Black Hills, South Dakota
Rapid City, South Dakota
Deadwood, South Dakota
Black Hills, South Dakota
SIMPSON & ASSOCIATES
Real Property Appraisers and Consultants
We are experienced professionals that understand the importance of ethical and timely appraisal services.
Many of us hold an Appraisal Institute Designation and exceed State licensing requirements for continuing education.
Every client has unique valuation needs.
From straightforward to complex, we are committed to providing exceptional appraisal services in a timely manner.
Rapid City, South Dakota
APPRAISAL SERVICES
Including, but not limited to
Absorption Studies
Acquisition, Disposition
Appraisal
Appraisal Review
Consulting
Demand Analysis
Detrimental Conditions Valuation and Consulting
Development Valuation and Consultation
Easement Analysis
Eminent Domain Valuation and Consulting
Estate Settlement
Foreclosure / REO
Highest and Best Use Studies
Land Use Studies and Planning
Litigation / Litigation Support
Mortgage Lending Consulting
Real Estate Tax Valuation and Consulting
Retrospective Valuation
Site Location Analysis and Consulting
Valuation and Consultation for Financial Reporting
PROPERTY TYPES
Commercial Property
Assisted Living / Nursing Home
Automobile Dealership
Bed and Breakfast
Branch Bank / Financial Building
Convenience Store / Service Station
Hospital / Surgical Center
Hotel / Resort / Motel
Medical Facility / Clinic
Office Building (High and Low Rise)
Restaurant / Bar / Night Club / Micro Brewery
Retail (Single Tenant or Free Standing)
Self Storage
Shopping Center (Local, Strip)
Industrial Property
Industrial (Heavy and Light Manufacturing, Distribution)
Research and Development Lab
Hotel Alex Johnson
Downtown Rapid City, South Dakota
Badlands KOA Campground
Land and Subdivision Property
Acreage / Subdivision
(Agricultural,Commercial, Industrial, Mixed-Use, and Residential)
Recreational Property
Amusement / Water / Theme Park
Campground
Golf Course
Recreational Vehicle Park
Residential Property
High-End Residential
Mobile Home Park
Multi-Unit (Apartments, Condos, and Townhouses)
Unique Property
Special-Purpose Property
Car Wash
Conservation Easement
Historical Property
Lumber Yard
Mixed Use
Natural Resources
Outdoor Sign
Private Educational Institution
Right-of Way / Corridor Valuation
Tower (Antenna)
Winery
Casino, Casino and Hotel
Star Academy
Custer, South Dakota
APPRAISERS
GENAE W. SUNDBY, MAI, R/W-AC
Associate Appraiser
Appraisal Practice
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State certified general appraiser in South Dakota
Appraisal Institute Designation
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MAI Member
Appraisal Institute Service
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Nominating Committee Member, Wyoming & Western SD Chapter | 2018-2019
Appraisal Institute Professional Development Program
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Valuation of the Components of a Business Enterprise
Formal Education
Palmer College of Chiropractic, Davenport, Iowa
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D.C.
California State University, San Bernardino, California
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B.S. Biology
Industry Related Experience
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Owner/Manager/Developer of Residential and Commercial Investment Property
Other Professional Organizations
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Member of Professional Appraisers Association of South Dakota (PAASD)
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Member of International Right of Way Association (IRWA)
Specialty Certification
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R/W-AC (Right of Way Appraisal Certification)
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LINDSEY M. WILLIS, MAI, AI-GRS, R/W-AC
Associate Appraiser
Appraisal Practice
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State certified general appraiser in Wyoming and South Dakota
Appraisal Institute Designations
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MAI Member
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AI-GRS Member
Appraisal Institute Service
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Designated Member, National Education Committee | 2023; 2024 - 2025
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Member, Region II Nominating Committee | 2022 - 2023; 2024 - 2025
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Region II Member, National Nominating Committee | 2021
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Nominating Committee Chair, WY & Western SD Chapter | 2021 & 2023
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President, WY & Western SD Chapter | 2020
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Vice President, WY & Western SD Chapter | 2019
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Education Committee Chair, WY & Western SD Chapter | 2016 – 2019
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Finance Committee Member, WY & Western SD Chapter | 2015 – 2019
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Board of Director Member, WY & Western SD Chapter | 2015 – 2019
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Selected Attendee, Leadership Development and Advisory Council | 2018, 2019, 2022
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Associate Member Chair, WY & Western SD Chapter | 2011 – 2012
Appraisal Institute Professional Development Program
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Litigation
Formal Education
University of Wyoming, Laramie, Wyoming
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B.S. Kinesiology and Health Promotion
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Minor: Business
Other Professional Organizations
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Member of Professional Appraisers Association of South Dakota (PAASD)
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Member of International Right of Way Association (IRWA)
Specialty Certification
-
R/W-AC (Right of Way Appraisal Certification)
RICK MARCH
Associate Appraiser
Appraisal Practice
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State certified general appraiser in South Dakota and Wyoming
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Specialty areas include conservation easements, gravel and limestone resources, rural and agricultural land, and subdivision analysis
Formal Education
University of Montana, Missoula, Montana
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B.S. Natural Resources Conservation
Industry Related Experience
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District Conservationist and Water Quality Specialist with the United States Department of Agriculture Soil Conservation Service
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Land Management Consultant
Other Professional Organizations
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Member of Professional Appraisers Association of South Dakota (PAASD)
Specialty Certification
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FAA Unmanned Aircraft System (107) Certification (Drone Pilot)
LORI MARKS
Office Manager/Administrative Assistant since 1991
KEN E. SIMPSON, MAI, SRA, R/W-AC
Owner and Founder
Appraisal Practice
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State certified general appraiser in South Dakota and Wyoming
Appraisal Institute Designations
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MAI Member
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SRA
Appraisal Institute Service
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National Finance Committee Member | 2022 – 2023
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Region II Chair, National Board of Directors | 2019 – 2022
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Region II Third Regional Director, National Board of Directors | 2018
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Nominating Committee Chair, Wyoming & Western SD Chapter | 2017 – 2018
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Region II National Nominating Committee Member | 2016
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President, Wyoming & Western SD Chapter | 2014 – 2016
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Finance Committee Member, Wyoming Chapter | 2013
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Nominating Committee Member, Wyoming Chapter | 2012 – 2013
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Government Relations Committee Member, Wyoming Chapter | 2012 – 2013
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Nominating Committee Chair, Wyoming and Western SD Chapter | 2011
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President, Wyoming Chapter | 2006 – 2007
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Regional Representative, Wyoming Chapter | 2006 – 2007
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Education Chair, Wyoming Chapter | 2004 – 2005
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Vice President, Wyoming Chapter | 2004 – 2005
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Residential Demonstration Reports Subcommittee Member | 1999 – 2003
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Residential Appraiser Board Demonstration Reports Subcommittee Member | 1988 – 1998
Appraisal Institute Professional Developmental Programs
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Conservation Easement
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Litigation
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Valuation of the Components of a Business Enterprise
Industry Related Experience
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Successful completion of the Appraisal Foundation Appraiser Regulatory Agency Investigator Training Levels 1, 2 and 3
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Examiner/Consultant to the South Dakota Department of Labor and Regulation Appraiser Certification Program for appraiser licensing, upgrade and complaint cases, 1991-2018; September 2019- July 2022
Other Professional Organizations
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Member of Professional Appraisers Association of South Dakota (PAASD)
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Member of International Right of Way Association (IRWA)
Specialty Certification
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R/W-AC (Right of Way Appraisal Certification)
Qualified Expert Witness
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Several years of experience as an expert witness for appraisal matters in circuit and federal courts
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CONTACT US
