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Overview:
This seminar will help appraisers understand and use construction documents when preparing appraisals. Both residential and non-residential examples are used throughout the seminar. Since construction language is universal regardless of property types, the examples and discussion will be meaningful to all participants.
The seminar employs readings, examples which relate construction documents to valuation issues, case studies involving both residential and non-residential properties, a discussion/bulletin board area, hyperlinks to related sites, and email. The case studies show participants how to read, understand and extract value-significant information from construction drawings; how to use construction drawings to complete a functional utility analysis; and how construction drawings relate to the cost of construction.
Note: The blueprints are available digitally in PDF format, so the course can be started right away. After registering for this class, a packet of construction drawings will be mailed to you. Please allow 7 days for delivery.
Syllabus:
Introduction
Module 1: The Languages of Construction
Module 2: Understanding Construction Documents
Module 3: Case Study - Single Family Residence
Module 4: The Density Concept
Module 5: Case Study - Industrial Property
Module 6: Problem Areas and Compliance with USPAP
Appendix: Tools to Help Appraisers Estimate the Value of Property Using Construction Documents
Learning Objectives:
Recognize the terminology and symbols used in construction documents.
Identify the components and uses of a set of construction drawings.
Identify the components and uses of a set of construction specifications.
Demonstrate understanding of the density concept and how it relates to cost of construction.
Recognize the relationships between and problems which occur from different types of cost, including architects' estimates, contractor's affidavits, and appraisers' cost systems.
Recognize problem areas with the three approaches to value which must be addressed when appraising using construction drawings.
Recognize problems that arise relative to compliance when using provisions of USPAP when using construction documents.
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Appraisal Institute Credit Hours
Attendance Hours: 7.0
Exam Hours: 0.0
Category
General/Residential [G/R]
Required Technology
None
Recommended Text
None.
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Tuition
Member: $ 114.00
Regular: $ 137.00
Click Here for State Approvals 
Instructor
Winfield L. Cooper, SRA
Contact Name
John Witham
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Disclaimer
I agree to the terms and policies set forth under the Appraisal Institute Online Education Policy. I also certify that I am the person identified above under Personal Data and that I will personally complete each assigned module of instruction and any examination(s). I understand and agree that if I misrepresent my identity or arrange for someone else to represent himself or herself as me at any time during the Appraisal Institute online course or seminar, I will be immediately removed from the course or seminar and I will not be entitled to any refund. I further understand that if I am a member of the Appraisal Institute and participated in any misrepresentation of identity, by affirmative act or failure to act, that I will be the subject of a peer review proceeding under Regulation No. 6 for violation of the Appraisal Institute's Code of Professional Ethics and Standard of Professional Appraisal Practice, and that such peer review proceeding may result in termination of my Appraisal Institute membership.
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Additional Information
For online education, you will receive an email from the instructor on the morning of the session start date that will remind you of your login information and the website address to begin your program.
To start immediately if you registered for an online education session in progress (on or after the session start date), go to www.appraisalinstitute.org and log in with the username and password you used when you registered. You will automatically be taken to the "My Appraisal Institute" page. Near the middle of that page your course will be listed with a link next to it that says "Go To Class".
If you have any questions, please email us at tbe@appraisalinstitute.org.
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Online Class Schedule |
Can I enroll in a session that is already in progress?
11/01/2009 - 12/01/2009
Instructor: Cooper, Winfield L., SRA
11/15/2009 - 12/15/2009
Instructor: Cooper, Winfield L., SRA
12/01/2009 - 12/31/2009
Instructor: Cooper, Winfield L., SRA
12/15/2009 - 01/14/2010
Instructor: Cooper, Winfield L., SRA
01/01/2010 - 01/31/2010
Instructor: Cooper, Winfield L., SRA
01/15/2010 - 02/14/2010
Instructor: Cooper, Winfield L., SRA
02/01/2010 - 03/03/2010
Instructor: Cooper, Winfield L., SRA
02/15/2010 - 03/17/2010
Instructor: Cooper, Winfield L., SRA
03/01/2010 - 03/31/2010
Instructor: Cooper, Winfield L., SRA
03/15/2010 - 04/14/2010
Instructor: Cooper, Winfield L., SRA
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