Troy J. Kruser, MAI

Mr. Kruser has been active in the appraisal industry since 2003 when he began his career with L.A. Duesterbeck & Associates. Prior to joining the company he attended the University of Wisconsin-Whitewater where he graduated with a Bachelor of Business Administration degree with a major in finance and earned academic honors over his last five semesters. After graduating from college in 2002 he began his career in banking, developing a background for the financing aspect of real estate. Mr. Kruser is active in the community being on the Janesville Community Fund Advisory Board and taking part in various events including acting as a facilitator for Forward Janesville, fundraising activities, softball, golf and basketball leagues and has coached various youth sports teams. Since beginning his appraisal career Mr. Kruser has worked with various forms of complex and non-complex properties, both existing and proposed, including golf courses, industrial use properties, single and multi-tenant commercial facilities, single and multi-family residential properties, agricultural use properties, income producing properties, various use vacant land properties, contaminated properties, properties of historical significance and various easements including conservation easements. This includes various complex and high profile projects throughout Wisconsin.

Professional Affiliations/License

  • Wisconsin Certified General Appraiser #1425
  • Designated Member of the Appraisal Institute (MAI)


  • May 2002 Graduate of the University of Wisconsin – Whitewater (School of Business)
    • Bachelor of Business Administration with a major in Finance
  • Successfully completed numerous Appraisal Institute Courses without fail including:
    • Appraisal Principles
    • Appraisal Procedures
    • Basic Income Capitalization
    • Appraising Apartments
    • Valuation of Conservation Easements certificate program
    • Market Analysis and Highest and Best Use
    • Advanced Sales Comparison and Cost Approaches
    • Advanced Income Capitalization
    • Advanced Concepts and Case Studies
    • General Appraiser Report Writing and Case Studies
    • Business Practices and Ethics
    • National USPAP Course
    • USPAP Updates

Mr. Kruser also attended various seminars on topics including: Managing and Procuring Commercial Appraisal Reports, State of the U.S. Real Estate Markets, Uniform Appraisal Standards for Federal Land Acquisitions (Yellow Book), Internet Strategies for Appraisers, appraiser/bankers compliance, the Art/Science of Real Estate Feasibility Analysis and Valuation for Financial Reporting Purposes.