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    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.


    Who Should Enroll
    Those seeking residential real property appraiser licensure or certification with introductory experience and an understanding of the fundamental concepts of appraising
    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
    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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