Lynchburg, VA · Est. 1978

Certified Real EstateAppraisers You Can Trust

Hallmark Properties, Inc. delivers accurate, defensible residential and commercial appraisals across Virginia — backed by over 40 years of experience and MAI-designated professionals.

45+ Years in Business
MAI Designated Appraisers
3 States Covered
100% Certified & Independent

What We Do

Full-Spectrum Appraisal Services

Whether you're a lender, homeowner, attorney, or business — we provide court-defensible, USPAP-compliant appraisals for every need.

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Residential Appraisals

Single-family homes, condominiums, multi-family properties (1–4 units), and new construction. We serve mortgage lenders, homeowners, estate planning, and litigation support.

Most Common
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Commercial Appraisals

Office, retail, industrial, mixed-use, and specialty properties. Our MAI-designated appraisers provide complex commercial valuations for lenders, investors, and developers.

MAI Certified
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Mortgage & Lending

We work directly with mortgage lenders to provide compliant, fast-turnaround appraisals that meet all secondary market and regulatory requirements.

Lender Preferred
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Legal & Estate Appraisals

Expert appraisals for divorce proceedings, estate settlement, tax appeals, condemnation/eminent domain, and litigation. Our reports hold up in court.

Court-Ready
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Land Appraisals

Vacant land, subdivisions, development parcels, and timber tracts across Virginia. Accurate valuations for buyers, sellers, lenders, and estate purposes.

All Land Types
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Farm Appraisals

Working farms, agricultural land, equestrian properties, and rural acreage. Deep roots in Central Virginia's farm and rural property markets.

Agricultural
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Special Use Appraisals

Churches, schools, golf courses, funeral homes, and other special-purpose properties. Credentials and experience for complex specialty valuations.

Specialty

Geographic Coverage

Serving Virginia and Beyond

We cover an extensive territory across the Mid-Atlantic — with deep local knowledge of every market we serve.

Primary Market Area Central Virginia · Southside Virginia · Southwest Virginia · Shenandoah Valley (Northwestern VA)
Secondary Market Area Eastern Virginia · Northern Virginia · Richmond Metro
Extended Coverage Full State of Virginia · Eastern West Virginia · Northern North Carolina

Our Appraisers

Qualified. Credentialed. Local.

Our team holds the highest designations in the appraisal profession. Combined, they bring over a century of real-world valuation experience across Virginia's most diverse markets.

MS

Mark Shelton

MAI, MBA
Certified General Appraiser

Mark earned his MBA from Virginia Tech and his MAI designation from the Appraisal Institute in 2001. A leader in the profession — he served as President of the Virginia Commonwealth Chapter of the Appraisal Institute in 2008.

MAI Designation — Appraisal Institute (2001)
Virginia Certified General Appraiser (1998)
MBA — Virginia Tech
Chapter President, VA Commonwealth (2008)
JJ

Jim Johnston

MAI, SRA
Certified General Appraiser

Jim is a Virginia Tech graduate with a B.S. in Agricultural Economics. He earned his MAI designation in 1977 and has been a cornerstone of the appraisal community for decades — including serving as President of the Blue Ridge Chapter in 1982.

MAI & SRA Designations — Appraisal Institute
Virginia Certified General Appraiser (1993)
B.S. Agricultural Economics — Virginia Tech
Chapter President, Blue Ridge (1982)
RM

Ray Millard

SRA
Certified General Appraiser

Ray earned his B.S. in Business Management from East Tennessee State University. He has been appraising residential properties since 1975 — bringing a depth of hands-on market knowledge that is unmatched in the region.

SRA Designation — Appraisal Institute (1977)
Virginia Certified General Appraiser (1995)
B.S. Business Management — ETSU
Appraising Residential Properties since 1975

Why Hallmark

Experience You Can Rely On

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MAI-Designated Professionals

The MAI designation from the Appraisal Institute is the gold standard in the industry — requiring years of experience, education, and rigorous testing.

Fast, Reliable Turnaround

We know lenders and clients have deadlines. Our team is structured to deliver accurate reports on time, every time.

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Deep Local Market Knowledge

Based in Lynchburg since 1978, we know Virginia's markets — from the Shenandoah Valley to the Outer Banks border — like no out-of-state firm can.

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USPAP Compliant Reports

All appraisals conform to the Uniform Standards of Professional Appraisal Practice — acceptable to lenders, courts, and government agencies.

By The Numbers

A Legacy Built on Accuracy and Integrity

Since founding in 1978, Hallmark Properties has been a trusted partner for mortgage lenders, attorneys, businesses, and homeowners across the region.

1978
Year Founded
3
MAI/SRA Designated Appraisers
VA
WV · NC Covered
100+
Combined Years of Experience

How It Works

The Appraisal Process — Simple & Transparent

We've refined our process over 45 years to be as clear and straightforward as possible for clients, lenders, and property owners alike.

1

Submit a Request

Contact us online or by phone with property details, appraisal purpose, and your timeline. We'll confirm scope and fees upfront.

2

Property Inspection

One of our certified appraisers visits the property, documents its condition, features, and measurements in accordance with USPAP standards.

3

Market Research

We analyze comparable sales, local market trends, and property-specific factors to develop an accurate and defensible opinion of value.

4

Report Delivery

You receive a clear, comprehensive appraisal report — suitable for lenders, courts, estates, or your own records.

Ready to Get Started?

Request Your Appraisal Today

We serve lenders, homeowners, attorneys, businesses, and government agencies across Virginia. Get a professional opinion of value you can count on.

Contact Us

Let's Talk About Your Appraisal Needs

Whether you're a lender ordering an appraisal, a homeowner with questions, or an attorney needing litigation support — we're here to help.

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Location 3713 Old Forest Road, Lynchburg, VA 24501
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Fax (434) 385-8131
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Office Hours Monday – Friday · 8:30 AM – 5:00 PM

Request an Appraisal