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property
appraisals
real estate
sales
farm loans
eminent domain & litigation
Contact us by phone:
(573) 442-5214
(800) 766-2841
or
email
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Agricultural
Properties
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Mid America Land
Services, Inc. has four state certified general real estate
appraisers with over 100 years combined experience in preparing
agriculture appraisals. We appraise grain farms, timber tracts,
pastureland, combination farms, specialized facilities such as
hog and poultry confinement operations, grain elevators and
packing plants. We also have experience in recreational tracts
including hunting clubs. Two appraisers are "Yellow Book"
qualified and can prepare "conservation easement" appraisals for
IRS purposes. We prepare appraisals for clients throughout
Missouri and southern Iowa for the following purposes: loans,
sale, estates, IRS, conservation casements, divorce proceedings,
etc. In
preparation of an agriculture appraisal, the appraiser typically
performs the following tasks:
- Assemble and
analyze all relevant information on the subject property
- Inspect the
subject property - interior and exterior
- Assemble and
analyze pertinent area, neighborhood social and economic
data
- Identify and
analyze comparable property transactions. This data has been
confirmed with the buyer, seller, another appraiser, or
agent handling transaction
- Reconcile the
above research data to form an opinion of market value for
the subject property
The appraisal
report will normally include:
- A description
of the land and building improvement being appraised will
include detailed analysis of subject soil types,
productivity and uses
- A sales
history of the subject property
- A summary of
property trends in the local market including identification
of current and projected competition and a forecast of
effective demand
- Highest and
best use analysis
- Consideration
of the three traditional approaches to value (Direct Sales
Comparison Approach, Income Capitalization Approach, and
Cost Approach), when applicable, including complete analysis
of the comparable sales, soils and income producing
capability
- A discussion
of the appraisal procedures and methodology, reasoning and
judgment employed in arriving at an opinion of value for the
property
- Appropriate
photographs, maps, graphics and addendum/exhibits
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Commercial Appraisal
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Mid America Land
Services, Inc. has four state certified general real estate
appraisers with over 100 years combined experience in preparing
commercial appraisals. We appraise warehouses, strip malls,
motels, restaurants, free-standing buildings, grocery stores,
office buildings, apartment complexes, manufacturing plants,
etc. We also have experience in "special use" properties. We
prepare appraisals for the following purposes: loans, estate,
tax appeals, sale, and others.
In preparation of a commercial appraisal, the appraiser
typically performs the following tasks:
- Assemble and
analyze all relevant information on the subject property
- Inspect the
subject property - interior and exterior
- Assemble and
analyze pertinent area, neighborhood social and economic
data
- Identify and
analyze comparable property transactions. This data has been
confirmed with the buyer, seller, another appraiser, or
agent handling transaction
- Reconcile the
above research data to form an opinion of market value for
the subject property
The appraisal
report will normally include:
-
A description
of the land and building improvements being appraised
-
A sales
history of the subject property
-
A summary of
property trends in the local market, including
identification of current and projected competition and
a forecast of effective demand
-
Highest and
best use analysis
-
Consideration
of the three traditional approaches to value (Direct
Sales Comparison Approach, Income Capitalization
Approach, and Cost Approach), when applicable
-
A discussion
of the appraisal procedures and methodology, reasoning
and judgment employed in arriving at an opinion of value
for the property
-
Appropriate
photographs, maps, graphics and addendum/exhibits
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Eminent
Domain
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Mid America Land Services, Inc. and affiliates, John Martin
Appraisal and Holman Valuation Group, LLC, offer appraisal services for eminent domain proceedings. Combined, three state certified general real estate
appraisers have gained nearly 75 years of experience while preparing and reviewing hundreds of right-of-way cases, both for
and against Missouri Department of Transportation. The types of appraisals prepared/reviewed include dwellings, bareland,
commercial properties and farms. We are experienced with preparing the various types of right-of-way appraisal formats
for partial or total acquisition cases.
In
preparation of an eminent domain appraisal, the appraiser
typically performs the following tasks:
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Assemble and analyze all relevant information on the subject
property
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Inspect the subject property - interior and exterior
-
Assemble and analyze pertinent area, neighborhood social and
economic data
-
Identify and analyze comparable property transactions. This
data has been confirmed with the buyer, seller, another
appraiser, or agent handling transaction
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Reconcile the above research data to form an opinion of
market value for the subject property immediately
before acquisition
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Analyze effects of acquisition
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Reconcile research data to form an opinion of market value
immediately after acquisition
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Outline (allocate) just compensation
The
appraisal report will normally include:
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A
description of the land and building improvements being
appraised will include detailed analysis of the subject
"before" and "after" acquisition
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Consideration of the three traditional approaches to value
(Direct Sales Comparison Approach, Income Capitalization
Approach, and Cost Approach), when applicable, including
complete analysis of the comparable sales, soils and income
producing capability "before" and "after' acquisition
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A
discussion of the appraisal procedures and methodology,
reasoning and judgment employed in arriving at an opinion of
value for the property
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Allocation of just compensation
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Appropriate photographs, maps, graphics and
addendum/exhibits
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Residential Appraisal
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In addition to Agricultural, Commercial and Eminent Domain
related appraisal, residential appraisal services are available
through Tom Holman with the Holman Valuation Group, LLC (an affiliate
of Mid America Land Services). Mr. Holman has 22 years of
experience appraising single family homes and 2-4 family income
producing properties. Tom is FHA approved and as a former
review appraiser, proficient with writing reports that require
strict underwriting guidelines.
Counties covered include: Boone, Randolph, Macon and Adair.
In preparation
of a residential appraisal, the appraiser typically performs the
followings tasks:
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Assemble
and analyze all relevant information on the subject properly
-
Inspect
the subject property interior and exterior
-
Assemble
and analyze pertinent area, neighborhood social, and
economic data
-
Identify
and analyze comparable property transaction. This data has
been confirmed with the buyer, seller, another appraiser, or
agent handling transaction
-
Reconcile
the above research data to form an opinion of market value
for the subject properly
Appraisal reports normally include:
-
A
description of the land and building improvements being
appraised
-
A
sales history of the subject property
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A
summary of property trends in the local market, including
identification of current and projected competition and a
forecast of effective demand
-
A
summary of the highest and best use conclusion
-
Consideration of the three traditional approaches to value
(Direct Sales Comparison Approach, Income Capitalization
Approach, and Cost Approach), when applicable
-
A
discussion of the appraisal procedures and methodology,
reasoning and judgment employed in arriving at an opinion of
value for the property
-
Appropriate photographs, maps, graphics and
addendum/exhibits
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