AP205 – Residential Site Valuation and Cost Approach
Developed by the Appraisal Institute
15 Hours QE
Designed for participants with introductory experience and understanding of fundamental concepts of appraising, this course focuses on the valuation of vacant land parcels and the development of the cost approach. Develop your skills by creating a current cost estimate using market extraction, interview techniques, and information provided by professional cost data sources. An in-depth case study takes you from the origin of the appraisal assignment to a final value estimate using various cost approach applications. By successfully completing the course and exam, you will have met most states’ education requirements in the content area identified as residential site valuation and cost approach.
Prerequisite: AP101, AP102, AP103
Course fee: $495
NE Course# 1171404.09Enrollment Form