About Us
Paul Hornsby & Company is a full service valuation firm. Its objective, independent and defensible opinions meet both market and regulatory requirements. All appraisals are undertaken in conformity with the Uniform Standards of Professional Appraisal Practice, International Valuation Standards (IVS), and the ethics and standards of the Appraisal Institute.
The portfolio of services is described under each practice area on this site.
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Qualifications of Paul Hornsby, MAI, SRA, CRE
| Experience: |
Since 1980, Mr. Hornsby has been a practicing real estate appraiser with an office in Austin, Texas, specializing in the valuation of complex commercial properties and in support of litigation proceedings.
Mr. Hornsby often serves in the capacity of expert witness in cases involving eminent domain, bankruptcy, civil litigation and ad valorem tax appeal. He is qualified as an appraisal expert in numerous county courts, state district courts, Federal District Court, U.S. Bankruptcy Court, and various commissioners' courts and appraisal district review boards. Mr. Hornsby has given over 300 depositions, testified in over 200 special commissioners hearings and appeared in over 100 jury and bench trials.
In addition to real property appraisal, Mr. Hornsby provides counseling services relating to real estate, tangible personal property, and intangible assets. He is a partner in dh Business Advisors, a business valuation firm specializing in the valuation of businesses intangible assets, partnership interests, and machinery and equipment, and consulting for financial reporting and federal and local income tax purposes.
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| Licenses and Designations: |
- MAI Designation - Appraisal Institute, Certificate No. 7305
- SRA Designation - Appraisal Institute
- CRE Designation - The Counselors of Real Estate
- State Certified General Real Estate Appraiser #TX-1321761-G
- Texas Broker License #283369-05
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| Associations and Activities: |
- Past Chair, Central & South Texas Chapter, Counselors of Real Estate
- Past President, Director and Regional Committee Member-Austin Chapter of the Appraisal Institute
- Member, International Right of Way Association
- Member, American Association for the Advancement of Science
- Affiliate member, Texas Association of Appraisal Districts
- Affiliate member, Texas Association of Property Tax Professionals
- Instructor, Appraisal Institute- Standards of Professional Appraisal Practice
- Appraisal Qualifications Board (AQB) Certified USPAP Instructor
- REALTOR - National Association of Realtors
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| Education: |
University of Texas at Austin, B.B.A. Degree in Finance, August 1977
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| Lectures and Publications: |
- Equality and Uniformity-Commercial Properties, Appraisal Review Board, Travis Central Appraisal District, May 2009
- Appraisal Values in an Unsettled Economy, Graves Dougherty Hearon & Moody - Banking & Real Estate Clients, October, 2008
- Fee Simple Estate - How Many Sticks in the Bundle?, 22nd Annual Legal Seminar on Ad Valorem Taxation in San Antonio, 2008
- Real Estate Appraisal Issues and Ethics, Eminent Domain for Attorneys in Texas, 2007
- Contemporary Appraisal Issues, Central Texas Commercial Property Exchange, 2007
- Capitalization Theory & Techniques, Chartered Financial Analysts, 2007
- Material and Substantial Impairment of Access, CLE International, 2003
- Fee Simple Versus Leased Fee Valuation: A Study of Appraisal Models, Downtown Austin Alliance, Institute of Real Estate Management, 2001
- Regulatory Takings, International Right of Way Association, 2000
- The Schmidt Opinion From the Appraiser's Perspective, Office of the Attorney General, State of Texas, 1993
- Asbestos Abatement and Lead Paint: Effects on Real Estate Value, Texas Association of Appraisal Districts, 1992
- The Endangered Species Act and Its Impact on Property Value, Texas Savings and Loan League, 1989
- Valuation Theory, Real Estate Symposium, University of Texas, 1984
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