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Cost Approach
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Course #AP105:

Residential Site Valuation and Cost Approach    (15 Hours Qualifying Education - tested)

This intermediate level course is designed to guide the student in applying the cost approach in residential appraisal.   The student will review the applicable portion of USPAP and appraisal theory.  The course will focus on the proper methods and techniques for developing a site value opinion and in applying the cost approach using the Marshall & Swift Residential Cost Handbook.   The test is 50 questions and covers USPAP and applications of the Cost Approach and site valuation.

 

Course Objective: To enable the student to demonstrate an understanding of the principles, methods and techniques used in site valuation and the Cost Approach to Value.

Prerequisite: AP102 or equivalent

Upcoming Classes


Arizona approval #ABA0305-398-5

This course meets the new qualifying education criteria for the State of Iowa

Nebraska approval #Q060602

Approved in New Hampshire for both Qualifying and Continuing education

South Dakota approval #SD 402

Approved in Vermont for 15 hours QE/14 hours CE.


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Last modified:  05/11/08