Skip to Content (custom)

    Basic Appraisal Principles

    More Info Register
    June 10-23, 2025
    Date
    June 10-23, 2025
    Time
    2:00pm - 6:00pm (CST)
    Sponsor
    Appraisal Institute
    Location
    Appraisal Institute - Synchronous (Live Online)
    Instructor
    Lisa M. Meinczinger-Gulden, SRA, AI-RRS
    Class Time
    28 hours
    Exam Time
    2 Hours
    Full Price
    $480.00
    AI Price
    $405.00
    Enroll by June 9!
    View Pricing Options
    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

     
    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 30 28 2 Synchronous Synchronous 01/24/2024 06/12/2026 19810
    AK QE 30 28 2 Synchronous Synchronous 01/24/2024 06/12/2026 19810
    AL CE 28 28 Synchronous Synchronous 11/14/2024 09/30/2026
    AL QE 30 28 2 Synchronous Synchronous 11/14/2024 09/30/2026 CO2669
    AR CE 30 28 2 Synchronous Synchronous 09/02/2024 06/12/2026 AI029
    AR QE 30 28 2 Synchronous Synchronous 09/01/2024 06/12/2026 AI029
    AZ CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    AZ QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    CA CE 28 28 Synchronous Synchronous 08/25/2024 03/09/2028 20CP754601422
    CA QE 30 28 2 Synchronous Synchronous 08/25/2024 03/09/2028 20CP754601422
    CO CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 2404
    CO CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 2404
    CO QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 2404
    CT CE 18 18 Synchronous Synchronous 06/13/2023 05/09/2026 AAL.000661
    CT QE 30 28 2 Synchronous Synchronous 06/13/2023 05/10/2026 APR.000298
    DC CE 30 28 2 Synchronous Synchronous 01/18/2024 02/28/2026 4078
    DC QE 30 28 2 Synchronous Synchronous 01/18/2024 02/28/2026 4078
    DE CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    DE QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    FL CE 20 20 Synchronous Synchronous 05/24/2023 05/03/2027 0010545
    FL QE 30 28 2 Synchronous Synchronous 09/08/2023 09/07/2025 0010657
    GA CE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 73830
    GA QE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 74391
    GA QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74007
    HI CE 28 28 Synchronous Synchronous 01/01/2024 06/12/2026 23-504
    HI CE 30 28 2 Synchronous Synchronous 01/01/2024 06/12/2026 23-504
    HI QE 30 28 2 Synchronous Synchronous 01/01/2024 06/12/2026 23-504
    IA CE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 A518-1110
    IA CE 28 28 Synchronous Synchronous 06/02/2023 06/01/2026 A518-1109
    IA QE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 A518-1111
    ID CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 520
    ID QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 520
    IL CE 28 28 Synchronous Synchronous 12/23/2024 12/31/2026 575.001112
    IL QE 30 28 2 Synchronous Synchronous 12/26/2024 12/31/2026 573.000380
    IN CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    IN QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    KS CE 28 28 Synchronous Synchronous 01/01/2025 12/31/2025 175.C25.R
    KS QE 30 28 2 Synchronous Synchronous 01/01/2025 12/31/2025 301.P25.R
    KY CE 30 28 2 Synchronous Synchronous 05/31/2025 06/30/2026
    KY QE 30 28 2 Synchronous Synchronous 05/31/2025 06/30/2026
    LA CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026
    LA QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026
    MA CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 120110
    MA QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 120110
    MD CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    MD QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    ME CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    ME QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    MI CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026 20-938565
    MI QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 20-938565
    MN CE 30 28 2 Synchronous Synchronous 08/01/2022 07/31/2026
    MN QE 30 28 2 Synchronous Synchronous 08/01/2022 07/31/2026
    MO CE 28 28 Synchronous Synchronous 06/13/2023 06/12/2026
    MO QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026
    MS CE 28 28 Synchronous Synchronous 04/27/2025 06/12/2026 MAB #50252
    MS QE 30 28 2 Synchronous Synchronous 04/27/2025 06/12/2026 MAB #50252
    MT CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026 REA-CEC-REC-17536
    MT QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 REA-CEC-REC-17536
    NC CE 28 28 Synchronous Synchronous 01/01/2025 12/31/2025
    NC QE 30 28 2 Synchronous Synchronous 01/01/2025 12/31/2025
    ND CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    ND QE 30 28 2 Synchronous Livestream 01/01/2022 QE2403
    ND QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 QE-223013, 74333
    NE QE 30 28 2 Synchronous Synchronous 07/22/2020 06/12/2026 1202434.02
    NH CE 28 28 Synchronous Livestream 01/28/2022 06/12/2026
    NH CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026
    NH QE 30 28 2 Synchronous Livestream 01/28/2022 06/12/2026
    NH QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026
    NJ CE 28 28 Synchronous Synchronous 02/14/2024 06/12/2026 2024-3005
    NJ QE 30 28 2 Synchronous Synchronous 02/14/2024 06/12/2026 2024-3005
    NM CE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 4254
    NM QE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 4254
    NV CE 28 28 Synchronous Synchronous 11/04/2024 10/31/2025 CE.0009602-A
    NV QE 30 28 2 Synchronous Synchronous 08/01/2024 07/31/2025 PL.0009464-A
    NY CE 30 28 2 Synchronous Synchronous 01/01/2025 12/31/2025 A5486
    NY QE 30 28 2 Synchronous Synchronous 10/01/2024 09/30/2025 Q0203-R5
    OH CE 28 28 Synchronous Synchronous 01/01/2025 12/31/2025 084503803A 25
    OH QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    OK CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026 772
    OK QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 601
    OR CE 28 28 Synchronous Synchronous 04/11/2024 06/12/2026 APIN-Q-1121-8899
    OR QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026 APIN-Q-0224-9021
    PA CE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026
    PA QE 30 28 2 Synchronous Synchronous 04/11/2024 06/12/2026
    PR CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    PR QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    RI CE 30 28 2 Synchronous Synchronous 04/11/2024 01/12/2026 REA.0002147-CE
    RI QE 30 28 2 Synchronous Synchronous 04/11/2024 01/12/2026 REA.0002147-CE
    SC CE 30 28 2 Synchronous Synchronous 09/01/2024 08/31/2026 AC . 764
    SC QE 30 28 2 Synchronous Synchronous 09/01/2024 08/31/2026 QE1764, AC . 764
    SD CE 30 28 2 Synchronous Synchronous 03/25/2025 06/12/2026 SD 718
    SD QE 30 28 2 Synchronous Synchronous 03/25/2025 06/12/2026 SD 718
    TN CE 30 28 2 Synchronous Synchronous 05/01/2024 04/30/2026 825
    TN QE 30 28 2 Synchronous Synchronous 05/01/2024 04/30/2026 825
    TX CE 30 28 2 Synchronous Synchronous 11/01/2023 06/12/2025 TX Provider #:10 Course #: 30846
    TX QE 30 28 2 Synchronous Synchronous 11/01/2023 06/12/2026 TX Provider #: 8038 Course #: 48182
    UT CE 28 28 Synchronous Synchronous 10/16/2024 10/31/2026 AC241009
    UT QE 30 28 2 Synchronous Synchronous 10/16/2024 10/31/2026 AQ241010
    VA CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    VT CE 28 28 Synchronous Synchronous 06/02/2024 11/29/2027
    VT QE 30 28 2 Synchronous Synchronous 06/02/2024 11/29/2027
    WA CE 28 28 Synchronous Synchronous 06/02/2023 06/01/2026 A20105828
    WA QE 30 28 2 Synchronous Synchronous 06/02/2023 06/01/2026 A20105828
    WI CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    WI QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 74333
    WV CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026
    WV QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026
    WY CE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 1541
    WY QE 30 28 2 Synchronous Synchronous 06/13/2023 06/12/2026 1541
    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

    Program Overview:

    Online Syllabus

    Assignments:
    No

    Equipment:

    Additional Information:

    Course Materials Include:
    • Course Handbook (432 pp.)
    • Suggested Solutions (160 pp.)
     

    Requirements:
    Live Online Education FAQ

    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 06/09/2025
    $480.00 $405.00
    Have Exam Questions?
    Additional Course Offerings
    Sponsor Date Location Format
    San Diego Chapter June 10-13, 2025 San Diego, CA Classroom View Details Register
    Appraisal Institute On Demand Online View Details Register
    North Star Chapter July 14-17, 2025 St. Cloud, MN Classroom View Details Register
    Event Information

    Class Schedule:
    Class begins each day at 2:00PM Central time (12:00PM Pacific, 1:00PM Mountain, 3:00PM Eastern). Each class runs for four hours (4) each day with at least two breaks during that time. The course runs for eight (7) days. Times shown are U.S. Central (Chicago) All students must be 100% present for the class in order to receive credit. Partial credit will not be awarded. Anyone who isn’t present 100% receives no credit and is responsible for continuing the program on their own time.
    Day 1: Tuesday, June 10, 2-6pm 
    Day 2: Wednesday, June 11, 2-6pm
    Day 3: Thursday, June 12, 2-6pm
    (No class on Friday, Saturday, Sunday, or Monday)
    Day 4: Tuesday, June 17, 2-6pm
    Day 5: Wednesday, June 18, 2-6pm
    Day 6: Thursday, June 19, 2-6pm
    (No class on Friday, Saturday, or Sunday)
    Day 7: Monday, June 23, 2-6pm


    Exam:  
    You will have 90 days from the time that you complete the course to take the proctored exam, either online or at a testing center. You can schedule the exam within 48 business hours after the course has been marked for completion. Review your account for the “Schedule Your Exam” messaging. 
    Testing center locations in your area can be found by clicking on this link: www.pearsonvue.com/ai. For more information, visit our Exam FAQ page.


    Download Course Materials:

    • Login to your AI Account at www.appraisalinstitute.org with the username and password you used when you registered. 
    • Click on “Education and Events” located in the menu on the right-hand side. 
    • On the My Events page, find the course under the “Classroom Offerings/Synchronous Offerings/Conferences” heading and click the "View" button. 
    • Scroll down to the “Download Course Materials” section and click on each link to download the course materials.

    Location:
    This course will be held via live interactive classroom technology. See below important participation requirements.

    State Credit:
    A course may NOT be approved in every state for every delivery format. For example, some states do NOT allow any virtual education. When registering for any Appraisal Institute course, all participants will be required to check state approvals based on delivery format. For more information, see our state approvals page.

    Participation Requirements: AI National Synchronous students are required to have a computer, webcam, and microphone capability to participate and receive continuing or qualifying education credit where approved. It is the student’s responsibility to have the required equipment to participate and receive credit. Visit the System Requirements for Attendees and Share Webcam pages for help.

    • All students are required to always keep their webcam on with their entire face fully visible while class is in session. 
    • Attendance will be monitored throughout the day through webcams and polling. 
    • A photo ID must be uploaded to the offering page prior to the start date of the offering. Please refer to the Appraisal Institute Synchronous Resources for instructions on how to upload your ID. 
    • Any issues with the upload, please contact customerservice@appraisalinstitute.org or call (888) 756-4624.
      The instructor must be able to interact with all students. Instructors and administrators will direct questions to each student in the morning and afternoon to which students must respond. Students must be in a location that allows for their full attention and interaction at all times.
      For questions regarding these classroom participation requirements, contact the Appraisal Institute at customerservice@appraisalinstitute.org or call (888) 756-4624.
      Connection Information:
      Several minutes after you receive your Appraisal Institute receipt email, you will receive a second email from GoToTraining which will include instructions on connecting to the live session and a link to a small download of the GoToTraining software. The software runs on almost all operating systems and popular browsers. Connection email reminders are sent at specific intervals: 1 week, 1 day, and 1 hour prior to the live session start time. If you do not receive the connection information, please check your junk, spam, or quarantine folders. For questions, please email customerservice@appraisalinstitute.org or call (888) 756-4624
      Note: Work devices with strong VPNs or firewalls have trouble connecting to GTT systems. It is recommended to use your personal device or to reach out to your organization’s IT department for assistance prior to the first session.