Welcome

About Us

Appraisals

Funeral Home Appraisals

Dairy Appraisals

Auctions

Real Estate

Rentals

Land Sale Results

Contact Us

What's New

Home

Links

 

Updated: 12-17- 2008

 

QUALIFICATIONS OF APPRAISER

RICHARD VANDER WERFF, MSA , CAI

 

CERTIFIED GENERAL REAL PROPERTY APPRAISER

CERTIFIED TO PRACTICE IN IOWA , MINNESOTA , NEBRASKA , &

SOUTH DAKOTA

 

EMPLOYMENT STATUS & MEMBERSHIPS:

 President, Vander Werff and Associates, Inc., 215 Main, Sanborn, Iowa Company established in 1972, handles appraisals, auctions, and real estate sales in Iowa, Minnesota, South Dakota, Nebraska, and other states by Reciprocity.

Vander Werff and Associates completed over 1,000 appraisals in 2006 (7 appraisers).  Appraisals include commercial, agricultural, chattel, residential, and business.

Certified General Real Property Appraiser - received designation December 1991. (Certified to practice in Iowa , Minnesota , South Dakota , and Nebraska .)

Member of National Association of Master Appraisers - has received Master Senior Appraiser ( MSA ) designation, Iowa NAMA Past President; Iowa Chapter NAMA Newsletter Editor

Past President of National Association of Master Appraisers (NAMA)

National Chairman - Farm and Land Committee - NAMA 1998-2004

Chair Person Ethics Committee, National Association of Master Appraisers, 2000-2005

Member National Association of Independent Fee Appraisers

Associate Member of American Society of Farm Managers and Rural Appraisers

Member of Realtors Land Institute (formerly Farm and Land Institute)

Member of National and Iowa Association of Realtors

Member of National and Iowa Auctioneer's Association

Certified Auctioneer's Institute (CAI) designation

Recipient Marvin T. Deane Award of Excellence 1999

Iowa Appraisal Advisory Council – Finance Committee

 

APPRAISAL EDUCATION

 In accordance with FIRREA regulations of 1989 concerning appraisal certification, has successfully completed 165 hours of extended appraisal education, demonstrated a minimum of 2,000 hours of appraisal experience, and successfully completed the state General Real Property Appraisal Examination for the Iowa Certified General Real Property Appraiser License

Successfully completed the following courses to receive Master Senior Appraiser ( MSA ) designation from National Association of Master Appraisers:  Principles of Appraisal, Practice of Appraisal, Narrative Appraisal Report (Residential), Farm & Land Appraisal, Commercial Appraisal, and Advanced Commercial Appraisal (Sample appraisals submitted to receive designation)

Attended and successfully completed:  Introduction to Real Property Valuation, Courses I and II sponsored by the American Society of Appraisers

Attended and successfully completed:  Introduction to Real Property Valuation, Courses I and II by Dr. Robert Suter

Attended and successfully completed 15 hour USPAP course with annual updates ( Lincoln Graduate Center )

Attended and successfully completed numerous 1 day and 2 day appraisal seminars including Review, Environment, Livestock Units, Commercial, and other

Attended and successfully completed:  Iowa State University Annual Farm Management and Rural Appraisal Seminars

Attended and successfully completed:  All appraisal courses held in conjunction with Courses I, II, and III of the Certified Auctioneers Institute, Indiana University , Bloomington , Indiana

Attended numerous one day appraisal seminars sponsored by the Iowa Association of Realtors, National Association of Master Appraisers, American Society of Farm Managers and Rural Appraiser, and others

Attended and successfully completed:  Business Valuation, Course I, Richard Reese, Instructor  Course taken through Des Moines Area Community College in conjunction with Lincoln Graduate Center

Attended and successfully completed the course “Principles of Condemnation Appraisal”, Des Moines Area Community College .

Attended and successfully completed the USPAP Update courses in 2001, 2002, 2003, 2004, 2005

Attended and successfully completed update on commercial appraising – 2004, 2005

Instructed farm and agriculture appraising class – 2004, 2005

Attended the 8 hour UNIFORM APPRAISAL STANDARDS FOR FEDERAL LAND ACQUISITIONS (Yellow Book) Seminar held on the campus of Iowa State University at Ames , Iowa , September 11, 2006 .  Instructor: Scott Seely.

Attended and successfully completed the course “Scope of Work and Appraiser Due Diligence Course), June 2007

 

REPRESENTATIVE SAMPLING OF PAST EXPERIENCES:

 Commercial Appraisals - The Ranch Amusement Park, Okoboji, Iowa; Rosenboom Manufacturing, 250,000 SF manufacturing facility; Southtown Foods, 22,694 SF grocery (retail) commercial; NOBL Labs Veterinary Medicine Building, 34,000 SF commercial; Budget Inn, 48 unit motel; Econo Lodge, 40 unit motel; Super 8 Motels in Worthington, Minnesota, Spirit Lake, Iowa, Spencer, Iowa, Sheldon, Iowa; St. James, Minnesota, New Ulm, Minnesota, and Clear Lake, Iowa; Tri-State Livestock, Ltd., Livestock sales auction facility; Kalona Sale Barn, Livestock sales auction facility; Watertown, SD Livestock Auction Facility;

Hilltop Care Center, 137 bed nursing facility; Sanborn, Iowa - Prairie View Leasing Corporation - appraisal was for 73 bed nursing home, 18 unit independent living facility and 16 unit, “as proposed” Alzheimer’s unit including all chattel property; Sheldon, Iowa - Village Northwest - appraisal of complete handicap care facility with dorms and support facilities; Baum Harmon Hospital, Kids Kampus Daycare Center, and Ohme Medical Clinic, Primghar, Iowa, real estate and equipment;

 

Sioux Golf & Country Club, 9-hole golf course; Elk Point, SD (9 hole golf course with full restaurant); Okoboji Boats 100,000 SF sales/service/storage facility, Boji Bay, Inc., 5,000-6,000 person total capacity water park; Biovance, 61,152 ton annual output, value added processing plant – Oskaloosa, Iowa; Parks Marina, Okoboji, Iowa;

Doon Elevator, 48 ton feed mill, 381,000 bushel grain elevator; 3 Co-op grain elevator facilities in Chariton, Melrose, and Humeston, Iowa - included complete feed mill, agronomy and grain elevator facilities, and all rolling stock; Emmetsburg, Iowa - Kerber Milling Co. - large commercial feed mill operation; Joe’s Feed Service - commercial feed mill; CEA Elevator/Feed Mill, Hartley, Iowa;

Joyce's Foods, 20,084 SF grocery retail commercial; Linn Grove Chicken Hatchery, 130,848 SF; Hardees restaurant, real estate and equipment - Sheldon, Humboldt, Iowa; Estherville, Iowa; Worthington, Minnesota; KFC, Spencer, Iowa; KFC/Long John Silvers, Spirit Lake, Iowa; Taco Johns fast food restaurant, Storm Lake, Sheldon, Orange  City, Iowa; Burger King fast food restaurant, Storm Lake, Iowa; Den Hartog Industries, 25 building light manufacturing facility (over 200,000 SF); Fullerton Lumber Yards in 15 locations in Iowa, South Dakota, Minnesota, Nebraska, and Wisconsin; Western Christian High School, 107,482 SF; retail appraisal of Pamida facility, 38,600 SF – Spirit Lake, Iowa; Sioux Center, Iowa - office facility for EDA, 5,000 SF; LeMars, Iowa - greenhouse facility with floral sales; Ferguson Landscape/Floral, Spirit Lake, Iowa;

 

Funeral Homes – Rich Vander Werff has been appraising funeral homes for approximately the last ten years.  Rich has extensive experience in the appraisal of funeral homes.  Funeral home appraisals have been completed by him in Iowa , South Dakota , Nebraska , Minnesota , Kansas , and Wyoming .  The funeral home appraisals have been completed for lenders for a variety of reasons including lenders utilizing them for loan collateral evaluation purposes, some in conjunction with Small Business Administration financing and/or other guaranteed loans.  Some appraisals have been completed for estate purposes in the case of an owner’s death.  Some have been completed for the dissolving of partnerships, establishing values for the transfer of stocks, establishing sale price, establishing purchase price, insurance purposes, stock ownership transfer for family members, as well as other reasons.  The funeral home appraisals have included real estate only, “going concerns” including real estate, furnishings, vehicles, casket, urn and/or other inventory, as well as intangibles.  Several of the funeral home appraisals were completed for the business – that is, the intangibles only, as well as various combinations of the above stated.

 

Convenience stores located in Hartley, Storm Lake, Alta, Spencer, Spirit Lake, Sioux City, and other locations in Iowa, South Dakota, and Minnesota;

Bowling alleys, mini storage, assisted living, car washes, churches, 100,000 SF trucking terminal; West Liberty Meat Processing Facility, Sigourney and West Liberty, Iowa; Tru Serv 520,000 SF warehouse in Brookings, South Dakota; Dynamic Engineering manufacturing building in Watertown, South Dakota; ethanol plants-Sioux and Ida Counties; All States Quality Foods, L.P., Charles City, Iowa; Iowa Turkey Processors, Postville, Iowa; Perkins Restaurant, Norfolk, Nebraska, Union Prairie Arena, Allamakee County; Iowa; Echo Valley Speedway, West Union, Iowa, Manning Heritage Foundation/Hausbarn, Manning, Iowa; concrete ready mix plants including Russells Ready Mix, 13 locations; Joe’s Ready Mix, 8 locations; Wright Medical Foundation, Clarion, Iowa; Mauer Manufacturing, Spencer, Iowa; Jack Links Beef Jerky, 275,000 square feet distribution center, Laurens, Iowa; Bio Diesel Plant located in Clinton, Iowa.

 

Agricultural Appraisals - Largest single appraisal assignment – 11,000 acres with 3,000,000 bushel grain storage in Monona and Woodbury Counties, Iowa; 7,320 acres, including 52 tracts ranging in size from 5 acres to 320 acres in 7 counties in northwest Iowa and southwest Minnesota; FSA certified appraiser.  Have regularly completed appraisals for FSA (FmHA) from 1987 through present.  Well over 250 appraisals completed in over 24 counties in Iowa .  Have also completed FSA appraisals in South Dakota , Minnesota and Nebraska .  EWRP and WRP appraisals; Farm Credit Services-appraised approximately 3,000 acres in 1987 and 1988 in Sioux, Lyon, Osceola, Clay, Dickinson, Cherokee, Emmet, Palo Alto, and Pocahontas Counties; extensive experience in condemnation and right of way appraisals including US Highway 60 project from LeMars, Iowa to Minnesota border; have completed over 100 condemnation appraisals for O’Brien and Osceola Counties for various projects; have completed appraisals for numerous communities including right of way, condemnation and others; Iowa Department of Natural Resources farm real estate appraisals; O'Brien County Sportsman's Club farm real estate appraisals.

 

Specialized Commercial Agricultural Appraisals – Poultry facilities including layer, breeder, grower and broiler.  Largest poultry facility:  1,000,000 birds; Hog facilities including farrowing/nursery/finisher/gestation facilities up to 5,000 sow units; Cattle facilities:  cattle feedlot appraisals including confinement and open lots, up to 20,000 head;  Dairy facilities up to 5,000 cows.

 

Business Appraisals – Have completed 25± business appraisals in 2006.  Businesses include:  auto dealership, retail, warehouse, insurance agencies, funeral homes, car washes, restaurants, bars, chiropractic clinics, fast food restaurants, auto body shops, propane sales/service business, garbage hauling business, furniture business, commercial laundry, manufacturing business, and others.

 

Residential Appraisals - Numerous residential appraisals in 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, and 1997.  Completed 50 residential appraisals for Northwest Iowa Planning and Development Commission in 1994; numerous residential review appraisals completed from 1998 to present.

 

WRP Appraisals in the following counties; Lyon, O'Brien, Osceola, Plymouth , Emmet, Kossuth, Palo Alto , Woodbury, Monona, and Pocahontas.

 

Residential-Agricultural-Commercial Insurance Appraisals in Iowa and South Dakota .

 

Churches – church appraisals completed in Sheldon, Sioux Center , Merrill, Alta, Indianola, Orange City , Iowa and other locations.

 

Chattel Appraisals - Retail, Office, Restaurant, Industrial, Commercial, Farm Equipment , Household Good, and Antiques, propane business, ready mix plants.  Includes the following:

Family Drug - 12 locations including retail areas, corporate headquarters (Appraisal included fixtures, shelving, retail equipment, office equipment, and computers)

Kelley's Restaurant - restaurant equipment, fixtures, and dining accessories,

Numerous Pizza Ranches - restaurant equipment, which includes kitchen equipment, fixtures, and dining accessories

Hardee's - all restaurant equipment

Poulsen Equipment - industrial equipment

FSA - Farm equipment

Taylor Contracting Co. - complete appraisal of commercial contracting equipment, shop, and office equipment

Prairie View Leasing Corp. - complete appraisal of all furnishings, equipment, and chattel for 73 bed nursing home with independent living center

Southeast Co-op Elevator - complete appraisal of all rolling stock, including trucks, fertilizer equipment, feed mill equipment, grain handling and office equipment, and full bulk fuel facility including petroleum and propane - 2 branches

Chariton Co-op Elevator - complete appraisal of rolling stock, including trucks, fertilizer equipment, feed mill equipment, office equipment - 3 branches

Jubilee Foods of Hawarden , Iowa , grocery store equipment and furnishings

Sioux Tank Line – semi tractors/petroleum transport trailers

Dicks mix – ready mix plant, equipment, and rolling stock, New Hampton, Iowa

Blue Flame Propane – all tanks and rolling stock

Kohlman Conveyors - heavy manufacturing equipment

A&M Laundry - commercial laundry equipment

 

REPRESENTATIVE SAMPLING OF APPRAISALS COMPLETED FOR INDIVIDUALS,

CORPORATIONS, LENDERS AND ATTORNEYS:

 Ackley State Bank, Ackley , IA – Commercial appraisals

AgStar Financial Services, Johnston , Iowa - Commercial appraisals

ATM Corporation of America , Coraopolis , PA - numerous residential appraisals

American Interstate Bank, Paullina , IA - numerous residential, agricultural, hog unit, and commercial appraisals

American State Bank, Granville , IA - numerous residential, agricultural, and commercial appraisals

American State Bank, Hospers , IA - numerous residential, agricultural and commercial appraisals

American State Bank, LeMars , IA - numerous residential, agricultural and commercial appraisals

American State Bank, Sioux Center , IA - numerous residential, agricultural, hog unit, poultry units, and commercial appraisals

American State Bank, Remsen , IA - numerous residential, agricultural and commercial appraisals

Ashton State Bank, Ashton , IA - numerous residential, agricultural, hog unit, poultry unit, and commercial appraisals

Bank of America Kansas City , MO and Dallas , TX – farm real estate and commercial appraisals

Bank of The West – Walnut Creek ; CA - commercial appraisals

Bank Midwest, Okoboji , IA – numerous commercial appraisals

Bank Plus, Estherville , IA – numerous commercial appraisals

Bruce Green, Schultz & Green Law Firm, Primghar , IA real estate and chattel appraisals

Central Bank, Spirit Lake , Sioux City , Storm Lake and Cherokee,, IA – numerous commercial appraisals

Central State Bank, Muscantine , IA – commercial appraisals

Central Trust and Savings, Cherokee, IA - numerous farm real estate and commercial appraisals

Cherokee Credit Union, Cherokee, IA - farm real estate appraisals and commercial appraisals

Cherokee State Bank, Cherokee, IA - farm real estate appraisals and commercial appraisals

Citizens 1st National, Storm Lake , IA - numerous residential, agricultural, hog unit, and commercial appraisals

Citizens State Bank, Marathon , IA - farm real estate, hog unit, and commercial appraisals

Citizens State Bank, Sheldon , IA - commercial, agricultural, and residential appraisals

Citizens State Bank, Waukon , IA – commercial appraisals

City of Sioux Center - expert witness

City State Bank, Grimes, IA – commercial appraisals

Clear Lake Bank & Trust, Clear Lake , IA – numerous commercial appraisals

Community First National Bank, Vermillion, SD – Commercial appraisals

Community State Bank, Spencer , IA - farm real estate appraisals and commercial appraisals

Commercial Trust and Savings Bank, Storm Lake, IA - farm real estate, hog unit, and commercial appraisals

Dan DeKoter, DeKoter & Thole & Dawson Law Firm, Sibley , IA - agricultural and commercial appraisals

Davenport , Evans, Hurwitz & Smith, LLP, Sioux Falls , SD – commercial appraisals

Dennis Cmelik, Cmelik Law Office, Hartley , IA - real estate and chattel appraisals

Emmet County State Bank - farm real estate appraisals, and commercial appraisals

FSA (formerly FmHA) - numerous farm and residential appraisals

Farmers Savings Bank, Milford , IA – commercial appraisals

Farmers Trust and Savings, Spencer , IA - farm real estate and commercial appraisals

Farmers Trust and Savings Bank, Spirit Lake , IA –commercial appraisals

First American Bank, Clive , IA – commercial appraisals

First American Bank, Sioux City , IA – commercial appraisals

Firstar Bank Iowa , Cedar Rapids , IA - farm real estate appraisals and commercial appraisals

First Bank and Trust, Rock Rapids, IA - residential and agricultural appraisals

First Bank Financial Centre, Oconomowoc , WI – commercial appraisals

First Bank Iowa , Minneapolis , MN - farm real estate appraisals

First Bank Iowa , Rock Valley , IA - numerous residential, commercial, agricultural, dairy, and chattel property appraisals

First Federal Savings Bank, Cherokee, Orange City , Sheldon and Sioux City , IA - numerous residential, commercial, and agricultural appraisals

First National Bank of LeMars , IA - farm real estate and commercial appraisals

First National Bank, Primghar , IA - farm real estate, hog unit, commercial, residential, and chattel appraisals

First National Bank, Omaha , NE – commercial appraisal reviews

First National Bank, Rembrandt , IA - numerous residential, commercial, and agricultural appraisals

First National Bank, Sioux Center , IA - numerous residential, commercial, and agricultural appraisals

First State Bank, Hawarden , IA - farm real estate appraisals and commercial appraisals

First State Bank, Worthington , MN – Commercial appraisals

First Trust and Savings, Aurelia , IA - numerous residential, agricultural, hog unit, and commercial appraisals

Home State Bank, Royal, IA - farm real estate appraisals and commercial appraisals

Ida County State Bank, Ida Grove, IA - farm real estate appraisals and commercial appraisals

Iowa State Bank - Hull , Sheldon, Orange City , Alton and Ireton , IA - numerous agricultural, hog unit, poultry unit, residential, and commercial appraisals

Iowa Trust and Savings Bank, Emmetsburg , IA - numerous agricultural, farm machinery feed mill, and commercial appraisals

Heritage Bank, NA, Aurelia , IA - farm real estate appraisals

Home Federal Savings Bank, Aberdeen , SD - farm real estate appraisals, commercial appraisals, and hog unit appraisals

Jeff Queck, Attorney, Sanborn , IA - numerous agricultural and commercial appraisals

Larry Postma, Attorney, Sheldon , IA - real estate and chattel appraisals

Laurens State Bank, Laurens , IA - farm real estate appraisals and commercial appraisals

Lender's Service, Inc., Coraopolis , PA - numerous residential appraisals

Liberty Bank, Garner, Iowa – commercial appraisals

Liberty National Bank, Sioux City , IA – commercial appraisals

Marquette Bank of South Dakota , Sioux Falls , SD - numerous agricultural appraisals

Melvin Savings Bank, Melvin , IA - residential, farm real estate, and commercial appraisals

Minnwest Bank, Luverne , MN – farm real estate appraisals

NorthStar Bank, Estherville , IA - farm real estate appraisals and commercial appraisals

Northwest Federal Savings, Spencer , IA - farm real estate appraisals and commercial appraisals

Northwestern State Bank, Orange City , IA - commercial, agricultural, hog unit, and residential appraisals

Oostra, Bierma, and Schouten Law Firm - commercial, agricultural, and residential real estate appraisals

People’s Bank, Elkader , IA – commercial appraisals

People's Bank and Trust, Rock Valley and Sioux Center , IA - numerous residential, agricultural, and commercial appraisals

Pioneer Bank, Sioux City , IA - farm real estate appraisals and commercial appraisals

Pocahontas State Bank, Pocahontas , IA - farm real estate appraisals and commercial appraisals

Premier Bank, Rock Valley , IA - numerous farm real estate, hog unit, cattle unit, and commercial appraisals

Primebank, Le Mars and Sioux Center , IA – numerous commercial appraisals

Roger Bindner, Attorney, Klay, Veldhuizen, Bindner, De Jong, and Pals Law Firm, Orange City , IA - numerous agricultural, commercial, and residential appraisals

Roger Evans, Attorney, Sioux Center - commercial, agricultural, and equipment appraisals

Sanborn Savings Bank, Sanborn , IA - commercial, agricultural, hog unit, residential, and chattel appraisals

Savings Bank, Primghar and Hartley IA - numerous residential, agricultural, hog unit, farm equipment, and commercial appraisals

Security First Bank of North Dakota , New Salem, North Dakota - Commercial hog unit facility

Security National Bank, Sioux City , IA - farm real estate appraisals and commercial appraisals

Security State Bank, Sheldon , IA - commercial, agricultural, hog unit, and residential appraisals

Siouxland National Bank, South Sioux City , NE – commercial real estate appraisals

Swea City State Bank, Graettinger , IA - farm real estate appraisals and commercial appraisals

Tom Whorley, Attorney, Attorney Wolff, Whorley, DeHoogh & Schreurs Law Firm, Sheldon , IA - numerous agricultural, commercial, and residential appraisals

U.S. Bank National Association, Rochester , MN , and Omaha , NE - farm real estate and commercial appraisals

United Community Bank, Hartley, Ocheyedan, Milford , and Okoboji , IA - farm real estate, hog unit, commercial, and residential appraisals

Valley Bank & Trust, Cherokee, IA - farm real estate appraisals and commercial appraisals

Valley Bank NA, Elk Point , SD - commercial appraisals

Western Bank and Trust, Moville , IA - farm real estate appraisals, commercial appraisals, and hog unit appraisals

Wells Fargo Bank - - numerous locations – farm real estate and commercial appraisals

William Klinker and Ron Shea, Attorneys, Smith, Grigg, Shea, Klinker, Law Firm, Primghar, IA – agricultural, residential and commercial appraisals

 

 

 

The above clientele has utilized my appraisals for loan collateral evaluation purposes including the Small Business Administration Guaranteed Loans, Rural Economic Development (RECD) Guaranteed Loans, and various government grants.  The appraisals have also been utilized by attorneys in dissolution proceedings, partnership buy-outs, establishing sale prices, establishing purchase prices, insurance purposes, buy/sell agreements, stock transfer agreements, and other.  Court appearances have been made on behalf of certain clientele listed.

Updated July 2007

 

 

-Welcome - About Us - Appraisals - Funeral Home Appraisals - Auctions - Real Estate - Rentals - Land Sale Results - Web Awards - Terms of Use - Contact Us - Home - Links

(c) 2004 - All Rights Reserved - Vander Werff and Associates, Inc.