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 rural properties. Comparable sales analysis is included for contributory value of land classes, as well as paired sales techniques, derivation and sequence of adjustments, analysis of properties with multiple land types, reconciliation, and case studies. 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 sometimes unique aspects of rural property valuation. The concepts are reinforced through classroom discussion, drill problems and periodic diagnostic quizzes.
Please Note: This course is designed to follow Basic Appraisal Principles and Basic Appraisal Procedures. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level classes.
Required Equipment & Textbooks: HP-12c, Hp-17bII or HP-19bII calculator; Appraisal of Rural Property, 2nd Edition
Optional Textbooks: Appraisal of Real Estate, Thirteenth Edition; Dictionary of Real Estate Appraisal, Fifth 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
Accreditation: This course is required for the ARA and the RPRA
Instructor/s: Mark Lewis, ARA, RPRA; Clay Caver, AFM, ARA, RPRA
List of Approvals
All cancellation requests must be in writing to DIlk@asfmra.org.
- Prior to April 9: $25 cancellation fee
- April 9 - April 22: $50 cancellation fee
- No Shows will forfeit all registration fees.
- Transfers or substitutions can be done prior to the course date.
Hilton Garden Inn Denver Cherry Creek
600 S Colorado Blvd
Denver, CO 80246
A discounted rate of $119 + tax per night is available until April 8, 2018. The discounted rate will be available a few days before and after the course dates to work with your travel schedule.
Additional Perks with the discounted rate include:
- 1 breakfast voucher for each room night booked
- 1 $5 hotel voucher
- Complimentary WiFi
- Complimentary valet or garage parking
Online Reservations: Click here to book online reservations.
Call In Reservations: The hotel's main number is 303.754.9800. If you call the hotel to make your reservation, please be sure to reference ASFMRA to obtain the group rate.
The hotel is approximately 25 miles from the airport. Anticipate 45 minutes for travel time between the airport and hotel. It is recommended that you arrive to the airport at least 90 minutes prior to your scheduled departure time. Here are a few ground transportation options.
Super Shuttle| Average cost $25 one way. Reservations required and can be booked at supershuttle.com.
Hotel Car Service | Average cost $65 one way. Reservations required and can be booked by calling the hotel at 303-754-9800.
Uber | Average cost $60 one way. Download the app and book a trip at uber.com.
Taxi | Average cost $60 one way. Cabs readily accessible at the airport. Call one of the cab companies listed in this link to schedule your return trip to the airport. http://www.flydenver.com/parking_transit/transit/taxis