What is "Commercial Express" from Corel CoreLogic


Commercial Express is a web-based cost estimating service that has become the "standard' in estimating the "Replacement Cost" of improvements in the business of Insurance Appraisals.  

A Master List of "Codes" from CoreLogic is available to guide  the appraiser.  For example, Code 1335 is defined as "Condominium, w/o Interior Finishes".  

Marshal Valuation Service Manual

For the last (40) plus years, real estate appraisers have relied on a (7) ring binder from the Marshall Valuation Service to estimate the "Replacement Cost" of buildings and site improvements.   

Subscribers pays $600 per year to receive monthly updates which are inserted into the 30" wide binder.  

Every conceivable improvement from high rise office buildings to various site components such as lighting & fencing is included.


CoreLogic purchased the Marshall Valuation Service and it's database which forms the basis of cost estimates for the "Commercial Express" application several yeas ago.

CFAC subscribes to both "Commecial Express" and to the Marshall Valuation Service Manual.  

CFAC has appraised commecial condominiums such as the multi-tenant office-warehouse "Silver Star Commercial Center" & the "Aloma Business Center".  

We also appraised the (17) story "City Place" condominium in downtown Jacksonville and the elaborate "Clubhouse at Tapestry" in Kissimmee.

For more information, please go to the company website of Central Florida Appraisal Consultants at https://www.cfappraisal.com/ or call 407-230-1023.














  




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