Cost Approach for General Appraisers (A301)
This course is specifically designed to meet the 30 hours required by the Appraiser Qualifications Board for Qualifying Education for General Certified Appraisers. The course covers topics such as underlying Cost Approach definitions and concepts. Extensive site or land valuation techniques are presented because of the importance of land in appraising rural properties. Comparable sales analysis includes determining the contributory value of land classes; paired sales techniques; derivation and the correct sequence of adjustments, and analysis of properties with multiple land types. Depreciation analysis covers age-life, modified economic age-life and market derived depreciation to include all forms of depreciation including physical, functional, and external obsolescence. These topics are discussed with relevance toward the unique aspects of rural property valuation. The concepts are reinforced through classroom discussion, drill problems and daily review exams.
Please Note: This course is designed to follow Basic Appraisal Principles and Basic Appraisal Procedures are recommended before taking this class. It is assumed the student has a working knowledge of the HP 12C calculator and has the level of knowledge and understanding that is taught in the lower level classes.
Required Equipment & Textbooks: Appraisal of Rural Property, 2nd Edition; HP-12c, Hp-17bII or HP-19bII calculator (Click here for basic information how to use an HP-12c)
Suggested Textbook: Valuing Rural America; Appraisal of Real Estate, Fifteenth Edition; Dictionary of Real Estate Appraisal, Sixth Edition
Contact Hours: 27 hours + 3 hour exam
Course Timetable: Days 1-3: 8 AM - 5 PM; Day 4: 8 AM - 4 PM
AQB Licensure Requirement: Certified General
Instructors: Clay Caver, AFM, ARA, RPRA, Brent Stanger, ARA
Pricing: $769/Member, $999/Nonmember
This course will be Hybrid (some students in person, some online). Upon registering, you will either select Hybrid Livestream Registration or In Person Registration. If you select the Hybrid Livestream Registration, you will be sent a Zoom link to access this course the week before the course start date. If you select the In Person Registration, you will be expected to attend the offering In Person in Denver, CO throughout the duration of the offering.
***For an in-person offering to be held, we must reach a minimum of 10 in-person participants three weeks prior to the first day of the course. If this minimum is not met, we will move this offering strictly to a livestream format via ZOOM. Any in-person registrants will be notified at this time.
For More Information:
Registration: Deanna Ilk | 303-692-1222 | firstname.lastname@example.org