Troy Engstrom

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Troy Engstrom

Troy Engstrom

Start Date April 14, 2023

Address 21 5th Street NE, PO BOX 1391
Watertown, South Dakota 57201

Business Name Engstrom Appraisals, Inc

Phone 605-882-2533

Fax Number 6058822538

Email Address

Credential Type Certified General

License Number CG-21635 (North Dakota) 601CG (South Dakota)

Additional Information Troy A. Engstrom Engstrom Appraisal Agency, Inc. State Certified General Appraiser #601CG (South Dakota) State Certified General Appraiser #CG-21635 (North Dakota) Real Estate Broker Associate #14367 (South Dakota) 21 5th Street NE ♦ PO Box 1391 Watertown, SD 57201 1994 ♦ Began working part-time in the appraisal office (Engstrom Agency, Inc.) for father, Allan G. Engstrom and completed pre-licensing appraisal courses. Postsecondary education courses attended at Iowa State University, Northeast Community College in Norfolk, NE and South Dakota State University, while playing collegiate golf. 1997 ♦ Completed National RE Appraiser Exam – issued a State Registered License 2004 ♦ Upgraded to State Licensed status 2005 ♦ Purchased Engstrom Appraisal Agency – operating as CEO and full time appraiser 2008 ♦ Upgraded to State Certified General Appraiser 2009 ♦ Issued a Broker Associate’s License for Real Estate Sales 2009 ♦ Endorsed as a Supervisor Appraiser by the State Appraiser Certification Program Since beginning his appraisal career in 1997, Troy has completed over 3,000 non-residential (mostly agricultural) and over 3,500 residential appraisals. Troy is a Certified General Appraiser, currently licensed in three bordering states (South Dakota, North Dakota & Minnesota). Clients range from numerous local Midwest and National lenders such as: American Bank & Trust, AXA Equitable AgriFinance, Bank of the West, BankNorth, Bank of North Dakota, BankStar Financial, Bryant State Bank, Choice Financial Bank, Citizen’s State Bank, CONTERRA, CorTrust Bank, DNB National Bank, Farm Credit Service of America, FARMER MAC, Farmers State Bank, First Dakota National Bank, First National Banks, First Premier Bank, First Savings Banks, First State Banks, Frontier Bank, Great Plains Bank, Great Western Bank, Heartland State Bank, MinnWest Bank, Plains Commerce Bank, Reliabank Dakota, Starion Bank, USDA Farm Service Agency in South Dakota and North Dakota, USDA Rural Development, Wells Fargo Bank and many Law Firms, Accounting Offices, Trust Departments, Wealth Management Firms and Credit Unions. Troy also works directly with many landowners and personal representatives of estates each year, completing agricultural appraisals on their behalf. Troy is a member of the Professional Appraisers Association of South Dakota and an associate member of The Appraisal Institute.

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