Principal Appraisal LLC

Your Foremost Authority in Real Estate Valuation


Appraiser integrity and appraisal quality are Principal Appraisal's trademark.

Principal Appraisal located in Plymouth, MN is a real estate appraisal company which services all communities within a 25-mile radius of downtown Minneapolis and St Paul. Appraisal services are provided for a wide variety of residential property types. Customers will discover Principal Appraisal has affordable pricing and quick turnaround times.

Your property will be appraised by a Certified Residential Appraiser, Minnesota License #20403844, who is FHA-approved.

UAD compliant appraisals are now available.

Implementation of the Uniform Mortgage Data Program started September 1, 2011, and new Data Standards became effective January 2, 2014.

UAD compliant appraisals can be delivered in the following file formats:

  • XML

  • PDF (required by GSEs)




Principal Appraisal, LLC
11220 52nd Ave N
Plymouth, MN  55442


763-208-6696 (office)
763-226-6111 (mobile)
763-208-6696 (fax)

Steve Koshiol, Certified Residential Appraiser

Steve Koshiol, Certified Residential Appraiser


Types of Appraisals

Divorce Appraisal

Used to determine market value for settlement or "buy out".

Tax Abatement - Property Tax Appeal

Provide an opinion of current market value to support your property tax appeal.

Mortgage Financing - FHA Appraisal

FNMA 1004, Exterior-Only Form 2055, Condo Form 1073, Duplex Form 1025

Review Appraisal

Field Review, Desktop Review

Estate Appraisal

Provide a retrospective market value to the executor of an estate.

REO - Pre-foreclosure Appraisal

REO Addendum, Cost-to-Cure Estimate, As-is, As-repaired, Quick sale Value

Eminent Domain - Condemnation Appraisal

An opinion of "fair market value" used to negotiate and receive "just compensation".

PMI Removal

Your principal balance must be less than 80% of the current market value.

Bankruptcy Appraisal

An opinion of market value which is used in bankruptcy proceedings.

Leasehold Appraisal

Fee Simple Value minus Leased Fee Value equals Leasehold Value


Lenders: Do you need to order HVCC compliant appraisals?
Mercury Network is available to service your HVCC needs.

Minneapolis & St Paul area "Local Market Update"
Provided by the Minneapolis Area Association of Realtors