Office of Right of Way

Appraisal Operational Manual

August 2003

This manual was current as of this revision date.  Changes may have occurred since that time.  For updates, please contact the Office of Right of Way's appraisal section, Iowa Department of Transportation, 800 Lincoln Way, Ames, Iowa 50010, or 515-239-1258.

Note:  If you wish to print or view a complete Appraisal Operational Manual, you may download a PDF file of the Appraisal Operational Manual (488 KB) that can be printed or used for off-line viewing.  For viewing the parts of the Appraisal Operational Manual listed below, you will need Adobe Acrobat Reader™.

    Page
PDF icon Table of Contents

 i

PDF icon The Uniform Act and USPAP 1
  The Uniform Act
FIRREA
USPAP
Appraisal Reporting
Appraisal Review
1
 2
 3
 4
 5
PDF icon Statement of Property Owner's Rights  7
PDF icon Appraisal Content Requirements  9
 

Information Furnished to Appraiser
Data Required in All Appraisal Reports

 9
10
PDF icon Types and Formats of Appraisal Reports 15
  The Detailed Appraisal Report
Value Finding Appraisal Report
The Residential Appraisal Report
Advertising Device Appraisal
Leasehold Appraisal
Tenant Owned Improvement Appraisal
Fixture and Equipment Appraisal
15
28
31
31
32
33
34
PDF icon Additional Information 35
  Project Data Book
Number and Submission of Appraisal Reports
Revising the Appraisal Report
Updating Appraisal Report
Parcel Deletion
35
35
35
36
36
PDF icon Definitions, Guidelines and Requirements 37
  Standard Definitions
Appraisal Guidelines and Requirements
37
41
PDF icon Appraisal Review Procedures 72
  Definitions
Function and Purpose
Review Appraiser's Duties
Suggested Review Procedure
Disadvantaged Business Enterprise Participation
72
72
73
76
78
PDF icon Appendix 79
  Form 633-101 – Appraisal Report (Iowa DOT Logo)  
  Detailed – Fee Exhibit 1-1
  Detailed – Permanent Easement Exhibit 1-2
  Detailed – Fee and Permanent Easement Exhibit 1-3
  Value Finding – Fee Exhibit 1-4
  Value Finding – Permanent Easement Exhibit 1-5
  Value Finding – Fee and Permanent Easement Exhibit 1-6
  Form 633-204 – Certificate of Appraiser Exhibit 2
  Form 633-205 – Purpose, Definitions, Title, etc Exhibit 3
  Form 633-206 – Assumptions and Limiting Conditions Exhibit 4
  Form 633-401 – Residential Appraisal Report (Iowa DOT Logo) Exhibit 5
  Form 633-701 – Appraisal of Sign or Billboard (Iowa DOT Logo) Exhibit 6
  Form 632-052 – Record of Contacts (All Appraisals) Exhibit 7
  Form 633-210 – Comparable Sale Data (Rural) Exhibit 8
  Form 633-215 – Comparable Sale Data (Urban or Residential) Exhibit 9
  Form 633-301 – Supplemental to Appraisal (Minor Revision) Exhibit 10
  Form 633-501 – Review Appraiser’s Report Exhibit 11
  Form 633-102 – Allocation of Just Compensation (Needed for Partial Acquisitions)
Exhibit 12
  Form 633-502 – Certificate of Review Appraiser Exhibit 13
  Appraisal Report  
  Detailed – Fee Exhibit 14-1
  Detailed – Permanent Easement Exhibit 14-2
  Detailed – Fee and Permanent Easement Exhibit 14-3
  Value Finding – Fee Exhibit 14-4
  Value Finding – Permanent Easement Exhibit 14-5
  Value Finding – Fee and Permanent Easement Exhibit 14-6
  Residential Appraisal Report Exhibit 15
  Appraisal of Sign or Billboard
Exhibit 16
  Review Appraiser’s Report Exhibit 17
  Certificate of Review Appraiser Exhibit 18
  Instructional Legal Appendix
Exhibit 19
  Sample of Transmittal Letter
Exhibit 20
  Summary of Proposed Acquisition Explanation (From ROW Design Section) Exhibit 21
PDF icon Index