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<br />, <br /> <br />..-ytf <br /> <br /> <br />PETTIFER & ASSOCIATES INC. COMMERCIAL FEE SCHEDULE <br />FOR THE CITY OF SANTA ANA <br /> <br />Phone Number: 714.836.9961 <br />Fax Number: 714.836.9964 <br />E-mail ScottPettifer.MAI.SRAatscott@appraisalsocal.com <br /> <br />When quoting appraisal fees and turnaround time for comparison purposes it's critical that the <br />client understands the different types of appraisal reports that can be offt.ed by appraisers. We <br />try to match the appropriate report type based on the complexity of the property and purpose and <br />use of the appraisal so that we can quote the lowest possible fee. Large variations In fee quotes <br />often result from differing assumptions among appraisers and some reports may be more (or <br />less) than what you require for a specific property type. Most appraisals for small business and <br />SBA lending or reports for non-complex properties purposes can be completed in a condensed <br />narrative format as a Complete or Limited Summary Report. In order to comply with all USPAP <br />and FIRREA requirements it's recommended that more complex properties, larger multi-tenant, <br />and Special Purpose properties be developed as Complete Appraisals with all appropriate <br />approaches and methods considered. The fees stated below are ranges and can vary depending <br />upon the specific property. We also offer a Limited/Summary Appraisal for non-complex <br />properties (typically includes only the market approach) for approximately $1,500. The most <br />reliable and economical Format for most non-complex properties is a Limited Summary Appraisal <br />that can be completed for approximately $2,500. Please call for a quote so we can provide the <br />most cost effective and accurate report format. Scott PeWfer, MAl, SRA <br /> <br />REPORT TYPES AND APPROXIMATE COST <br /> <br />Property Type Limited Summary Limited Summary Complete Summary <br /> (Market Approach) I (Market & Income) <br />Industrial: Value under $1 million Value $1-$2.5 million Value over $2.5 million <br />*Owner Occupied or $1,500 $2,500 $3,000 Plus <br />1-3Tenants <br />*Mufti-Tenant or Under $1 million, 3-10 Ten. $1-2.5 million, 2-10 Ten. $2.5 million+, over 10 Ten <br />Industrial Park Not Aoorooriate $2,500 $3,000 Plus <br />Office/Retail <br />*Owner-Occupied or Value under $1 million Value $1-2.5 million Value over $2.5 million <br />1-3 Tenants/Store or $1,500 $2,200 to $2,500 $3,000 Plus <br />Commercial Building <br />Multi-Tenant Business Under $1 million, 3-10 Ten. $1-2.5 million, 2-10 Ten. I 52.5 million+, over 10 Ten. <br />Park or Shopping Center Not Appropriate $2,500 to $3,200 I $3,000 Plus <br />Special Purpose ! <br />Schools, Churches, Gas Not Appropriate $3,000 Plus I $3,500 Plus <br />Stations, Motels, Fast-Food <br />Restaurants. Vacant Land, I <br />Ground leases, Partial <br />Interests and Discounts. I , <br /> I , <br />--------- ~ ,------- ~---._---- ---. ------- ----------- 1 <br />