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Residential Site Valuation and Cost Approach
March 19 - 20, 2014
Charles L. Cather, SRA
9247 North Meridian Street
to check state approvals
Sponsor / Contact
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.
Table of Contents and Overview
Beginning appraisers seeking residential licensure and/or certification with introductory experience and an understanding of the fundamental concepts of appraising
Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
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
Successful completion of
Basic Appraisal Principles
Basic Appraisal Procedures
National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour
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, 14th ed.
The Dictionary of Real Estate Appraisal, 5th ed.
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.
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.
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:
251 E. Pennsylvania Parkway
Indianapolis, IN 46280
($99, King/Double or $139, Executive Suite + 12% occupancy/sales tax) Hotel has full service restaurant & lounge, fitness center, indoor pool/jacuzzi, & high speed internet access. All rooms have refrigerators & microwaves. Complimentary breakfast coupon and shuttle service to and from the classroom is included. When booking this hotel online at: www.holildayinn.com/indycarmel please use the following Corporate ID# 100215437 or request Appraisal Institute rate if calling to get quoted rate.
9104 Keystone Crossing
Indianapolis, IN 46240
($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
($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
($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
($59.95); room and deluxe continental breakfast