Most Bed & Breakfasts are the product of a large
converted single family residence. The image and décor of these properties is
often built around local themes or history. While some will have more bedrooms,
most have between three and six rentable sleeping rooms. Most bedrooms will
have a private bath; however, some will have shared baths. Breakfast is
typically light, but some more high profile properties offer a compliment of an
evening wine tasting and a full three or four course breakfast. The level of service,
location, age and condition of the property, as well as the profitability of
the facility, go together in determining its value.
Most functioning Bed and Breakfasts are appraised as Going
Concerns. Going Concern Value includes the value of land, buildings and all
personal property to include goodwill.
Our company appraises Bed & Breakfasts nationwide. We
further have the ability to pinpoint those attributes of a B & B Property
that affect its value.