Residential Appraiser Site Valuation & Cost Approach

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15 Credit Hours


Provides an introductory understanding of fundamental concepts of appraising. Focuses on the valuation of vacant land parcels and the development of the cost approach. Develops your skills by creating a current cost estimate using market extraction, interview techniques, and information provided by professional cost data sources. Covers the origin of the appraisal assignment to a final value estimate using various cost approach applications. Completion of Basic Appraisal Principles and Procedures Courses as a prerequisite for this course. Credit for 15 hrs of the 2008 Real Property Appraiser Qualification Criteria for the Licensed Appraiser level.

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