Residential Site Valuation and Cost Approach-Florida Version
Register
- Date
- On Demand
- Location
- Sponsor
- Appraisal Institute
- Instructor
- Richard C. DuBay, SRPA, SRA
- Class Time
- 14 hours
- Exam Time
- 2 Hours
- Full Price
- $345.00
- AI Price
- $290.00
Course Description
This course focuses on the valuation of vacant land parcels and the development of the cost approach. Create a current cost estimate using market extraction, discover effective interview techniques, and explore information provided by
professional cost data sources. An in-depth case study takes you from the origin of the appraisal assignment to a final value estimate using various cost approach applications.
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Who Should Enroll
AI CE Points
Attend:
70
Attend & Pass Exam:
140
Pass Only:
125
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|---|
| AL | QE | 15 | 14 | 1 | Online | Online | 11/01/2022 | 09/30/2024 | C02682 |
| AR | CE | 14 | 14 | Online | Online | 03/02/2022 | 03/01/2024 | ||
| AR | QE | 15 | 14 | 1 | Online | Online | 03/02/2022 | 03/01/2024 | |
| CA | CE | 14 | 14 | Online | Online | 08/27/2008 | 06/16/2024 | 20CP754601429 | |
| CA | QE | 15 | 14 | 1 | Online | Online | 08/27/2008 | 06/29/2024 | 08754126 |
| DC | CE | 14 | 14 | Online | Online | 03/01/2014 | 02/28/2024 | 3030 | |
| DC | QE | 15 | 14 | 1 | Online | Online | 03/01/2014 | 02/28/2024 | 3030 |
| IL | QE | 15 | 14 | 1 | Online | Online | 01/28/2021 | 12/31/2024 | 573.000517 |
| NC | QE | 15 | 14 | 1 | Online | Online | 01/01/2023 | 12/31/2023 | |
| ND | QE | 15 | 14 | 1 | Online | Online | 07/03/2008 | QE-2813 | |
| NV | CE | 14 | 14 | Online | Online | 12/05/2022 | 12/31/2023 | CE.0009628-A | |
| NV | QE | 15 | 14 | 1 | Online | Online | 12/05/2022 | 12/31/2023 | PL.0597007-A |
| OH | QE | 15 | 14 | 1 | Online | Online | 01/01/2022 | 04/15/2024 | |
| PR | CE | 15 | 14 | 1 | Online | Online | 01/01/2022 | 04/15/2024 | |
| PR | QE | 15 | 14 | 1 | Online | Online | 01/01/2022 | 04/15/2024 | |
| RI | CE | 15 | 14 | 1 | Online | Online | 02/05/2015 | 03/24/2024 | REA.0000978-CE |
| RI | QE | 15 | 14 | 1 | Online | Online | 02/05/2015 | 03/24/2024 | REA.0000978-CE |
| SC | QE | 15 | 14 | 1 | Online | Online | 09/01/2022 | 08/31/2024 | AS.1DQE-5 |
| TN | CE | 15 | 14 | 1 | Online | Online | 06/15/2022 | 07/31/2024 | 1203 |
| TX | QE | 15 | 14 | 1 | Online | Online | 06/01/2022 | 06/01/2025 | TX Provider #8038 Course #: 27897 |
| UT | CE | 14 | 14 | Online | Online | 01/01/2023 | 12/31/2023 | AC221206 | |
| UT | QE | 15 | 14 | 1 | Online | Online | 10/01/2022 | 09/30/2024 | AQ220913 |
| VA | CE | 14 | 14 | Online | Online | 06/02/2008 | |||
| VA | CE | 15 | 14 | 1 | Online | Online | 01/01/2022 | 04/15/2024 | |
| VA | QE | 15 | 14 | 1 | Online | Online | 01/24/2023 | 03/31/2024 | 4006000857 |
| VT | CE | 14 | 14 | Online | Online | 04/14/2011 | 02/27/2024 | ||
| VT | QE | 15 | 14 | 1 | Online | Online | 04/14/2011 | 03/02/2024 | |
| WA | CE | 14 | 14 | Online | Online | 07/24/2014 | 03/24/2024 | AP3280 | |
| WI | CE | 15 | 14 | 1 | Online | Online | 01/01/2022 | 04/15/2024 | |
| WI | QE | 15 | 14 | 1 | Online | Online | 01/01/2022 | 04/15/2024 |
Course Objectives
- Identify all steps in completing a cost approach. The step-by-step process of estimating current construction cost is the focus.
- Recognize how to use data sources and the comparative-unit method of cost calculation.
- Apply the age-life and market extraction methods of estimating depreciation.
- Apply the breakdown method of estimating depreciation, including physical deterioration, functional obsolescence, and external obsolescence.
- Recognize elements of cost approach summation, including reconciliation of depreciation estimates.
- Identify residential site valuation principles and how they relate to the concept of market analysis and the development of a highest and best use conclusion.
- Identify the elements of comparison and the units of comparison as they are applied in the sales comparison approach for estimating site value.
- Recognize steps in the extraction and allocation methods of site valuation.
- Reconcile multiple site value indications to a final opinion of site value.
Course Details
Table of Contents and Overview
Course Schedule
Online
Online Syllabus
Prerequisites
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Standard
Today thru 12/31/2050 |
$345.00 | $290.00 |
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