Business Details
43 Years
experience
Trusted Real Estate Appraisal Services in Stillwater, MN
Penfield Appraisals has been delivering expert real estate valuation services since 1983. Our team of eight licensed Certified General and Residential appraisers, along with three trainees, serve the Metropolitan area and surrounding counties across Minnesota and Wisconsin. We maintain rigorous standards through FHA approval, membership in the National Association of Real Estate Appraisers, and adherence to bonding and insurance requirements. Our focus on precise data collection and defensible valuations ensures clients receive accurate, legally sound reports that withstand scrutiny. With specialized expertise in residential, commercial, and industrial properties, we provide tailored solutions for estate settlements, financing, litigation, and portfolio management.Our commitment to rapid turnaround times and clear communication ensures clients receive timely, actionable insights. Our residential division handles single-family homes, condos, and multi-unit properties, while also offering PMI removal and estate valuation services. We utilize state-of-the-art systems to minimize errors and expedite report delivery within five days of inspection. Client feedback drives our continuous improvement efforts, ensuring we maintain industry-leading service standards. Backed by decades of combined experience, we remain dedicated to delivering exceptional value through transparent, reliable appraisal services.
Services
Residential Appraisals
Commercial Valuations
Estate Settlements
PMI Removal
Litigation Support
Details
- Year established: 1983
Highlights and features
- We have over 40 years of experience in real estate valuation since 1983
- Our team includes eight certified general and residential appraisers
- We guarantee rapid report turnaround within five days of inspection
- Our valuations meet strict FHA and industry certification standards
- We serve 14+ counties across Minnesota and Wisconsin
Associations and certifications
- FHA Approved
Services
Residential Appraisals
Our residential appraisal service covers single-family homes, condominiums, and 2-4 unit properties. We provide precise valuations for mortgage financing, PMI removal, and estate settlements. Our certified appraisers use standardized methodologies to ensure accurate, defensible market values that meet lender requirements.
Commercial Valuations
We specialize in commercial property valuations for retail spaces, industrial facilities, and mixed-use buildings. Our certified professionals analyze market trends, income potential, and comparable sales to deliver accurate assessments for financing, tax appeals, and litigation purposes across Minnesota and Wisconsin markets.
Estate Settlements
Our estate valuation service provides precise property assessments for probate and inheritance purposes. We deliver court-defensible reports that meet IRS requirements while maintaining rapid turnaround times to facilitate timely estate settlements and tax filings.
Litigation Support
We provide expert valuation testimony and detailed appraisal reports for real estate litigation cases. Our certified appraisers prepare defensible analyses of property values, damages, and eminent domain cases that withstand legal scrutiny in both state and federal courts.
PMI Removal
Our PMI removal service delivers accurate current value assessments required to eliminate private mortgage insurance. We produce lender-compliant reports demonstrating equity thresholds have been met through market analysis and comparable sales data.
People
Patricia M. Tierney
Certified General Appraiser
With over 30 years of experience, Patricia Tierney specializes in complex commercial valuations and has completed thousands of appraisal assignments across the Midwest region.
Mark W. McGrath
Certified General Appraiser
Mark McGrath brings extensive expertise in industrial property valuations, focusing on manufacturing facilities and distribution centers throughout Minnesota's commercial corridors.
Linda K. Dotte
Senior Appraiser
Linda Dotte specializes in residential appraisal services, with particular emphasis on condominium valuations and estate settlement appraisals in the Twin Cities metro area.
Jacquelin D. Jackson
Senior Appraiser
Jacquelin Jackson focuses on special purpose properties, including conservation easements and contaminated site valuations requiring specialized environmental assessment expertise.
Chad T. Prigge
Senior Appraiser
Chad Prigge provides valuation services for multi-family housing units and mixed-use developments, combining technical analysis with deep market knowledge of urban growth patterns.
Questions
What types of properties do you appraise?
We appraise residential, commercial, industrial, multi-family, and special-purpose properties including contaminated sites and conservation easements.
How quickly can you complete an appraisal?
We deliver completed reports within five business days of property inspection using our error-minimizing digital systems.
Are your appraisers certified?
Yes, we employ eight licensed Certified General and Residential appraisers with FHA approval and industry association memberships.
Which areas do you service?
We serve 14 Minnesota counties including Hennepin, Ramsey, and Washington, plus four Wisconsin counties bordering the Twin Cities.
What valuation methods do you use?
We employ standardized market analysis, comparable sales evaluation, and cost approach methodologies to determine defensible market values.
How do you ensure report accuracy?
Our state-of-the-art systems reduce errors while our senior appraisers verify all findings through multiple quality control checkpoints.
Reviews (1)
Sam Chryst
Oct 24, 2021
Report
Positive:Professionalism,Quality,Responsiveness,Value
Hiring Penfield was a great experience. They were very professional and good at their work. I would recommend them to any of my friends and will definitely be doing business with them in the future.
Hiring Penfield was a great experience. They were very professional and good at their work. I would recommend them to any of my friends and will definitely be doing business with them in the future.
