What do I need to know? What do I need to look out for? How can I do it better?
Land valuation is one of the most complex issues in appraisal. Credible and accurate land appraisals are critical to protecting the financial interests of land users, equity investors, and debt investors. However, inadequate appraisal reports
can compromise these interests.
In this webinar, experts in the field will present information and perspectives on best practices in land valuation.
Webinar speakers will discuss:
- Understanding the subject property and highest and best use.
- Changes in property value versus changes in land value.
- Rudiments and complexities of land valuation.
- Out of the ordinary assignments.
Join us to learn how you can improve and produce excellent land valuations.
Date: November 6, 2013
Time: 10:00 am PT, 11:00 am MT, 12:00 pm CT, 1:00 pm ET
Duration: 2 hours
CE Credit: Appraisal Institute members who attend will receive 2 hours of Appraisal Institute continuing education credit. Completion certificates will not be sent. This is not approved
for state continuing education credit.
Patricia M. Amidon, MAI, is known for her expertise in commercial, industrial and land appraisals and valuing complex properties. She started her career as a real estate appraiser in 1983 earning her designation from the
Appraisal Institute in 1992. She founded Amidon Appraisal Company in 1991 and has enjoyed the challenges of valuing real estate interests of unusually complex and unique properties. She was president of the Maine Chapter in 2001 and
served on the AI Government Relations Committee from 2002 through 2010. She is a three time recipient of the Maine Chapter Service Award, and chaired the Maine Chapter Education Committee for a number of years.
Some of her more intriguing assignments have included valuing a bridge shadow easement, an independent spent fuel storage facility, utility corridors and myriad types of conservation easements, as well as developing the basis for
assessing time shares. During her career she has testified before multiple municipal boards and in state and federal courts on valuation issues. Working in the Maine market, she recognizes the need to be capable of appraising a wider
variety of property types than one who practices in more economically concentrated urban areas.
Her double major in anthropology and history from Kirkland College has been very helpful in solving appraisal problems as has her junior year in high school math teacher, Ms. Fugil, who taught her how to solve word problems and
analyze complex data. In addition to reviewing appraisal reports via the Internet, the summer of 2013 was spent learning diesel engine maintenance, navigation and boat handling skills while cruising New York State canals and Lake
Champlain with her husband, Bob, aboard the trawler Velomer. The Amidons have two children, neither of whom has written home for money for more than four years, and twin grandchildren, all of whom bring immeasurable joy to their
James H. Boykin, MAI, SREA, Ph.D., is a real estate analyst and consultant specializing in land and conservation easement appraisal reviews. For 31 years, he was an endowed chair professor of real estate and Director
of the Virginia Real Estate Research Center at Virginia Commonwealth University. He has qualified as a real estate expert in 15 different courts of law and lectured in many cities in 35 states and in Puerto Rico and Northern
Jack has served in numerous capacities for the Appraisal Institute, including regional vice president and twice as a member of its governing council. He has served on several corporate and national boards of directors. He is listed
in numerous biographies, including Outstanding Educators of America and Who’s Who in Real Estate.
He has authored many journal articles as well as written or been editor-in-chief of seventeen books and monographs including Basic Income Property Valuation, Real Estate Counseling, Land Valuation Adjustment Procedures and
Assignments, and Transfer Methods and Valuation Procedures for Conservation Easements. Two of his valuation articles received the Armstrong Award for “the most outstanding article in The Appraisal Journal.” The
latest, in 2006, was for “Addressing Enhancement in Conservation Easement Appraisals.”
Robert M. Greene, MAI, SRA, Ph.D., is president of G&A Valuation, Inc. Mr. Greene has experience appraising a wide variety of properties, including industrial, retail, office, service, and multifamily residential
property. He has special expertise in eminent domain, including full and partial takings. He has appraised in several states and in Europe. He serves on the national Comprehensive Examination Panel and the University Relations Panel of
the Appraisal Institute. He is also an adjunct professor at Portland State University Center for Real Estate, and he was the 2012 President of the Greater Oregon Chapter of the Appraisal Institute. He has served on the faculty of the
annual Oregon Eminent Domain Seminar in 2009 and 2012. His scholarly article “Market Conditions Adjustments for Residential Development Land in a Declining Market” appeared in the Winter 2012 issue The Appraisal Journal; he is
also featured and quoted in Valuation: Insights and Perspectives for Real Estate Appraisers, First Quarter 2013. He was recently invited to become a member of the review panel of The Appraisal Journal, the leading
scholarly publication for real estate valuation professionals. In 2013 he was awarded the Swango Award for “the best article published in The Appraisal Journal during the previous year on residential, general, or technology-related
topics or for original research of benefit to real estate analysts and valuers.”