Residential Market Analysis and Highest and Best Use

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15 Credit Hours


Covers the relationship between market analysis and highest and best use. Learn how to find the information you need to make a highest and best use decision and how to interpret the information you find. Provides information on how to read and map a market area for a subject property and discover the essential links between market analysis, highest and best use analysis, and the three approaches to value (cost, sales comparison, and income capitalization). 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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