TX Chapter | Cost Approach for General Appraisers (A301)

Starts:  Jun 1, 2020 8:00 AM (CT)
Ends:  Jun 4, 2020 5:00 AM (CT)
Associated with  Texas Chapter of ASFMRA

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: Valuing Rural America; HP-12c, Hp-17bII or HP-19bII calculator (Click here for basic information how to use an HP-12c)

Suggested Textbook: Appraisal of Real Estate, Fourteenth Edition; Dictionary of Real Estate Appraisal, Sixth Edition

Contact Hours: 27 hours + 3 hour exam

AQB Licensure Requirement: Certified General

List of approvals

Instructor: Justin Bierschwale, ARA, MAI
Co-Instructors: Paul Bierschwale, ARA, CRE and Nathan Tonne, ARA, MAI

Registration Fees
Member: $600
Non-Member: $700
Registration fees include: All course materials, lunch Monday-Thursday and one dinner hosted by Justin and Carmen Bierschwale.
Cancellations must be received by May 20, 2020 to receive a refund.

Hotel Information
Holiday Inn Express & Suites
304 Dos Rios Dr
Junction, TX 76849
PH: 325.215.4377
Room Rate: $109/night + tax; Breakfast is included
To make your reservation, call the hotel and ask for the Texas Chapter ASFMRA block to guarantee the discounted rate.

Classroom Facility
The course will be held at the Texas Tech University Center at Junction which is a short drive from the hotel located on the South Llano River. 

Flight Information
Junction, TX is located 2 hours from the Austin-Bergstrom (AUS) airport and 1.5 hours from the San Antonio International (SAT) airport. Closer to the event, details will be shared for finding others to ride share.

For More Information
Course and Travel Details: Carmen Bierschwale | 325.446.3052 | ckbierschwale@gmail.com
Registration: Deanna Ilk | 303.692.1222 | dilk@asfmra.org


Texas Tech University Center at Junction
254 Red Raider Ln
Junction, TX 76849