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Staff Qualifications
Russ G. Manternach, MAI
Patrick J. Schulte, MAI
Levi H. Freedman, MAI
Karen C. Olson, MAI
David J. Fuglsang, MAI
Luke J. Wanninger, MAI

Luke J. Wanninger, MAI
Real Estate Appraiser

Bachelor of Science
Iowa State University, May 2010
Finance and Entrepreneurial Studies

Luke began as a real estate appraiser for Commercial Appraisers of Iowa in 2010 after graduating from Iowa State University Cum Laude. Mr. Wanninger completed the coursework, experience credit, and successful examination for the MAI designation from the Appraisal Institute in 2017.

The following is a partial list of property types appraised and experience:

Eminent Domain Projects Industrial
Multiple Family Residential Restaurants
Conventional and Medical Office Mini-storage Facilities
Subdivisions/Vacant Land Churches
Automobile Dealerships Special Use Properties
Retail Properties Motel/Hotels
Air Rights Railroad Corridors
Agricultural Properties Other Income Producing Properties

Appraisal Institute Education/Experience Includes:

  • Fundamentals of Separating Real Property, Personal Property, & Intangible Business Assets
  • General Appraiser Income Approach – Parts 1 & 2
  • General Appraiser Site Valuation and Cost Approach
  • Advanced Concepts and Case Studies
  • Successful Examination:
    - Advanced Income Capitalization
    - Quantitative Analysis
    - Advanced Market Analysis and Highest and Best Use
  • Specialized Experience Requirement for MAI Designation
  • General Demonstration of Knowledge – Capstone Program
  • Successful Completion – General Comprehensive Examination

Professional Affiliations
Associate Member Appraisal Institute
Appraisal Institute – Iowa Chapter

State Certification
Associate General Real Property Appraiser, State of Iowa. Certificate No. AG 03068

Luke J. Wanninger, MAI
3737 Woodland Avenue
Suite 320
West Des Moines, Iowa 50266
Phone 515/288-6800
Fax 515/288-6810


Commercial Appraisers of Iowa, Inc.    3737 Woodland Avenue | Suite 320    West Des Moines, Iowa 50266    Phone 515/288-6800 | Fax 515/288-6810

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