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THORNS CONSULTING,Inc.

1661 N. Claiborne Ave.
New Orleans, LA 70116
Tel: 504-949-5300
Fax: 504-947-4047

E-mail:
jpttci@bellsouth.net
 
SERVICES
» Appraisals
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» Real Estate Development
 
 




Thorns Consulting
REAL ESTATE - APPRAISERS - CONSULTANTS
INCORPORATED
 
CONSULTING SERVICES
 

Complementing the Appraisal services that Thorns Consulting,Inc. offers, is a wide range of equally important Consulting services.

LITIGATION SUPPORT. We provide information on behalf of our clients pursuant to real estate transactions and give expert testimony on matters related to real estate. In general, Thorns Consulting advises its clients on legal implications of Real Estate and Appraisal matters.

REAL ESTATE AD VALOREM TAXES. We represent government bodies as relates to counseling them and providing them with services on property valuation.

HIGHEST AND BEST USE STUDIES. By identifying and interpreting the market forces that affect a specific property in a local and regional context, the appraiser determines the property's highest and best use.

SITE SELECTION. In appraising any type of property, an appraiser describes and analyzes the land or site.

CONSULT WITH DEVELOPERS. In applying the income capitalization approach, an appraiser assumes that the investor's ultimate objective is a total return that exceeds the amount invested.

RELOCATION. We will assist in the relocation of individuals, housing and businesses Resulting from government requirements due to noise abatement, new highway construction or improvements and public housing downsizing or renovation.

REAL ESTATE MARKET ANALYSIS. Market analysis provides an appraiser with information about current building costs and market conditions for use in the cost approach. This information enables the appraiser to make more accurate estimates fo the profit an entrepreneur will expect and anyh economic advantage or obsolescence the property may have suffered since its construction.

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Terms & Definitions

 
Highest and Best Use
The reasonable probable and legal use of vacant land or improved property, which is physically possible,appropriately supported, financially feasible and that results in the highest value.
Ad Valorem
"According to Value"... The assessed value of property is normally based on, but not necessarily equivalent to, its market value.
Market Analysis
The identification and study of the market for a particular economic good or service.
Site
Land that is improved so that it is ready to be used for a specific purpose.
ZONE
Zoning laws typically identify zones or districts where certain land uses are permitted and others are prohibited. The broadest zoning categories are residential (often indicated by R),commercial (indicated by C) and industrial (indicated by I).
 
The Queen And Crescent Hotel
 
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