About US


We are appraisers with a passion for statistical analysis. Larry D. Schnepf, MAI has been in the appraisal business since 1980 and an MAI since 1988 He started using Multiple Liner Regression models in appraisal report in the 1980's.  He begin creating databases on a variety of property types and begin using that information in appraisal report.  

With progress in computer modeling we now have developed custom graphs that make simple and quick to access what used to be binders of numbers.

Larry Schnepf, MAI, SRPA


Appraisal Services

Schnepf Ellsworth Appraisal Group LLC... has provided timely and accurate real estate services for more than 25 years. That’s why clients nationwide turn to us for real estate market research, appraisals and inspections. We offers complete and affordable housing market studies and real estate appraisals. We are experienced and skilled in preparing rental comparable studies, HUD Multifamily Accelerated Processing (M.A.P). appraisals/market studies. Whether preparing a report for a governmental agency or a local financial institution, we will meet your deadline with quality results.

Our primary focus is your commercial appraisal and commercial real estate consultation requirements, be they for estate tax, estate planning, acquisition, disposition, internal decision making, or mortgage underwriting, you need solid supportable appraisals, written by appraisal professionals with a strong background in the analysis of income producing properties. Our commercial appraisal experience spans the spectrum of property types and includes, apartment, office buildings, industrial buildings, R & D Buildings, mobile home parks, residential subdivisions, retail buildings and shopping centers, mixed portfolios, same-use portfolios, mixed use buildings, and a multitude of other property types.

Since 1988, we have performed real estate market research and appraisals including market studies and inspections on all types of real estate for individuals, developers, banks, savings and loans, mortgage companies, attorneys, courts, accountants, builders, contractors, and state and federal government agencies. We are committed to quality work – delivered on time. We prepare reports in all sectors of the real estate industry; however, we specialize in health care facilities (assisted living, nursing care, independent living, CCRC), multifamily residential and affordable housing market studies and appraisals.

Our staff is experienced and skilled in preparing reports for the Internal Revenue Service’s Low Income Housing Tax Credit program (LIHTC) and the Department of Housing and Urban Development (HUD) programs for low income single-family and multi-family housing and the United States Department of Agriculture’s (USDA) rural development programs. At Schnepf Ellsworth, we pride ourselves on using primary data from our field analysts and appraisers who personally visit and examine every subject property and market that we research. When our field data is combined with our other data and information resources, the result is a quality report that is both accurate, current and accommodates all the requirements made by our clients.