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    Residential Site Valuation and Cost Approach

    Register
    Date
    September 12-13, 2024
    Location
    Nashville, TN
    Sponsor
    Tennessee Chapter
    Instructor
    James B. Atwood, SRA
    Class Time
    14 hours
    Exam Time
    1 Hour
    Full Price
    $425.00
    AI Price
    $360.00
    Enroll by September 13!
    View Pricing Options
    Classroom
    Topics:
    Land/Site Valuation
    Valuation Approaches
    Upgrade your career
    Residential
    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
    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
    pts
    Attend & Pass Exam:
    140
    pts
    Pass Only:
    125
    pts
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    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
    Classroom & Synchronous

    Table of Contents and Overview
    Course Schedule
    Online & Synchronous


    Online Syllabus
    Prerequisites
    Course Materials & Recommended Books
    Pricing Options
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    Standard
    Today thru 09/13/2024     		$425.00 $360.00
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute June 10-13, 2024 Synchronous View Details Register
    Appraisal Institute November 5-8, 2024 Synchronous View Details Register
    Appraisal Institute On Demand Online View Details Register