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Residential Market Analysis and Highest & Best Use

    Date: September 30 - October 1, 2013   Location: Indianapolis, IN
 
  Course    
Category  Residential [Res]  
Attendance Hours  14.0  
Exam Hours  1.0  
Current Price  $ 300.00 AI
$ 325.00 Full
 
  Instructor    
Charles L. Cather, SRA  
    
 
  Location    
Name  Indianapolis, IN  
Address  9247 North Meridian Street  
   Classroom I (first floor - north end)  
City  Indianapolis  
State  IN  
Zip  46260  
 
Click Here to check state approvals
    
 
  Sponsor / Contact    
Chapter  Hoosier State
Website  www.aihsc.org  
Contact Name  Shannon O'Keefe  
Email  aihoosierstate@sbcglobal.net  
Phone  (317) 815-1340  
 
  Description    
This two-day course provides a fresh look at the relationship between market analysis and highest and best use. Discover where to find the information you need to make a highest and best use decision and how to interpret the information you find. Learn how to read and map a market area for a subject property and discover the essential links between market analysis, highest and best use analysis, and the three approaches to value (cost, sales comparison, and income capitalization). Gain practical experience by solving highest and best use problems similar to problems you might encounter in the real world. Theory is translated into practice through extensive and varied classroom activities encouraging you to become actively involved in applying concepts to real-world situations. Successful completion of the course and exam should satisfy most states’ education requirements in the content area identified as residential market analysis and highest and best use.



AICP members may be able to earn Certification Maintenance (CM) credits for this activity. Visit www.planning.org/cm for a list of approved offerings.


Downloads
  • Table of Contents and Overview [PDF]
  • Course Schedule [PDF]
  •  
      Audience    
    Residential appraisers seeking licensing and residential appraisers who want to learn more about how proper market analysis supports highest & best use conclusions and other steps in the valuation process
     
      Equipment    
  • HP12C Calculator
  • Free Review—Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems
  •  
      Prerequisites    
    Successful completion of Basic Appraisal Principles, Basic Appraisal Procedures, 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    
      Residential Market Analysis and Highest & Best Use  
      The Appraisal of Real Estate, 13th ed.  
      The Dictionary of Real Estate Appraisal, 5th ed.  
     
      Disclaimer    
    Cancellation Policy
    • Up To 15 days prior to program start date, refund in full.
    • 10 - 14 days prior to program start date, $100.00 cancellation fee.
    • Less than 10 days prior to program start date, forfeit of payment.
      Transfer Policy
    • Up To 15 days prior to program start date, $25.00 transfer fee.
    • 10 - 14 days prior to program start date, $50.00 transfer fee.
    • Less than 10 days prior to program start date, no transfer allowed.
      Program Material Policy

    Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. If this material has been shipped and you request a registration cancellation, you will automatically be charged a $25.00 fee and you may keep the material. Once the fee is charged, your refund will be processed. Material returns are no longer accepted. Contact the offering sponsor for more information.
    • Cancel Offering, $25.00 material fee.


    Program materials will be shipped directly to the student. If you do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
     
      Additional Information    
    CLASS LOCATION: 9247 N. Meridian Street, Indianapolis, IN 46260. Classroom is on the first floor north end of building.

    ATTENDANCE: Please note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY at 8:30AM. Following Appraiser Qualifications Board minimum criteria requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION PROGRAMS. Students should not be late or leave early. Those missing class times may not receive credit.

    HOTELS: To take advantage of special rates that the Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking any of the following accommodations:

    Hyatt Place
    9104 Keystone Crossing
    Indianapolis, IN 46240
    1-888-492-8847
    317-843-0064
    tracy.walkup@Hyatt.com
    ($102 King or Double Bed)Complimentary continental breakfast, internet, Hyatt's Stay Fit Gym, & swimming pool.


    HILTON HOMEWOOD SUITES
    2501 East 86th Street
    Indianapolis, IN 46240
    1-800-225-5466
    317-253-1919
    ($107 Great Value!) Large 1 bedroom suites with a separate kitchen and living room, fully renovated in 2009. All stays include a complimentary full hot breakfast, dinner with cocktails M-TH, high speed internet, a workout facility & transportation to the classroom. To register online, cut and paste the following into your web browser: http://homewoodsuites.hilton.com/en/hw/reservations/index.jhtml?hotel=INDKCHW&corporateCode=560004829

    MARRIOTT SPRINGHILL SUITES
    11855 North Meridian Street
    Carmel, IN 46032
    1-888-287-9400
    ($99): all-suite hotel with newly renovated suites, complimentary hot breakfast buffet, free Wi-Fi, complimentary health club membership in addition to onsite workout facility, indoor pool and whirlpool

    COMFORT INN & SUITES
    9090 Wesleyan Road
    Indianapolis, IN 46268
    1-800-414-6423
    317-875-7676
    ($59.95); room and deluxe continental breakfast