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Appraising High Value and Historic Homes

EMAIL   Date: April 16, 2010   Location: Rockville, MD
 
  Seminar    
Category  Residential [Res]  
Attendance Hours  7.0  
Current Price  $ 185.00 Member *
$ 205.00 Regular *
* includes late fee
Late Fee  $ 10.00
 
  Instructor    
Robert M. Ludwig, 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  info@appraisalinstitutedc.org  
Phone  (301) 924-1020  
 
  Description    
Like many other situations encountered in residential appraising, the valuation of high-value and historic homes can be difficult. The properties involved can be odd, unusual, and even unique. Appraisers might wonder where to begin and question their competence or expertise, and refer the work to another appraiser.

Does historic value exist? Appraising high-value residences presents unusual challenges. During this seminar, you will learn techniques to define and analyze market area, determine highest and best use, and apply the sales comparison approach when valuing an estate or mansion. In addition to these challenges, appraisers are sometimes asked to consider a property’s “historic value” as part of an appraisal assignment.

This seminar will expand your understanding of these unusual residential property types. As experts, appraisers are already familiar with the basic concepts of real estate appraisal and methods of valuation. This seminar is designed to apply those basics to more unusual situations encountered in appraisal practices.
 
  Audience    
Real estate appraisers, architects, home builders, lenders
 
  Equipment    
An HP-19BII, HP-17BII, HP-12C, or equivalent calculator
 
  For Further Reading    
  Historic Properties: Preservation and the Valuation Process, Second Edition  
  Appraising the Tough Ones: Createive Ways to Value Complex Residential Properties  
 
  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 101 (1st floor of Building 1) 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 with a one hour lunch (on your own). There are cafeterias located in Buildings 2 and 3.

Location:
Universities at Shady Grove
Building 1 - Room 101
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.






  Map  

  Floor Plan  

 

 
 
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