Types of Assignments
Testimony and Public Presentation
Property Types Appraised
Real Estate: Airport hangers, antenna, apartment buildings, auto dealerships (new / used), bars, billboards, bulk warehouses, campgrounds, campuses (post secondary), car washes, churches, condominiums, convenience stores, day care centers, dental office buildings, dormitories, earth berm homes, easements (avigation, construction, drainage, dredged material placement, driveway, levee, parking, perpetual flood protection, right-of-way, temporary construction, utility, wetlands), engineering buildings, farms (potato, general crops, horse), fast food restaurants, fire stations, flood plain properties, gas stations, garden stores, gravel / sand pits, group homes, hobby farms, horse stables / training facilities, houses, land and lots (agricultural, commercial, crop, display, industrial, lake front, railroad, recreational, residential, rural, sales-lot, speculative), Laundromats, light industrial buildings, log homes, lumber yards, manufacturing buildings, medical office buildings, mini-storage facilities, mobile home parks, motels, nurseries, office buildings, office/showrooms, office/warehouses, outdoor storage, poultry houses, restaurants, retail buildings, right-of-way, rooming houses, schools, Section 42 housing, shopping centers, storage warehouses, storm water retention ponds, subdivisions, supermarkets, townhomes, transit facilities, vehicle service buildings, warehouse stores, waterfront homes, and wetlands.
Personal Property: Furniture Fixtures and Equipment for bars, restaurants, motels, apartments, rooming houses, vehicle shops, trucking company, and circular irrigation pivots for potato farms.
Business Enterprise Value: Motel (including franchise value), bar (including inventory and accounts), rooming houses, trucking company.
Property Rights Appraised
Access rights, easements of many kinds (see Property Types Appraised), fee simple interest, leased fee interest, leasehold interest, life estate, partial interests of various types (ask for details), personal property / business valuation (ask for details), and water rights.
Arbitration, absorption analysis, appraisal review, buying, condemnation, consulting, easement acquisition, economic and environmental planning, employee relocations, estate planning, estate tax valuation, expert witness testimony, federal government planning (for eco-system restoration, recreational use, flood protection, dredged material placement, and flood diversion channel routing), financial accounting reporting, financing, gift valuation, highest and best use analysis, income tax reporting, investment analysis, litigation, marital division, market analysis, mediation, partnership division, property tax assessment appeals, prospective valuation, retrospective valuation, right-of-way acquisition, selling, special assessment / special benefit analysis, and subdivision analysis.
Clients & Users
Accountants, Attorneys, Banks (community, regional and national), Buyers (both investors and owner occupants), Engineering Firms, Estates, Governmental Units (federal, state, county, city, township, school district, watershed), Litigants, Mortgage Companies, Property Owners (for condemnation, estate planning, financial accounting reporting, and special assessment), Sellers.
Fundamental Market Analyses Completed
Bulk warehouse, campgrounds, car wash, developable land, cropland including potato farms, Laundromat, manufacturing facility, medical office, mini-storage facility, motel, office building, office showroom, office warehouse, retail building, retail center, special assessments/benefits, subdivisions – commercial / industrial / residential.
Appraisal Employment, Education & Career Development
Casserly Appraisals 1991 to Present – Principal;
United States Army Corps of Engineers, 2009 to 2012 – Staff Appraiser, St. Paul District;
Integra Realty Resources, 2001 to 2002 – Senior Analyst
University of Minnesota:
Carlson School of Management, Master of Business Administration, Marketing – 1984;
College of Liberal Arts, Bachelor of Arts, Geography – 1975
Appraisal Institute: Region III Alternate, 2014 to present; Grader – General Demonstration Reports (2010 to 2011, 2017); Attendee – Instructor Qualifying Conference (2016); Attendee – Appraisal Institute Annual Conference (2016); Course – Supervisory Appraiser/Trainee Appraiser Course, 2015; Seminar – Marketability Studies: Advanced Consideration and Applications, 2013; Seminar – 15th Annual Real Estate Trend Seminar: 2013; Course – Business Practices and Ethics: 2012; Course – National USPAP Update: 2012, 2010, 2008, 2006, 2004, 2002, etc.; Seminar – Uniform Appraisal Standards for Federal Land Acquisitions (for Navy and Army appraisers), 2011; Seminar – Grading General Demonstration Reports, 2010; Course - Appraisal Curriculum Overview – for general appraisers, 2009; Participant of the Leadership Development & Advisory Council of the Appraisal Institute: 2008 and 2007; General Demonstration Report – Completed, 2007. Pre-2007: Seminar – Uniform Appraisal Standards for Federal Land Acquisitions (the “Yellow Book” seminar); Appraisal Review – Completed 3,000 Hour Final Level National Experience Review; Seminar – General Demonstration Report Writing; Course – The Appraiser as an Expert Witness: Preparation and Testimony; Course – Condemnation Appraising: Basic Principles and Applications; General Comprehensive Examination - passed; Seminar-Regression Analysis; Seminar-Legal Issues in Valuation; Seminar-Comprehensive Appraisal Workshop; Class 430, Standards of Professional Practice, Part C; Class 540 Report Writing and Valuation Analysis; Class 520, Highest and Best Use and Market Analysis; Class 550, Advanced Applications; Class 530, Advanced Sales Comparison and Cost Approaches; Seminar-Eminent Domain & Condemnation Appraising.; Class 510, Advanced Income Capitalization; Class 420, Standards of Professional Practice, Part B; Seminar-Easement Valuations; Seminar-Appraising Special Use Properties; Class 410, Standards of Professional Practice, Part A. Also: Numerous short programs from 1994 to present.
Pro-Source Educational Services (now Kaplan): Pre-licensing education
International Right of Way Association: Course 501, Residential Relocation Assistance, 2010; and Course 502, Business Relocation, 2010.
Miscellaneous: Seminar - Data Management & Narrative Reporting, 5.5 hrs, 2016; Seminar - Appraiser Technology Tools, Resources, MN eCRV, 3.5 hrs; Seminar – 2014 Commercial Real Estate Valuation & Appraisal Forecast Summit, 2014, 4 hrs; Course – National Uspap (and Minnesota Appraisal Law) Update, 2014/6, 8 hrs each; Seminar – Septic System Introduction and Advanced Topics, 2013, 4 hours; Conservation Easement Appraisal, 2009, 8 hours; Minnesota GreenStar Training: 2008, 8 hours; State of Minnesota Assessing Education: 1993, 54 hours; Real estate sales training and education: 1985 – 1991, 450± hrs.
Minnesota, North Dakota, Wisconsin, Iowa, Missouri, and Louisiana; plus consulting work in Kentucky and Illinois
Testimony and Public Presentations
Testified as an expert witness in: district court; commissioner condemnation hearings; arbitration; and mediation. Gave public presentations to city councils.
Business and Community Service
Real estate sales, management, construction and development including:
Home renovation – in 2008/9, a 1973 rambler on 18 acres; and in 1980, an 1890, 2.5 story, urban, balloon frame, Victorian;
Transacted – in 1980s, over $6,000,000 of real estate sales and leasing of residential, commercial and industrial properties;
Owned or managed – 4 rental homes;
Developed – two residential subdivisions, a 32,000 sf industrial building, and a 25 unit leasehold cooperative; and
Designed and built fireplaces.
Instruction: Taught business management courses, including macroeconomics, microeconomics, investments, and personal financial planning.
Casserly Appraisals – Principal, 1991 to present;
Hearth & Home Co. – Managed fireplace construction business; owner’s administrative assistant for factory representation, building projects, etc.; and sales, 1976–1983.
City of Corcoran Planning Commission – Member (2007 to 2010);
Corcoran Jaycees – Chapter President (1986/7). Oversaw increase of annual revenues from $2,500 to $2,200,000. Member (1986 to 1994);
Farview Neighborhood Development Corporation – organizer and first Chair (1983-6);
Child Care Inc., a non-profit child care corporation – Director (1981-2);
Minneapolis Public Schools, Community Resource Volunteers Program – Committee Member (1978-80);
De La Salle High School Long Range Planning Committee – Member (1978-9);
Minneapolis City Council – 3rd Ward Council Member’s Aide (1975).
Licenses & Memberships
Certified General Real Property Appraiser in the State of Minnesota, License #4002724, expires August 31, 2018
Designated Member (MAI) of the Appraisal Institute
Shareholder & Subscriber - Appraisal Data Network, Inc. (i.e., RediComps)
Participant in Xceligent – the commercial property database of MNCAR (Minnesota Commercial Association of Realtors)
Member of the Rotary Club of Rogers
Member of the Daybreakers Toastmasters Club of Rogers
Cedar Lake Park Association (Minneapolis)
Copyright 2016. Kevin Casserly. All rights reserved.