Minnesota Real Estate Appraisal Services Says the Pandemic and Related Low Interest Rates Affect Real Estate

Minnesota Real Estate Appraisal Services, an award-winning real estate appraisal company based in Roseville, MN, is advising real property owners that the pandemic and the related low interest rates affect real estate values in what may be considered to be a significant economic adjustment period. The company has more than 40 years of commercial, industrial, land, legal and multi-family residential appraisal expertise for any real estate project. They are based in the Minneapolis St Paul area and operate virtually statewide and can offer authoritative real property appraisals for all kinds of properties, including residential, commercial and industrial, and land and development properties.

Clark Goset, who heads Minnesota Real Estate Appraisal Services, says, “We operate virtually statewide and provide authoritative real property appraisals for all types of properties Including commercial & industrial, residential, and land & development properties. Additionally, we offer a variety of legal appraisal services. Especially during this time of the pandemic where the low interest rates affect real property values, you will need our services to gain key insights in the market and the emerging changes.”

He adds, “When you employ our services, you can count on receiving accurate and legally defensible real property values. We ensure that our work will stand up in court as well as in the market place. That way we spend less time in court - especially when complicated and adversarial interests come into the equation. We handle less complicated and contentious work as well, and at reasonable fees. Call us now for a free initial consultation.”

It should be noted that recently, Minnesota Real Estate Appraisal Services had been nominated for the award of Twin Cities Best Appraiser. They offer various services, including legal appraisal services; commercial and industrial property appraisals; land and development property appraisals; and residential appraisal services.

Their legal appraisal services are essential for those who want to win court decisions or settlements. They can offer expert testimony services for various situations, including: marital dissolution divorce, partnership, taxation issues, etc.; stigmatized property; condemnation and eminent domain cases; estate settlement; easement disputes; title flaws; construction defect, or physical obsolescence; bankruptcy, lean striping, etc.; loan underwriting litigation support; insurance disputes; eminent domain takings; municipal assessment relocations; foreclosures; estates & probate; and retrospective appraisals.

They also offer commercial & industrial appraisal services. Their range of work for this particular category include: office buildings, corporate & industrial, heavy & light industrial, manufacturing facilities, office/warehouse, office/shop, parks, public & private projects, shopping malls, hotels/motels, destination resorts, auto service stations, auto dealerships, restaurants, golf courses, marinas, developable land, partial entitlements, multi-family projects, retirement & nursing homes, agricultural lands, and government buildings.

Minnesota Real Estate Appraisal Services also offers land and development property appraisals. The appraisal reports that they provide for land are all written reports that are in complete format or summary format. These reports include an in-depth analysis of the property, its surrounding area, its present and potential usage, and other factors that affect the property’s marketability and its present and future usage. They make use of the Geographic Information Systems (GIS) in their appraisal reports whenever it is requested or applicable. The use of GIS will show certain specifics of the property on a map, such as soil types, elevation, wetland areas, wetland types, and other attributes.

And, of course, they also offer residential and multi-family property appraisals. Various appraisal reports and formats are available for residential properties. These can be written appraisal reports that are either a complete and self-contained report or a summary report. They also offer various forms, such as the Uniform Residential Appraisal Report, Employee Relocation Form, Individual Condominium Unit Appraisal, and Residential Income Multiple Family Report.

The company is licensed and certified in real estate valuation, real estate appraisal, and provides expert witnesses for local, state and federal court testimony. They are committed to making the real estate appraisal process professional, timely, and accurate. People who are in need of the services of a real estate appraiser may want to check out the website of Minnesota Real Estate Appraisal Services or contact them on the phone or through email.