Our experts have a thorough understanding of the key factors affecting the valuation of various religious facilities, such as churches, mosques, synagogues, temples, and other places of worship. As part of our work, we take a deep dive into assessing the religious facility’s historical significance and unique architectural features, if any, on a case-by-case basis, and how such factors may influence the market’s perception of value. We also consider the size and condition of the building, its ability for alternate re-use in the market, likely buyers, alternate uses and value of the land, the marketability potential of the asset .
At IRR, we are committed to providing the highest level of service to our clients in the religious facility property sector. Contact us today to learn more about our valuation and consulting services.