Minnesota Real Estate Services - Commercial Properties - Industrial Properties - Land Properties - Residential Properties - Estates - Tax Abatement

Our Real Estate Services include Full Service Appraisals, Acquisition, Market Feasibility & Analysis, Tax Abatement, Condemnation, Valuation, Estate & Succession Planning, Buy-Sell Decisions, Eminent Domain & Easement Analysis, Brokerage Services, Absorption Studies.

We are a full service appraisal and real estate service office. Our client base
includes: individuals in the general public, attorneys, many local and national
banks, local builders, local developers, and relocation companies. We strive
to make every client, independent of size, our number one customer.

We stand behind our services and pride ourselves in the integrity and
honesty that goes in every service we provide. We provide services from the
simple to the complex with easy-to-understand and comprehensive sets of
documentation and conclusions.

We provide an extensive list of services listed as follows:

All types of Commercial Properties
All types of Industrial Properties
All types of Residential Properties, including relocation
Land and land development
Special Use Properties
Estate Properties
Condemnation and special assessments
Court Testimony
Investment Properties

Residential Properties
Single family, Townhomes, Condominiums, and Multiple Family

We have performed appraisals on smaller residential properties to the complex multi-
million dollar properties located on Lake Minnetonka. We have appraised estates holding
one to several properties. Residential properties, including relocation properties,
comprise about 30% of our total yearly project list.

Several different reports and formats are available for appraising residential properties.
The type and complexity of the appraisal is a detriment of the appraisals usage. Below are
some of the forms and formats that are available. Please contact us to determine what is
most suitable for your appraisal needs.

Written Reports

		Complete Self Contained Report
		Summary Report

Form Reports

		Uniform Residential Appraisal Report (URAR)-1004. The URAR is used for single-
		family residential (including townhome) units, and is one of the more complete forms the appraisal includes the physical inspection of the interior and exterior of the subject, and the exterior of each comparable. This form has the option of utilizing a summarized cost and income approach. The URAR provides a uniform format for reporting neighborhood, site, and improvement descriptions. Exhibits include front, rear, and street scene photo(s) of the subject; front photo(s) of the comparable sales; a street map depicting the location of the subject property and comparables; an exterior and interior building sketch of the subject with room locations identified.

		Employee Relocation Form (ERC). The ERC is a full appraisal used by relocation
		companies and transferees. It covers information similar to the URAR such as property information and comparables with the addition of including competitive listings (on market comparables).

		Individual Condominium Unit Appraisal (1073). This report form is designed to
		report an appraisal of a unit in a condominium project or a condominium unit in a planned unit development (PUD) based on an interior and exterior inspection of the subject property. This form is not designed to report an appraisal of a manufactured home or a unit in a cooperative project.

		Small Residential Income. Multiple Family (1025). The Form 1025, "Small
		Residential Income Property Appraisal Report" is designed for two to four family income properties. It is extensively used by lenders and other investors for purchases and refinancing purposes. "Small Residential Income Property Appraisal Report" typically consists of a letter of transmittal; neighborhood analysis; description of the site; description of the improvements; rental income analysis; cost approach; income approach; direct sales comparison approach with comparable sales; reconciliation; operating income statement, definition of market value; certification; contingent & limiting conditions; firrea addendum; interior and exterior photos of the subject property; exterior photos of all comparable sales used; comparable sales location map; and sketch of subject property showing room layout.

Commercial and Industrial Properties
We have preformed hundreds of commercial and industrial property appraisals.

Types of commercial properties that we have appraised are including, but not limited to
the following:

Office buildings
Office condominiums
Medical buildings
Free standing retail buildings
Retail centers
Mixed use
Gas stations / Convenience stores
Automotive service and sales
Churches
Restaurants and liquor establishments
Motels and hotels
Boarding Houses
Special Use

Types of Industrial properties that we have appraised are including, but not limited to the
following:

Light Industrial
Heavy Industrial
Manufacturing facilities
Office/Wharehouse
Office/Shop

Land and Land Development
We have appraised hundreds of parcels of land from agricultural usage to developmental
land.

The appraisal reports for land are all written reports in summary or complete format. Our
reports provide an in depth analysis of the property, its current and potential usage, its
surrounding area, and other factors affecting its marketability and its current and future
usage.

For land development we typically appraise the property with two valuations.

The value of the land as current
The value the land as subdivided

We have implemented the usage of Geographic Information Systems (GIS) in our
appraisal reports when applicable or requested.

The use of GIS illustrates specifics of the property on a map such as; elevations, soil
types, wetland areas/wetland types, and other property specific attributes.

All mapped attributes are fully explained within the appraisal report. All mapping and data
used for explanation are acquired by the USGS, Minnesota DNR, or other reliable entities.