Business Details
Expert Residential Real Estate Appraisal Services in Minneapolis
Lakeway Appraisal has been a trusted provider of residential real estate valuation services for over 25 years. Our team of certified appraisers combines extensive local market knowledge with rigorous adherence to the Uniform Standards of Professional Appraisal Practice (USPAP) to deliver accurate and comprehensive property valuations. We serve Minneapolis, Saint Paul, and surrounding suburbs, offering specialized expertise in home valuations, appraisal reviews, and real estate consulting. Our professionals utilize advanced research tools and maintain the highest ethical standards to ensure reliable results. We prioritize prompt service delivery while maintaining meticulous attention to detail for every client.Our firm's longevity reflects our commitment to excellence in residential appraisal services. We work closely with clients to address diverse valuation needs, from financing and tax planning to legal proceedings and insurance claims. Our reputation as industry leaders stems from consistent application of technical expertise and personalized service. We provide transparent communication throughout the appraisal process and maintain ongoing education to stay current with evolving real estate market dynamics. Clients benefit from our team's collective experience in handling complex valuation scenarios across various property types.
Services
Home Valuations
Appraisal Reviews
Buy/Sell Consultation
Estate Planning
Tax Appeals
Highlights and features
- Certified appraisers with over 25 years of combined experience
- USPAP-compliant valuation reports ensuring regulatory compliance
- Specialized expertise in Minneapolis-Saint Paul market dynamics
- Prompt service delivery with meticulous attention to detail
- Proven track record serving diverse client needs since 1998
Associations and certifications
- Uniform Standards of Professional Appraisal Practice (USPAP)
Services
Home Valuations
Our certified appraisers conduct thorough residential property valuations using advanced research tools and market analysis. We provide detailed reports that meet USPAP standards for accuracy and reliability. Our valuations help clients with mortgage financing, tax assessments, and real estate transactions in the Minneapolis-Saint Paul area.
Appraisal Reviews
We offer comprehensive appraisal review services to verify existing valuation reports' accuracy and compliance. Our experts analyze methodology, data sources, and market comparisons to ensure regulatory adherence. This service benefits lenders and legal professionals requiring secondary validation of property valuations in Minnesota.
Tax Appeals
Our team prepares expert documentation for property tax appeals using comparative market analysis and recent sales data. We represent clients before local assessment authorities with professionally supported valuation arguments. This service helps property owners achieve fair tax assessments based on current market conditions.
Estate Planning
We provide accurate property valuations for estate planning and probate proceedings. Our USPAP-compliant reports document fair market value for inheritance tax purposes and asset distribution. Clients receive detailed documentation that meets legal requirements for estate administration in Minnesota.
Buy/Sell Consultation
Our consultants offer expert guidance for real estate transactions, helping buyers determine fair prices and sellers set competitive listing values. We analyze market trends and comparable sales to support informed decision-making. This service ensures clients achieve optimal outcomes in Minneapolis-Saint Paul's dynamic housing market.
Questions
What areas do you service for property appraisals?
We provide appraisal services throughout Minneapolis, Saint Paul, and surrounding suburbs in Minnesota.
Are your appraisers certified and licensed?
Yes, our team consists of certified residential appraisers meeting all Minnesota licensing requirements.
What types of appraisal reports do you offer?
We provide full narrative reports, summary reports, and restricted use reports based on client needs.
How long does the appraisal process take?
Most residential appraisals are completed within 3-5 business days after property inspection.
Do you handle commercial property valuations?
Our current focus is exclusively on residential real estate appraisal services.
Can you assist with mortgage refinancing appraisals?
Yes, we perform appraisals for conventional mortgage refinancing and PMI removal purposes.
Reviews (7)
Peter Heinrichs
Sep 14, 2021
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Positive:Professionalism,Quality,Responsiveness,Value
I was pleased by Jamie's responsiveness and the quality of the report, particularly as I had to have my appraisal done at short notice. I recommend Lakeway Appraisal fully!
I was pleased by Jamie's responsiveness and the quality of the report, particularly as I had to have my appraisal done at short notice. I recommend Lakeway Appraisal fully!
Nate Herrington
Apr 25, 2021
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Positive:Professionalism,Quality,Responsiveness
Lakeway Appraisal was incredibly responsive, very professional, and communicated exceptionally well. They far exceed my expectations are the best I have worked with. I would highly recommend!
Lakeway Appraisal was incredibly responsive, very professional, and communicated exceptionally well. They far exceed my expectations are the best I have worked with. I would highly recommend!
Michael Sorrell
Apr 14, 2021
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Positive:Professionalism,Quality,Responsiveness,Value
Jamie was amazing; quick to schedule, prompt, professional and knowledgeable. I had a question outside of the assigned appraisal that he researched and replied to on the same day; this is the kind of "above and beyond" customer service experience that seems in short supply these days. Thank you!
Jamie was amazing; quick to schedule, prompt, professional and knowledgeable. I had a question outside of the assigned appraisal that he researched and replied to on the same day; this is the kind of "above and beyond" customer service experience that seems in short supply these days. Thank you!
Karen Barry
Dec 30, 2018
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I would recommend Jamie Herr to anyone who is looking to find out if they are overpaying on their property taxes. The response was quick, efficient, professional and very helpful.
Sreeram Premkumar
Dec 14, 2018
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Had Jamie come out to my house to do an appraisal recently. He was quick to respond back to my inquiry and his availability allowed him to come out to my home within 2 days of me contacting him and his valuation was fair and close to what i assumed my home was valued so in all i would definitely recommend him for these services.
Mary Wagner
Jul 17, 2018
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I've used many appraisal services is the past and finally have found one that works with integrity. The service was scheduled with Lakeway Appraisal and I found the appraiser to be extremely professional, being thorough as well as friendly and willing to answer my questions with clarity. My report was done when I was told it would be (unlike the companies I have used in the past). With my past experience in Real Estate, I found that they were not only timely on their response but accurate. Obviously they did their research to come up with an accurate appraisal amount. I highly recommend Lakeway
M. Shane Smith
Jul 16, 2018
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Hire them! I found Jamie Herr to be very professional, detailed and responsive. Not only was he accessible but responded quickly to my inquiry, did some preliminary research to verify my home appraisal assumption and provided a detailed appraisal at a fair price. I used this final appraisal to contest the city tax value of our property. By winning the disagreement on the property tax values, I would estimate that we saved about $2,400 over 5 years in excess taxes.
