(507) 382-4666
ABOUT THE FIRM

Trevor L. Brovold, MAI

Principal and Senior Real Estate Analyst, Brovold & Company, LLC. Certified General Real Property Appraiser in Minnesota and North Dakota, appraising commercial, agricultural, and special-purpose property since 1997.
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Trevor L. Brovold, MAI

Background

Trevor began his appraisal career in 1997 with Robinson Appraisal Company in Mankato, Minnesota, working on commercial, agricultural, and right-of-way assignments across southern Minnesota. In 2002 he joined CB Richard Ellis in Minneapolis, appraising institutional-grade office, industrial, retail, and multifamily property for national lenders and investors.
He founded Brovold & Company in 2004 to bring that institutional rigor to the markets he knows best: the cities, farm communities, and rural counties of Minnesota and the Upper Midwest. The firm’s practice now centers on eminent domain and right-of-way valuation — including a substantial body of work on agricultural partial takings and flowage easements — alongside commercial lending appraisals and technical review.
Trevor holds the MAI designation from the Appraisal Institute, the profession’s designation for appraisers of commercial, industrial, and investment property, and completes continuing education well beyond the state minimum.

Community and service

Trevor served in the U.S. Army as an Airborne soldier from 1989 to 1991, including service during the Gulf War (Operation Desert Shield/Desert Storm), and is a member of the American Legion and the VFW. He served on the City of Mankato Planning Commission from 2008 to 2014 and on the Blue Earth–Nicollet County Joint Task Force for Sustainability, and was a board member of the River Heights Cooperative Association from 2012 to 2016 — experience that informs his highest-and-best-use analysis today.
LICENSES & DESIGNATIONS

Appraisal Institute

MAI Designated Member

Minnesota

Certified General Real Property Appraiser, License No. 20116604

North Dakota

Certified General Real Property Appraiser, License No. CG-222189

Education

B.A., Organizational Business Management & Communications, Concordia University, Saint Paul, Minnesota

Career

2004 – present Brovold & Company, LLC — Owner, Principal & Senior Real Estate Analyst
2002 – 2004 CB Richard Ellis, Inc., Minneapolis — Senior Real Estate Analyst
1997 – 2002 Robinson Appraisal Company, Inc., Mankato — Senior Real Estate Appraiser
1989 – 1991 United States Army, Airborne — Gulf War veteran, honorably discharged
EMINENT DOMAIN & RIGHT-OF-WAY
AGRICULTURAL & RURAL PROPERTY
COMMERCIAL & INDUSTRIAL PROPERTY
SPECIALIZED TRAINING

Appraisal education highlights

Appraisal Institute advanced coursework

Advanced Income Capitalization (510), Highest and Best Use and Market Analysis (520), Advanced Sales Comparison and Cost Approaches (530), Report Writing and Valuation Analysis (540), Advanced Applications (550), and the General Demonstration Report Capstone Program.

Eminent domain & right-of-way

Uniform Appraisal Standards for Federal Land Acquisitions (“Yellow Book”) seminar, Appraisal Institute; MnDOT Right of Way Professional’s Workshop (2022).

Property-type specialization

Commercial land valuation, income approach case studies, self-storage, apartments, office, retail centers, industrial and flex, single-tenant distribution centers, fast-food facilities, and the biennial National USPAP Update.
EXPERIENCE

Property types and markets

Fee appraisals, feasibility studies, rent analyses, and market studies of commercial, industrial, multifamily, and special-use properties — including office, retail, industrial, multifamily, hotel/motel, net leased investments, fractional interests, medical office, restaurants, golf courses, and other special-purpose property — located both locally and nationally. Assignments completed in Minnesota, North Dakota, South Dakota, Wisconsin, and Iowa, with a focus on eminent domain work in North Dakota since 2022.
PAST CLIENTS

Representative clients

Blue Earth County, Nicollet County, Waseca County, City of Mankato, City of Worthington, City of Tracy, Minnesota Department of Transportation (MnDOT), Minnesota DNR, Minnesota Housing Finance Agency (MHFA), Bank of America, Wells Fargo, U.S. Bank, Wachovia Bank, GE Capital Funding, GE Capital Business Development, Ford Development Company, Lend Lease Real Estate Investments, Lend Lease Mortgage, Archon Financial, Artesia Mortgage, EF&A Funding, CRIIMI MAE, Associated Bank, Bremer Bank, Wells Federal Bank, Pioneer Bank, Community Bank of Mankato, First National Bank of St. James, United Prairie Bank, and others.

A complete statement of qualifications is available on request

Including representative client and project lists, testimony experience, and continuing education record.
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Brovold & Company, LLC

Commercial real estate appraisal and analysis. MAI-designated, Certified General appraisal services for lenders, attorneys, public agencies, and landowners across Minnesota and the Upper Midwest.
Contact
PO Box 713, Mankato, MN 56002
© 2026 Brovold & Company, LLC. Trevor L. Brovold, MAI — Certified General Real Property Appraiser, Minnesota License No. 20116604 and North Dakota License CG-222189.