Elwood & Martin Appraisals
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Elwood & Martin Appraisals
Whether you're purchasing commercial real estate, selling commercial real estate, developing land as an investment, or conducting any other type of real estate transaction in Sioux Falls, a professional property appraisal will streamline the process and establish the fair market value of any property. Following the onsite Elwood & Martin Appraisals, LLC appraisers estimate the market value of the real estate and comply with the regulations set forth by the Uniform Standards of Professional Appraisal Practices (USPAP).

For mortgage lending appraisals, we comply with USPAP and FIRREA. All relevant approaches to value needed will be completed to estimate a well-supported value. The appraisal process includes the research, compilation and analysis of all pertinent data as it relates to your specific requirements. Elwood & Martin Appraisals, LLC provides appraisal Reports and Restricted Use Appraisals.

We will view the interior and exterior of the property as well as taking measurements and photographs of the property.
Services
Scott Elwood, MAI is a designated member of the Appraisal Institute.
Mr. Elwood has been practicing commercial real estate appraisal since March of 2007 and is a certified general appraiser in South Dakota and Minnesota.
The certified general license is the highest level of licensure available at the state level.
Mr. Elwood became a designated member of the Appraisal Institute in April of 2013.
Kyle Martin, MAI is a designated member of the Appraisal Institute.
Mr. Martin became a designated member of the Appraisal Institute in 2016.
Offering accurate and unbiased estimates of the market value for a wide variety of commercial properties in Eastern South Dakota, Northwest Iowa and Southwest Minnesota, Elwood & Martin Appraisals, LLC provides professional and accredited appraisals services.
We work for a range of industries that include any types of proposed or existing retail properties, corporate / office buildings of all sizes; hotels, motels; multifamily, and detailed appraisals for land developers and much more.
A professional commercial appraisal not only determines the market value of the primary property itself, but also factors in rental rates and expenses paid out for maintenance among many other specifics.
Elwood & Martin Appraisals, LLC has proven expertise in the area of land appraisal for various forms of real estate in the Sioux Falls region.
Our vacant land appraisal services include commercial and industrial lots for subdivision development.
A broader analysis that encompasses a wider range of variables must be studied by an appraiser when calculating values for vacant land.
One of the key considerations is determining what the land can be used for, or the feasibility of the specific planned development.
Any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client upon completion of an assignmentThe characteristics of the property including, location, physical features, , legal attributes, and all facets that affect the valuation including, economic factors, property rights and any known defects, restrictions, leases, reservations, covenants, contracts, declarations, special assessments, easement, environmental issues, ordinances, and other items of a similar nature.
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