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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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