Instructions

  • Page 1 - This page identifies the parcel, RCSJ, property address, and other pertinent items. It also classifies the property as a whole or partial acquisition. The Federal Project Number, when applicable and the ROW CSJ are required on page 1. The “Purpose of the Appraisal” is stated and “Market Value” is defined. The “Certificate of Appraiser” includes the appraiser's estimate of value as of a given date, and the dates the subject and the comparables were inspected. It is the appraiser's obligation to provide the property owner or their representative the opportunity to accompany the appraiser during the property inspection. The individual who accompanies the appraiser must be identified.
  • A new page 1 of this form must be submitted to ROW PD when a report is revised, supplemented or the date of valuation changes. Data must be provided when the revision affects the final estimate of value.
  • Page 2 - Pertinent Photographs of the Subject & Estimated Value of Acquisition - At the top of this page, one color photograph will be sufficient and should provide support for the appraiser’s conclusion of value.
  • At the bottom of the page, the table shows the value of the part to be acquired, the contributory value of any improvements located within the area to be acquired, and a summary of any cost to cure. The resulting value is the estimated total compensation. If needed, the staff appraiser can attach additional information. The plat map and field notes should also be included in this report.
Form
ROW-A-7 Real Estate Value Finding
provides for adequate analysis of the information considered in making the “Value Finding,” including reference to comparable sales and circumstances. Comparable sales data are available to the staff appraiser through previously approved project appraisals and other public sources of information. Form
ROW-A-5S Comparable Data Supplement
should be attached for each comparable used to achieve the value conclusion. Additionally, form
ROW-A-7 Real Estate Value Finding
 should include at least a minimum description of the site and improvements to be acquired, along with field notes and plat map. If minor improvements are located within the area to be acquired, cost estimate sources should be identified.
Upon completion of the form
ROW-A-7 Real Estate Value Finding
, a staff review appraiser will conduct an administrative review of the
ROW-A-7
, and prepare the
ROW-A-10 Tabulation of Values
in the normal manner. If the staff appraiser preparing the form
ROW-A-7
 is located in a district which does not employ a staff review appraiser, the form
ROW-A-7
can be reviewed by either a ROW PD review appraiser or neighboring district review appraiser.