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Welcome. If you are a returning student or member of the Appraisal Institute, please log in.  Select an Offering  |  Forgot Password?  |  Create Login       Residential Site Valuation and Cost Approach EMAIL   Date: November 19 - 20, 2009   Location: Rockville, MD     Course     Category   Residential [Res]   Attendance Hours   14.0   Exam Hours   1.0   Current Price   $ 285.00 Member * $ 305.00 Regular * * includes late fee Late Fee   $ 10.00     Instructor     Mark V. Smeltzer, SRA            Location     Name   The Universities of Shady Grove   Address   9630 Gudelsky Drive   City   Rockville   State   MD   Zip   20850   Phone   (301) 738-6023     Click Here to check state approvals          Sponsor / Contact     Chapter   Washington DC Metropolitan Area Website   www.appraisalinstitutedc.org   Contact Name   Peter Houstle   Email   phoustle@marinermanagement.com   Phone   (301) 725-2508   Fax   (301) 238-4579       Description     Designed for participants with introductory experience and understanding of fundamental concepts of appraising, it focuses on the valuation of vacant land parcels and the development of the cost approach. Develop your skills by creating a current cost estimate using market extraction, interview techniques, and information provided by professional cost data sources. An in-depth case study takes you from the origin of the appraisal assignment to a final value estimate using various cost approach applications. By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as residential site valuation and cost approach. Downloads Table of Contents and Overview [PDF] Course Schedule [PDF]     Audience     Beginning appraisers seeking residential licensure and/or certification with introductory experience and an understanding of the fundamental concepts of appraising     Equipment     HP12C calculator You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP12C. Do not come to class expecting to be taught how to use a financial calculator. Free Review—Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems; and Financial Calculator Practice Exercises For additional help with the HP12C calculator, take our online seminar, Using Your HP12C Financial Calculator. Laptops NOT REQUIRED     Prerequisites     Successful completion of Basic Appraisal Principles, Basic Appraisal Procedures, National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour, and Residential Market Analysis and Highest & Best Use, or equivalent courses is required. Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.     For Further Reading     •   The Appraisal of Real Estate, 13th ed.   •   The Dictionary of Real Estate Appraisal, 4th ed.       Disclaimer     Cancellation Policy Up To 14 days prior to program start date, refund in full. 5 - 13 days prior to program start date, $50.00 cancellation fee. Less than 5 days prior to program start date, forfeit of payment.   Transfer Policy Up To 14 days prior to program start date, no transfer fee. 5 - 13 days prior to program start date, $25.00 transfer fee. Less than 5 days prior to program start date, no transfer allowed.     Program materials will be picked up at the site.     Additional Information     Class will be held in Room 1012 (1st floor of Building 2) at UMD Shady Grove. Click the links below for a campus map and building floor plan. Schedule: Registration begins at 8:30am. Seminar is from 9am-5pm each day with one hour lunch (on your own). There's a cafeteria located in Building 1 Location: Universities at Shady Grove Building 2 - Room 1012 9630 Gudelsky Drive Rockville, MD 20850 301.738.6023 Driving Directions from I-270 • Take the MD-28 W. exit # 6B towards DARNESTOWN • Merge onto W. Montgomery Ave./MD-28 W. • Turn LEFT onto Darnestown Rd. • Turn LEFT onto ShadyGrove Rd. • Turn RIGHT onto Gudelsky Way • Turn LEFT onto Gudelsky Dr. • Parking available in lots 1 and 2 on your left. •  Floor Plan   •  Map

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