Basic Appraisal Principles
Register
- Date
- On Demand
- Location
- Sponsor
- Appraisal Institute
- Instructor
- Richard C. DuBay, SRPA, SRA
- Class Time
- 28 hours
- Exam Time
- 2 Hours
- Full Price
- $480.00
- AI Price
- $405.00
Course Description
If you’re considering a career in professional valuation services, your journey should begin with Basic Appraisal Principles. This four-day course will introduce you to real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, real estate markets and analysis, highest and best use, and ethical considerations. The course should provide a solid foundation in basic appraisal principles no matter what appraisal specialty you pursue.
Co-developed by the Appraisal Institute, ASA, and ASFMRA
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Who Should Enroll
- Beginning real property appraisers
- Real estate professionals
- Users of appraisal services
- College students
- Accountants
AI CE Points
Attend:
150
Attend & Pass Exam:
200
Pass Only:
150
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|---|
| AK | CE | 28 | 28 | Online | Online | 09/21/2022 | 07/08/2024 | 18414 | |
| AK | QE | 30 | 28 | 2 | Online | Online | 09/21/2022 | 06/01/2025 | 18414 |
| AL | CE | 28 | 28 | Online | Online | 10/01/2022 | 09/30/2024 | C02668 | |
| AL | QE | 30 | 28 | 2 | Online | Online | 10/01/2022 | 09/30/2024 | C02668 |
| AR | CE | 28 | 28 | Online | Online | 05/06/2022 | 05/06/2024 | ||
| AR | QE | 30 | 28 | 2 | Online | Online | 05/06/2022 | 05/06/2024 | |
| AZ | CE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| AZ | QE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| CA | CE | 28 | 28 | Online | Online | 06/24/2023 | 06/23/2027 | 07754116 | |
| CA | QE | 30 | 28 | 2 | Online | Online | 06/24/2023 | 06/23/2027 | 07754116 |
| CO | CE | 30 | 28 | 2 | Online | Online | 03/08/2023 | 06/01/2025 | 2373 |
| CO | CE | 30 | 28 | 2 | Online | Online | 03/08/2023 | 06/01/2025 | 2373 |
| CO | CE | 28 | 28 | Online | Online | 03/08/2023 | 06/01/2025 | 2373 | |
| CO | CE | 28 | 28 | Online | Online | 03/08/2023 | 06/01/2025 | 2373 | |
| CO | QE | 30 | 28 | 2 | Online | Online | 03/08/2023 | 06/01/2025 | 2373 |
| CO | QE | 30 | 28 | 2 | Online | Online | 03/08/2023 | 06/01/2025 | 2373 |
| CT | CE | 28 | 28 | Online | Online | 04/13/2022 | 04/10/2024 | AAL.000928 | |
| CT | QE | 30 | 28 | 2 | Online | Online | 01/01/2022 | 01/01/2025 | APR.000269 |
| DC | CE | 28 | 28 | Online | Online | 03/01/2020 | 02/28/2024 | 4008 | |
| DC | QE | 30 | 28 | 2 | Online | Online | 03/01/2020 | 02/28/2024 | 4008 |
| DE | CE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| DE | QE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| FL | CE | 20 | 20 | Online | Online | 12/12/2022 | 12/11/2024 | 0009054 | |
| FL | QE | 30 | 28 | 2 | Online | Online | 05/29/2023 | 05/28/2025 | 0009413 |
| GA | CE | 28 | 28 | Online | Online | 06/02/2023 | 06/01/2025 | 70821 | |
| GA | QE | 30 | 28 | 2 | Online | Online | 06/02/2022 | 06/01/2025 | 74676 |
| HI | CE | 30 | 28 | 2 | Online | Online | 06/02/2022 | 12/31/2023 | 22-173 |
| HI | CE | 28 | 28 | Online | Online | 06/02/2022 | 12/31/2023 | 22-173 | |
| HI | CE | 30 | 28 | 2 | Online | Online | 01/01/2024 | 12/31/2024 | 23-378 |
| HI | CE | 28 | 28 | Online | Online | 01/01/2024 | 12/31/2024 | 23-378 | |
| HI | QE | 30 | 28 | 2 | Online | Online | 06/02/2022 | 12/31/2023 | 22-173 |
| HI | QE | 30 | 28 | 2 | Online | Online | 01/01/2024 | 12/31/2024 | 23-378 |
| IA | CE | 30 | 28 | 2 | Online | Online | 04/29/2022 | 06/01/2025 | A518-1056 |
| IA | CE | 28 | 28 | Online | Online | 04/29/2022 | 06/01/2025 | A518-595 | |
| IA | QE | 30 | 28 | 2 | Online | Online | 04/29/2022 | 06/01/2025 | A518-596 |
| ID | CE | 28 | 28 | Online | Online | 09/09/2022 | 06/01/2025 | ||
| ID | QE | 30 | 28 | 2 | Online | Online | 09/09/2022 | 06/01/2025 | |
| IL | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2024 | 575.001370 | |
| IL | QE | 30 | 28 | 2 | Online | Online | 01/01/2022 | 12/31/2024 | 573.000583 |
| IN | CE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| IN | QE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| KS | CE | 30 | 28 | 2 | Online | Online | 06/05/2023 | 12/31/2023 | 449.C23.N |
| KS | QE | 30 | 28 | 2 | Online | Online | 01/01/2023 | 12/31/2023 | 301.P22.R |
| KY | CE | 30 | 28 | 2 | Online | Online | 07/01/2023 | 06/30/2024 | |
| KY | QE | 30 | 28 | 2 | Online | Online | 07/01/2023 | 06/30/2024 | |
| LA | CE | 28 | 28 | Online | Online | 09/09/2019 | |||
| LA | QE | 30 | 28 | 2 | Online | Online | 09/09/2019 | ||
| MA | CE | 28 | 28 | Online | Online | 06/13/2022 | 04/10/2024 | 120041 | |
| MA | QE | 30 | 28 | 2 | Online | Online | 03/27/2023 | 06/01/2025 | 120149 |
| MD | CE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| MD | QE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| ME | CE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| ME | QE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| MI | CE | 28 | 28 | Online | Online | 06/02/2022 | 04/10/2024 | 3000 | |
| MI | QE | 30 | 28 | 2 | Online | Online | 06/02/2022 | 04/10/2024 | 3000 |
| MN | CE | 30 | 28 | 2 | Online | Online | 03/01/2023 | 02/28/2025 | 1017880 |
| MN | QE | 30 | 28 | 2 | Online | Online | 03/01/2023 | 02/28/2025 | 1017879 |
| MO | CE | 28 | 28 | Online | Online | 04/22/2022 | 06/01/2025 | ||
| MO | QE | 30 | 28 | 2 | Online | Online | 04/22/2022 | 06/01/2025 | |
| MS | CE | 28 | 28 | Online | Online | 10/27/2022 | 10/27/2024 | MAB #49735 | |
| MS | QE | 30 | 28 | 2 | Online | Online | 10/27/2022 | 10/27/2024 | MAB# 49735 |
| MT | CE | 28 | 28 | Online | Online | 05/04/2022 | 05/04/2025 | REA-CEC-REC-14320 | |
| MT | QE | 30 | 28 | 2 | Online | Online | 05/04/2022 | 05/04/2025 | REA-CEC-REC-14320 |
| NC | QE | 30 | 28 | 2 | Online | Online | 01/01/2023 | 12/31/2023 | |
| ND | CE | 30 | 28 | 2 | Online | Online | 09/05/2007 | QE-2709 | |
| ND | QE | 30 | 28 | 2 | Online | Online | 09/05/2007 | QE-2709 | |
| NE | CE | 28 | 28 | Online | Online | 06/01/2022 | 06/01/2025 | ||
| NE | QE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| NH | CE | 30 | 28 | 2 | Online | Online | 07/07/2022 | 06/01/2025 | |
| NH | QE | 30 | 28 | 2 | Online | Online | 03/01/2023 | 06/01/2025 | |
| NJ | CE | 28 | 28 | Online | Online | 04/20/2022 | 2022-3452 | ||
| NJ | QE | 30 | 28 | 2 | Online | Online | 04/20/2022 | 2022-3452 | |
| NM | CE | 28 | 28 | Online | Online | 06/02/2022 | 06/01/2025 | 1985 | |
| NM | QE | 30 | 28 | 2 | Online | Online | 06/02/2022 | 06/01/2025 | 1985 |
| NV | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2023 | CE.0009526-A | |
| NV | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2023 | CE.0009526-A | |
| NV | CE | 28 | 28 | Online | Online | 01/01/2024 | 12/31/2024 | CE.0009526-A | |
| NV | QE | 30 | 28 | 2 | Online | Online | 08/01/2023 | 08/01/2024 | PL.0009526-A |
| NY | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2023 | A5486-28 | |
| NY | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2023 | A5487-28 | |
| NY | CE | 28 | 28 | Online | Online | 01/01/2024 | 12/31/2024 | A5487-28 | |
| NY | QE | 30 | 28 | 2 | Online | Online | 10/01/2023 | 09/30/2024 | Q0203 R5 |
| OH | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2023 | 923303809A 22 | |
| OH | CE | 28 | 28 | Online | Online | 01/01/2023 | 12/31/2023 | 923303809A 22 | |
| OH | CE | 28 | 28 | Online | Online | 01/01/2024 | 12/31/2024 | 923401009A 22 | |
| OH | QE | 30 | 28 | 2 | Online | Online | 01/01/2012 | ||
| OH | QE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| OK | CE | 28 | 28 | Online | Online | 04/25/2022 | 06/01/2025 | 60B | |
| OK | QE | 30 | 28 | 2 | Online | Online | 04/25/2022 | 06/01/2025 | 60B |
| OR | CE | 28 | 28 | Online | Online | 06/02/2022 | 06/01/2025 | APIN-Q-0323-8972 | |
| OR | QE | 30 | 28 | 2 | Online | Online | 06/02/2022 | 06/01/2025 | APIN-Q-0323-8971 |
| PA | CE | 30 | 28 | 2 | Online | Online | 06/02/2022 | 06/01/2025 | |
| PA | QE | 30 | 28 | 2 | Online | Online | 06/16/2022 | 06/01/2025 | |
| PR | CE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| PR | QE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| RI | CE | 28 | 28 | Online | Online | 04/11/2022 | 06/01/2025 | REA.0001861-CE | |
| RI | QE | 30 | 28 | 2 | Online | Online | 04/11/2022 | 06/01/2025 | REA.0001861-CE |
| SC | QE | 30 | 28 | 2 | Online | Online | 09/01/2022 | 08/31/2024 | AS.1DQE-1 |
| SD | CE | 30 | 28 | 2 | Online | Online | 07/12/2022 | 05/31/2025 | SD 456 |
| SD | QE | 30 | 28 | 2 | Online | Online | 05/13/2022 | 05/13/2025 | SD 456 |
| TN | CE | 28 | 28 | Online | Online | 09/01/2022 | 08/31/2024 | 2405 | |
| TN | QE | 30 | 28 | 2 | Online | Online | 09/01/2022 | 08/31/2024 | 2405 |
| TX | CE | 28 | 28 | Online | Online | 06/13/2022 | 06/13/2024 | TX Provider #: 10 Course #: 39238 | |
| TX | QE | 30 | 28 | 2 | Online | Online | 06/13/2023 | 06/01/2025 | TX Provider #:8038 Course #: 27856 |
| UT | CE | 28 | 28 | Online | Online | 03/16/2023 | 03/31/2025 | AC230322 | |
| UT | QE | 30 | 28 | 2 | Online | Online | 03/15/2022 | 03/31/2024 | AQ220308 |
| VA | CE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| VA | QE | 30 | 28 | 2 | Online | Online | 08/01/2022 | 07/31/2024 | 4006000559 |
| VT | CE | 28 | 28 | Online | Online | 08/20/2007 | 04/08/2024 | ||
| VT | QE | 30 | 28 | 2 | Online | Online | 06/02/2022 | 03/02/2027 | CA-171780 |
| WA | CE | 28 | 28 | Online | Online | 11/15/2021 | 04/10/2024 | A21034238 | |
| WA | QE | 30 | 28 | 2 | Online | Online | 11/15/2021 | 04/10/2024 | A21034238 |
| WI | CE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| WI | QE | 30 | 28 | 2 | Online | Online | 06/01/2022 | 06/01/2025 | 56729 |
| WV | CE | 28 | 28 | Online | Online | 06/13/2023 | 06/01/2025 | ||
| WV | QE | 30 | 28 | 2 | Online | Online | 06/13/2023 | 06/01/2025 | |
| WY | CE | 28 | 28 | Online | Online | 04/07/2022 | 06/01/2025 | ||
| WY | QE | 30 | 28 | 2 | Online | Online | 04/07/2022 | 06/01/2025 |
Course Objectives
- Recognize the components of ethical and competent appraisal practice.
- Recognize the distinctive differences among land, real property, real estate, and personal property.
- Recognize and identify the three major land description systems.
- Recognize the major components that appear in all definitions of market value.
- Recognize the definitions of the economic principles of change, anticipation, supply and demand, competition, substitution, balance, externalities, and highest and best use.
- Solve basic real estate math problems in fractions, decimals, and percentages.
- Solve for mean, median, and mode.
- Use a financial calculator to perform mortgage calculations and to solve problems in simple and compound interest.
- Recognize the definitions of appraisal practice, valuation services, appraisal review, and other key terms.
- Identify the basic components in the appraiser’s scope of work decision.
Course Details
Table of Contents and Overview
Course Schedule
Online & Synchronous
Prerequisites
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Standard
Today thru 12/31/2050 |
$480.00 | $405.00 |
Have Exam Questions?
Additional Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| Appraisal Institute | April 30 - May 10, 2024 | Synchronous | View Details | Register | |
| Appraisal Institute | August 19-29, 2024 | Synchronous | View Details | Register | |
| Chicago Chapter | February 12-15, 2024 | Chicago, IL | Classroom | View Details | Register |
| Appraisal Institute | July 9-19, 2024 | Synchronous | View Details | Register | |
| Tennessee Chapter | June 10-13, 2024 | NASHVILLE, TN | Classroom | View Details | Register |
| Appraisal Institute | January 2-12, 2024 | Synchronous | View Details | Register |