Texas Chapter | Cost Approach for General Appraisers (A301)

When:  Jun 6, 2022
Associated with  Texas Chapter of ASFMRA

Texas Chapter | Cost Approach for General Appraisers (A301) | June 6-9, 2022

Registration Information:



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: 14 classroom hours + 1 hour exam

Contact Hours: 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 classroom hours + 3 hour exam


Justin Bierschwale, ARA; Nathan Tonne, ARA

Educational Facility:

Junction First Presbyterian Church Fellowship Hall | 201 S 11th Street, Junction, TX 76849

The Fellowship Hall has been renovated to include audio/visual technology. It is separate from the church sanctuary. You will NOT feel like you are in a church environment. There is a full kitchen which we will use to provide breakfast, coffee, lunch and refreshments throughout the day. Meals are included in the registration fee.

Hotel Accommodations and Travel Arrangements

Holiday Inn Express & Suites

304 Dos Rios Drive

Junction, TX 76849

To make a reservation, call (325) 215-4377 and ask for the “Texas Chapter ASFMRA” hotel block. The group rate is $109/night plus fees.

The “Meeting Room” on the Lobby Level will be available to the Texas Chapter all week. During the evenings, enjoy complimentary drinks and snacks.

For More Information
Meeting: Carmen Bierschwale | 325-446-6169 | ckbierschwale@gmail.com

Registration: Deanna Ilk | 303-692-1222 | dilk@asfmra.org


First Presbyterian Church, Junction Fellowship Hall
201 S 11th Street
Junction, TX 76849