
- Date
- September 2-11, 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
Course Description
Apply the principles and concepts learned in Basic Appraisal Principles. This four-day course takes you step-by-step through the valuation process: defining the problem, collecting and analyzing data, reaching a final opinion of value, and communicating the appraisal. Learn about the three approaches to reaching an opinion of value—income capitalization, cost, and sales comparison—and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, learn how rates and multipliers are derived. Through case studies discover the steps and concepts involved in the cost approach—how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation and methods for estimating and allocating depreciation; and land and site valuation. The course will guide you through the sales comparison approach including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciliation. Complete key sections of an appraisal report. Finally, the course provides an introduction to property description and construction and design basics. |
Who Should Enroll
- Beginning real property appraisers
- Real estate professionals
- Users of appraisal services
- College students
- Accountants
AI CE Points
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 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | 19768 | |
AK | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | 19768 |
AL | CE | 28 | 28 | Synchronous | Synchronous | 11/14/2024 | 09/30/2026 | C02670 | |
AL | QE | 30 | 28 | 2 | Synchronous | Synchronous | 11/14/2024 | 09/30/2026 | CO2670 |
AR | CE | 30 | 28 | 2 | Synchronous | Synchronous | 09/02/2024 | 06/12/2026 | AI030 |
AR | QE | 30 | 28 | 2 | Synchronous | Synchronous | 09/02/2024 | 06/12/2026 | AI030 |
AZ | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | 74333, 76957 |
AZ | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 76957 |
CA | CE | 28 | 28 | Synchronous | Synchronous | 08/25/2024 | 03/09/2028 | 20CP754601423 | |
CA | QE | 30 | 28 | 2 | Synchronous | Synchronous | 08/25/2024 | 03/09/2028 | 20CP754601423 |
CO | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/16/2023 | 06/12/2026 | 2405 |
CO | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/16/2023 | 06/12/2026 | 2405 |
CT | CE | 18 | 18 | Synchronous | Synchronous | 06/16/2023 | 05/28/2026 | AAL.001059 | |
CT | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/27/2024 | 06/12/2026 | APR.000324 |
DC | CE | 30 | 28 | 2 | Synchronous | Synchronous | 01/18/2024 | 02/28/2026 | 4079 |
DC | QE | 30 | 28 | 2 | Synchronous | Synchronous | 01/18/2024 | 02/28/2026 | 4079 |
DE | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | 74333, 76957 |
DE | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 76957 |
FL | CE | 20 | 20 | Synchronous | Synchronous | 03/06/2023 | 05/03/2027 | 0010544 | |
GA | CE | 28 | 28 | Synchronous | Synchronous | 06/16/2023 | 06/12/2026 | 74390 | |
GA | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/16/2023 | 06/12/2026 | 74390 |
HI | CE | 30 | 28 | 2 | Synchronous | Synchronous | 01/01/2024 | 06/12/2026 | 23-410 |
HI | CE | 28 | 28 | Synchronous | Synchronous | 01/01/2024 | 06/12/2026 | 23-410 | |
HI | QE | 30 | 28 | 2 | Synchronous | Synchronous | 01/01/2024 | 06/12/2026 | 23-410 |
IA | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/02/2023 | 05/28/2026 | A518-1113 |
IA | CE | 28 | 28 | Synchronous | Synchronous | 06/02/2023 | 05/28/2026 | A518-1112 | |
IA | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/02/2023 | 05/28/2026 | A518-1114 |
ID | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/16/2023 | 06/12/2026 | 21446 |
ID | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/16/2023 | 06/12/2026 | 21446 |
IL | CE | 30 | 28 | 2 | Synchronous | Synchronous | 01/01/2025 | 12/31/2026 | 573.000382 |
IL | QE | 30 | 28 | 2 | Synchronous | Synchronous | 01/01/2025 | 12/31/2026 | 573.000382 |
IN | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | 74333, 76957 |
IN | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 76957 |
KS | CE | 28 | 28 | Synchronous | Synchronous | 01/01/2025 | 12/31/2025 | 176.C25.R | |
KS | QE | 30 | 28 | 2 | Synchronous | Synchronous | 01/01/2025 | 12/31/2025 | 304.C25.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 | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | A0002 |
LA | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | A0002 |
MA | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 10051184 |
MA | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | 10051050 |
MD | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | 74333, 76957 |
MD | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 76957 |
ME | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | 74333, 76957 |
ME | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 76957 |
MI | CE | 30 | 28 | 2 | Synchronous | Synchronous | 09/05/2023 | 09/05/2026 | 20 - 1103234 |
MI | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/12/2024 | 03/12/2027 | 20-1179834 |
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 | 03/26/2024 | 06/12/2026 | ||
MO | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | |
MS | CE | 28 | 28 | Synchronous | Synchronous | 03/26/2024 | 03/25/2026 | MAB #49108 | |
MS | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 03/25/2026 | MAB #49108 |
MT | CE | 28 | 28 | Synchronous | Synchronous | 03/26/2024 | 05/28/2026 | REA-CEC-REC-17192 | |
MT | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 05/28/2026 | REA-CEC-REC-17192 |
NC | QE | 30 | 28 | 2 | Synchronous | Synchronous | 01/01/2025 | 12/31/2025 | |
ND | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | 74333, 76957 |
ND | QE | 30 | 28 | 2 | Synchronous | Livestream | 01/01/2022 | QE2404 | |
ND | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/13/2023 | 06/12/2026 | QE-223014, 76957 |
NE | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 1202435.02 |
NH | CE | 28 | 28 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | ||
NH | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | |
NJ | CE | 28 | 28 | Synchronous | Synchronous | 01/17/2024 | 06/12/2026 | 2024-3003 | |
NJ | QE | 30 | 28 | 2 | Synchronous | Synchronous | 01/17/2024 | 06/12/2026 | 2024-3003 |
NM | CE | 28 | 28 | Synchronous | Synchronous | 06/16/2023 | 05/28/2026 | 4253 | |
NM | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/16/2023 | 05/28/2026 | 4253 |
NV | CE | 28 | 28 | Synchronous | Synchronous | 11/04/2024 | 10/31/2025 | CE-0009604-A | |
NV | QE | 30 | 28 | 2 | Synchronous | Synchronous | 08/01/2024 | 07/31/2025 | PL.0009464-A |
NY | QE | 30 | 28 | 2 | Synchronous | Synchronous | 10/01/2024 | 09/30/2025 | Q0204-R6 |
OH | CE | 30 | 28 | 2 | Synchronous | Synchronous | 01/01/2021 | 03/22/2026 | 9230005707A 20 |
OH | CE | 28 | 28 | Synchronous | Livestream | 01/01/2025 | 12/31/2025 | 084500303A 23 | |
OH | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 76957 |
OK | CE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | 773 |
OK | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | 602 |
OR | CE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | APIN-Q-1223-9016 |
OR | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | APIN-Q-1223-9016 |
PA | CE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | |
PA | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | |
PR | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | 74333, 76957 |
PR | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 76957 |
RI | CE | 28 | 28 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | REA.0002130-CE | |
RI | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | REA.0002130-CE |
SC | CE | 30 | 28 | 2 | Synchronous | Synchronous | 09/01/2024 | 08/31/2026 | AC . 771 |
SC | QE | 30 | 28 | 2 | Synchronous | Synchronous | 09/01/2024 | 08/31/2026 | QE2771, AC . 771 |
SD | CE | 30 | 28 | 2 | Synchronous | Synchronous | 03/05/2025 | 06/12/2026 | SD 367 |
SD | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/05/2025 | 06/12/2026 | SD 367 |
TN | CE | 28 | 28 | Synchronous | Synchronous | 08/01/2024 | 07/31/2026 | 837 | |
TN | QE | 30 | 28 | 2 | Synchronous | Synchronous | 08/01/2024 | 07/31/2026 | 837 |
TX | CE | 28 | 28 | Synchronous | Synchronous | 03/26/2024 | 06/12/2026 | TX Provider #: 10 Course #: 48150 | |
TX | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/25/2024 | 06/12/2026 | TX Provider #:8038 Course #: 48172 |
UT | CE | 28 | 28 | Synchronous | Synchronous | 10/16/2024 | 10/31/2026 | AC241012 | |
UT | QE | 30 | 28 | 2 | Synchronous | Synchronous | 12/01/2023 | 11/30/2025 | AQ231126 |
VA | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | 74333, 76957 |
VA | QE | 30 | 28 | 2 | Synchronous | Synchronous | 09/01/2024 | 06/12/2026 | |
VT | CE | 28 | 28 | Synchronous | Synchronous | 07/03/2024 | 11/29/2027 | ||
VT | QE | 30 | 28 | 2 | Synchronous | Synchronous | 07/03/2024 | 11/29/2027 | |
WA | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/13/2023 | 05/28/2026 | A23007216 |
WA | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/13/2023 | 05/28/2026 | A23007216 |
WI | CE | 30 | 28 | 2 | Synchronous | Synchronous | 06/12/2023 | 06/12/2026 | 74333, 76957 |
WI | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/23/2023 | 06/12/2026 | 76957 |
WV | CE | 28 | 28 | Synchronous | Synchronous | 06/16/2023 | 06/12/2026 | ||
WV | QE | 30 | 28 | 2 | Synchronous | Synchronous | 06/16/2023 | 06/12/2026 | |
WY | CE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 03/25/2027 | 41 |
WY | QE | 30 | 28 | 2 | Synchronous | Synchronous | 03/26/2024 | 03/25/2027 | 41 |
Course Objectives
- Identify the eight steps of the valuation process.
- Identify the basic components and processes used to derive a value indication when performing the income capitalization approach.
- Identify the six procedures for analyzing land or site value.
- Identify the three cost-estimating methods used by appraisers.
- Apply component costs to estimate the cost of residential building improvements.
- Identify typical elements of comparison used in the sales comparison approach.
- Analyze sales to select appropriate comparable properties.
- Derive adjustments using paired sales analysis.
- Reconcile the indicated values derived in the sales comparison approach to a single point value opinion.
- Recognize the types of reports used to communicate an appraisal analysis.
Course Details
Program Overview:
Online Syllabus
Assignments:
Equipment:
- A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
- You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
- For more information and a free review, click here.
- For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator.
- HP-12C calculator User’s Manual.
Additional Information:
- Course Handbook (434 pp.)
- Solutions Booklet (90 pp.)
Requirements:
Live Online Education FAQ
Prerequisites
Course Materials & Recommended Books
Pricing Options
Rate | Full Price | AI Price |
---|---|---|
Standard
Today thru 09/01/2025 |
$480.00 | $405.00 |
Additional Course Offerings
Sponsor | Date | Location | Format | ||
---|---|---|---|---|---|
Appraisal Institute | On Demand | Online | View Details | Register | |
North Star Chapter | August 11-14, 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 (4) hours each day with at least two breaks during that time. The course runs for seven (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, September 2, 2:00 pm - 6:00 pm
Day 2: Wednesday, September 3, 2:00 pm - 6:00 pm
Day 3: Thursday, September 4, 2:00 pm - 6:00 pm
Day 4: Friday, September 5, 2:00 pm - 6:00 pm
(No class on Saturday, Sunday or Monday)
Day 5: Tuesday, September 9, 2:00 pm - 6:00 pm
Day 6: Wednesday, September 10, 2:00 pm - 6:00 pm
Day 7: Thursday, September 11, 2:00 pm - 6:00 pm
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.