Rural Valuation Basics
This seminar provides residential and general appraisers with the fundamentals of analyzing comparable data for use in rural appraisal assignments. It will focus on land mix analysis, improvement value extraction and allocation, and how to develop adjustments. While working on a typical rural property case study that both residential and commercial appraisers might be asked to appraise, you’ll learn how to properly analyze and use information that is available in rural markets to support a credible opinion of value. Excel spreadsheets will be provided which will assist you in your analyses.
Who Should Enroll
- Certified general appraisers
- Certified residential appraisers
AI CE Points
Attend:
35
Course Offerings
We are not currently offering this course, but please contact us for additional options and more information.
Course Objectives
- Identify the characteristics of rural properties that affect value.
- Identify data sources for rural properties.
- Identify the best data available in markets that have limited data.
- Analyze information on properties with different land mixes.
- Analyze properties with multiple improvements.
- Use soil mapping tools.
- Develop the sales comparison approach using land and building mix analyses.