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    Fundamentals of Apartment Appraising

    Register
    On Demand
    Date
    On Demand
    Sponsor
    Appraisal Institute
    Location
    Instructor
    Kenneth G. Foltz, MAI, SRA
    Class Time
    7 hours
    Full Price
    $145.00
    AI Price
    $120.00
    Course Description
    This program is built around examples of small- to mid-range apartment buildings of between 12 and 50 units. Although the focus is on non-institutional-grade apartment projects, the issues and principles also apply to institutional-grade or investment-grade properties. A few examples of such issues are the quantity and quality of sale data available, the availability of standardized income and expense data, identification of the type of typical buyer, and associated purchase motivations. Numerous examples of basic techniques, and a comprehensive case study are used as learning tools. The case study allows you to measure the adequacy of the valuation of a relatively simple property based on formats and techniques reviewed in the seminar. Your discussion posts and those of your peers in the program will provide various perspectives.


    Who Should Enroll
    • Residential appraisers 
    • General appraisers 
    • Brokers 
    • Lenders, etc.
    AI CE Points
    Attend:
    35
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 7 7 Online Online 03/25/2022 04/02/2025 18755
    AL CE 7 7 Online Online 11/14/2024 09/30/2026 C02810
    AR CE 7 7 Online Online 07/19/2021 04/02/2025
    AZ CE 7 7 Online Online 04/02/2022 04/02/2025 69433
    CA CE 7 7 Online Online 06/27/2023 06/26/2027 19CP754601380
    CO CE 7 7 Online Online 07/26/2023 04/02/2025 2443
    CT CE 7 7 Online Online 04/13/2022 04/02/2025 AAL.000918
    DC CE 7 7 Online Online 02/29/2024 02/28/2026 4015
    DE CE 7 7 Online Online 04/02/2022 04/02/2025 69433
    FL CE 7 7 Online Online 07/25/2023 07/24/2025 0010037
    GA CE 7 7 Online Online 04/03/2022 04/01/2025 74095
    HI CE 7 7 Online Online 11/07/2023 12/31/2024 23-381
    IA CE 7 7 Online Online 03/22/2022 04/02/2025 A518-1061
    ID CE 7 7 Online Online 03/21/2022 04/02/2025
    IL CE 8 8 Online Online 01/01/2023 12/31/2024 575.010375
    IN CE 7 7 Online Online 04/02/2022 04/02/2025 69433
    KS CE 7 7 Online Online 01/01/2024 12/31/2024 208.C24.R
    KY CE 7 7 Online Online 07/01/2024 05/30/2025
    LA CE 7 7 Online Online 04/03/2022 04/02/2025 A0306
    MA CE 7 7 Online Online 04/03/2024 04/02/2025 00120090
    MD CE 7 7 Online Online 04/02/2022 04/02/2025 69433
    ME CE 7 7 Online Online 04/02/2022 04/02/2025 69433
    MI CE 7 7 Online Online 11/07/2022 04/02/2025 3527
    MN CE 7 7 Online Online 08/01/2023 07/31/2025 1027820
    MO CE 7 7 Online Online 04/02/2022 04/02/2025
    MS CE 7 7 Online Online 07/25/2019 04/02/2025 MAB #50157
    MT CE 7 7 Online Online 05/04/2022 04/02/2025 REA-CEC-REC-15348
    NC CE 7 7 Online Online 01/01/2024 12/31/2024 4304
    ND CE 7 7 Online Online 03/20/2022 04/02/2025 CE-222034
    NE CE 7 7 Online Online 07/19/2024 07/18/2029 2192455.02
    NH CE 7 7 Online Online 05/11/2022 04/02/2025
    NJ CE 7 7 Online Online 04/20/2022 2022-3449
    NM CE 7 7 Online Online 04/03/2022 04/02/2025 REAB#4297, 4083
    NV CE 7 7 Online Online 09/30/2024 09/30/2025 CE.0009872-A
    NY CE 7 7 Online Online 01/01/2024 12/31/2024 A5035-07
    OH CE 7 7 Online Online 01/01/2024 12/31/2024 923401112A 23
    OK CE 7 7 Online Online 03/28/2022 04/02/2025 997
    OR CE 7 7 Online Online 03/28/2022 04/02/2025 APIN-C-0322-8921
    PA CE 7 7 Online Online 01/30/2023 04/02/2025 000002
    PR CE 7 7 Online Online 04/02/2022 04/02/2025 69433
    RI CE 7 7 Online Online 03/24/2022 04/02/2025 REA.0001850-CE
    SC CE 7 7 Online Online 09/01/2024 08/31/2026 CE2127, AC . 2127
    SD CE 7 7 Online Online 05/13/2022 05/13/2025 SD 1347 CE
    TN CE 7 7 Online Online 09/01/2023 08/31/2025 2320
    TX CE 7 7 Online Online 05/01/2024 04/02/2025 TX Provider #:10 Course #:43264
    UT CE 7 7 Online Online 11/01/2023 10/31/2025 AC231009
    VA CE 7 7 Online Online 04/02/2022 04/02/2025 69433
    VT CE 7 7 Online Online 06/12/2019 03/16/2025
    WA CE 7 7 Online Online 03/08/2022 04/02/2025 A22004429
    WI CE 7 7 Online Online 04/02/2022 04/02/2025 69433
    WV CE 7 7 Online Online 04/11/2022 04/02/2025
    WY CE 7 7 Online Online 03/22/2022 04/02/2025
    Course Objectives
    • Apply many of the appraisal tools you’re familiar with from other courses or experience to a specific property type.
    • Understand basic inferred market analysis techniques used to analyze apartment markets and marketability, property characteristics, and highest and best use.
    • Analyze and apply all appropriate approaches to value for a small apartment property after identifying applicable special considerations.
    • Be aware of the unique areas of apartment appraisal.
    • Analyze a small apartment property in a case study format.
    • Examine market issues relating to apartment appraisal.
    • Examine and distinguish among reporting options.
    Course Details

    Assignments:

    Yes. Participants must complete mandatory assignments in this program. Please plan your time accordingly and allow up to 5 days for the instructor to review your assignments. The instructor may ask for a re-submission of incomplete assignments. You may advance through the program while you are waiting for your instructor to review your work. You may also contact the instructor to request expedited review.

    Equipment:

    Additional Information:

    Online Course Access
    Go to www.appraisalinstitute.org and log in with the username and password you used when you registered. Click on the red “My Account” button if you are not automatically taken to your account page.
    1. Click "Education and Events" on the right navigation menu.
    2. Find the course under the “Online Courses” heading and click the “Begin” button.
    IMPORTANT NOTE: Once this button is clicked, your access length time (e.g. 90 days) will begin. Only click when you intend to start the course. If you are returning, once you have started the course, click the “Continue” button to continue.

    Other Details
    For information about how on demand online education programs work, registration and cancellation policies, and other details, see our On Demand Online Education Frequently Asked Questions.

    Requirements:

    Online Education FAQ

    Prerequisites
    Successful completion of Basic Appraisal Principles and Basic Appraisal Procedures is required.
    Course Materials & Recommended Books
    None Specified.
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 12/31/2050
    $145.00 $120.00