Courses & Seminars

ASFMRA is an internationally recognized leader in appraisal training. We are a not-for-profit appraisal society and sponsoring member of the Appraisal Foundation providing education since 1929 and serving all jurisdictions in the United States. We provide Appraisal Qualifications Board (AQB) and state approved appraisal training for certified general licensure and for continuing education.

The ASFMRA offers specialized seminars such as Yellow Book, Valuation of Conservation Easements, Timber Property, Mineral Rights, Dairy Appraisal and a lot of other topics. Take a look at the seminars to see what we offer, then take a look at our education schedule to see what is being offered near you! If you have any questions you can contact Deanna Ilk at 303-692-1222 or

Appraising Natural Resources

Target audience: Appraisers

An advanced course designed to apply valuation techniques to properties which include mineral rights, water rights, timber and/or wind. The course differentiates between each of these property rights, yet identifies whereby the basic valuation process can be applied. Appraisal procedures and techniques are addressed emphasizing market extraction or all components used in the three approaches to value. The mineral section of the course contains segments which consistently apply the appraisal theory and procedures to elements such as surface mining. The water section deals with commercial and recreational applications, split estates and ownership. Timber, mineral deposits and water rights are uniformly analyzed to demonstrate common valuation processes applicable to otherwise unique and complex properties. This course provides practical applications in each of the valuation approaches through case studies.

Contact Hours: 8 hours