The term Municipal Building is a broad one which could apply
to a vast range of different buildings used in local government. While there
are a number of uses which may fall into this category, it is anticipated that
the majority of properties labeled as Municipal Buildings are used as office
buildings. Municipal Office Buildings vary some from that of typical private
office buildings in most cases. They typically are not leased or sold on the
open market through arm’s length transactions. The design of Municipal
Buildings is often different from that of the design of private buildings.
Municipal Buildings may be built of higher quality materials; in some cases
including the use of stone and masonry. The interior layout may be different to best accommodate government
traffic patterns. The appraisal of Municipal Buildings must be performed with
the differences cited above in mind.
ELLIOTT® & Company Appraisers has the capability of
performing appraisals for Municipal Buildings anywhere in the United States. We
have a network of expert appraisers with local expertise in all markets
awaiting your request for service.