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John M. Karnes, MAI, SRA

Mr. Karnes holds both the Appraisal Institute's MAI and SRA designations. The MAI designation is awarded to appraisers who are highly experienced in the valuation of commercial, industrial, and other types of properties, and who advise clients on real estate decisions. The SRA designation is held by appraisers who are highly experienced in the analysis and valuation of residential type properties, including subdivisions and multi-family housing.
Caruthersville High School, Caruthersville, Missouri
Graduated: May 1986
Mississippi State University, Starkville, Mississippi
Murray State University, Murray, Kentucky , Graduated: December 1990—Bachelor’s Degree
Missouri • Alabama • Arkansas • Kentucky • Georgia • Illinois • Louisiana • Mississippi • Tennessee • Texas

Designated member, Appraisal Institute—MAI, SRA
Greater St. Louis Chapter: Appraisal Institute
Missouri Society of Farm Managers and Rural Appraisers.

“Appraisal Principles” — University of Alabama, Tuscaloosa, Alabama
“Appraisal Procedures” — University of Alabama, Tuscaloosa, Alabama
“General Appraiser Site Valuation & Cost Approach” — St. Louis, Missouri
“General Appraiser Market Analysis and Highest & Best Use” — Overland Park, Kansas
“General Appraiser Income Approach/1” — Louisville, Kentucky
“General Appraiser Income Approach/2” — Louisville, Kentucky
“Evaluating Commercial Construction” — St. Louis, Missouri
“Report Writing and Valuation Analysis” — Louisville, Kentucky
“Advanced Sales Comparison and Cost Approaches” — Louisville, Kentucky
“Advanced Income Capitalization” — Denver, Colorado
“Advanced Market Analysis and Highest & Best Use” — Louisville, Kentucky
“Advanced Applications” — Louisville, Kentucky
“Uniform Appraisal Standards for Federal Land Acquisitions” — Louisville, Kentucky


“Appraising Convenience Stores”
“Eminent Domain and Condemnation”
“Business Practices and Ethics”
“Appraising Commercial and Complex Properties in a Historic Area”

“Valuation for Litigation Purposes”
“Eminent Domain Appraising”
“Marina Valuation Overview”
“Supervising Appraisal Trainees”
“USPAP and Appraiser Regulations”
“Valuation of Multifamily Properties”


“Foundations of Real Estate Appraisal” — St. Louis, Missouri
“Appraising the Single Family Residence” — St. Louis, Missouri
“The Uniform Standards of Professional Appraisal Practice” — Sedalia, Missouri
“Principles of Income Capitalization” — Sedalia, Missouri
“Real Estate Appraisal Applications” — Sedalia, Missouri


“Two to Four Unit Residential Case Study”
“Appraising Manufactured & Mobile Housing”
“Residential and Commercial Appraisal Review”
“F.H.A. Appraisals”


Mr. Karnes has over twenty years of Real Estate Appraisal and Consulting experience. He began appraising Real Estate in June 1993 at Jones Appraisal Service in Caruthersville, Missouri; later owning and operating Karnes Appraisal Service and Evergreen Management & Development in Caruthersville, Kennett and Cape Girardeau, Missouri. In 2005 he was employed by William P. Dockins, MAI, SRA of Dockins Valuation Company, which was established in 1973. He purchased the company from Mr. Dockins in 2013.

His experience includes preparation and review of appraisals and feasibility studies on a variety of existing and proposed properties, with a specialty in triple-net leased property valuations. Interests appraised include, fee-simple, leased-fee, leasehold and various partnership interests.

Property types he has appraised include single- and multi-family residential, apartment complexes, convenience stores, community and neighborhood shopping centers, regional malls, distribution centers, agricultural land, waterfront properties, hotels, industrial/warehouse properties, restaurants, funeral homes, office buildings, medical facilities, residential subdivisions, and condemnation projects for numerous lenders, attorneys, municipalities and individuals in: Alabama, Arkansas, North Carolina, South Carolina, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Minnesota, Missouri, New Mexico, Ohio, Oklahoma, Tennessee, Texas, Virginia, West Virginia, Washington and Wisconsin.

• Missouri Department of Transportation (MoDot)
• Federal Housing Administration (FHA)

He has qualified as an expert witness in the United States District Court, Eastern District of Missouri as well as various Circuit Courts throughout the region and has given deposition and testimony in numerous Ad Valorem tax hearings, estate settlement cases and other litigation.