cost is usually about $ 5,000 to remove only the old and install new ? usually! I do this in a book may cost, I made to give this award to my clients and my work as an inspector. That sounds really good, but it is not the whole truth. What kind of tool plugs you can win? What kind of pipe is it? Are there any leaks in the pipes? This type of pipes should be replaced ? what difficulties does this mean? What is the access to the roof? Which city is the building? Beverly Hills requires special permits, if a crane is needed. The answer to these questions about this device costs $ 5000 more like $ 9,000 or more, depending on many variables.

Another classical field trial, the costs necessary for the roof. There is now used to elastomeric materials over existing roof, the half or less of a new roof will keep the interior cool helps the environment and cost of consuming less energy. In some cases, this method will more than pay for itself in 5 years or less. However, this method can not be used in all cases.

Requirements of the Act may also impact on costs. An example is HVAC: heating, ventilation and air conditioning systems. In California, there are a prerequisite for the improvement of energy efficiency on the mandate that has affected the cost of the equipment. In recent years, the direct costs of the contractor got a roof heating and AC unit has nearly doubled. Moreover, the methods require to treat certain types of HVAC systems installed roof mounted ducts. This can have a significant impact on the cost of installation or replacement.

The answer is an inspector of commercial real estate, which keeps pace with the changes in the various sectors and knows what?s happening in your region and your specific needs on the ground.

Source: http://www.commercial-real-estate.org/multi-family-and-commercial-property-buyers-what-will-your-repair-costs-be-over-the-next-5-years

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