Stephen Kurschat has over 15 years of real estate and appraisal experience. He also carries the Certified General appraisal license in the state of Michigan and has developed extensive experience in appraising a variety of commercial, industrial, multi-family, and office type properties. He also has experience in appraising specialty properties including apartments, distressed condominium developments, residential subdivisions, child daycare facilities, gas stations, car washes, and equestrian facilities. 

Technical Training, Experience and Specializations


State of Michigan

State Certified Real Estate Appraiser

Permanent I.D. #1201071915


Real Property Appraisal Theory, Principals and Concepts, February 2005

Introduction to Income Property, February 24, 2005

National Uniform Standards of Professional Appraisal Practice, March 2005

General Appraiser Site Valuation & Cost Approach, March 2007

General Market Analysis and Highest and Best Use, March 2007

General Appraiser Sales Comparison Approach, April 2007

Narrative Appraisal, June 2007

General Appraiser Income Approach, August 2007

Real Estate Finance Statistics and Valuation Modeling, November 2008

Using Spreadsheet Programs in Real Estate Appraisals, September 2009

Analyzing Distressed Real Estate, May 2009

Michigan Appraiser Law Update, May 2009

Spotlight on USPAP: Common Errors and Issues, February 2009

Eminent Domain and Condemnation, May 2011

Data Verification Methods, May 2011

Appraising Convenience Stores, July 2011

Michigan Appraiser Update, July 2011

7-Hour USPAP Update, July 2011


Employed by Kurschat & Company since January 2005. Appraisal experience includes apartment complexes, condominium complexes, shopping malls, office buildings, industrial buildings, engineering buildings, single-family residential subdivisions and site condominium developments, industrial processing plants, vacant land, proposed subdivisions, restaurants, automobile repair facilities, ministorage facilities, auto wash facilities, automobile service stations, day care facilities, equestrian facilities, veterinarian offices, dental offices, etc.



High rise office buildings

Strip shopping centers 


Industrial complexes