Choose your path
-- select --
Resources for Accountants
Resources for Bankers
Resources for Homeowners
Resources for Attorneys
Find An Appraiser
0 Registrations in Cart
Select an Offering
Residential Site Valuation and Cost Approach
October 5 - 6, 2017
Brian J. Flynn, MAI, AI-GRS
Chicago Chapter/ Appraisal Institute
205 W. Wacker Drive
to check state approvals
Sponsor / Contact
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.
Table of Contents and Overview
Beginning appraisers seeking residential licensure and/or certification with introductory experience and an understanding of the fundamental concepts of appraising
• Laptops NOT REQUIRED
• HP-12C calculator.
Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam. You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP-12C. Do not come to class expecting to be taught how to use a financial calculator.
• Free Review:
Using a Financial Calculator; Formulas, Symbols, Math Review, and Sample Problems
Financial Calculator Practice Exercises
• For additional help with the HP-12C calculator, take our online seminar,
Using Your HP-12C Financial Calculator
Basic Appraisal Principles
Basic Appraisal Procedures
National Uniform Standards of Professional Appraisal Practice (USPAP) Course, 15-Hour
Residential Market Analysis and Highest & Best Use
• Or equivalent courses
Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.
For Further Reading
The Appraisal of Real Estate, 14th ed.
The Dictionary of Real Estate Appraisal , 6th ed.
$50.00 cancellation fee.
Less than 2 days prior to program start date, forfeit of payment.
$50.00 transfer fee.
Less than 2 days prior to program start date, no transfer allowed.
The Chicago Chapter enforces the attendance requirements as mandated by the State of Illinois and the AQB. There is a 100% attendance policy. . If you are late the first day of the course, you may stay in class but you will not receive full credit. Registration begins at 8:00 am for every course. Each course begins promptly at 8:30 am each day. Program Material Policy You will be picking your materials up at the beginning of the class from the Chapter. Cancellation & Transfer Policy: Please read carefully. The Chicago Chapter charges a $50 cancellation AND $50 transfer fee. If you cancel less than 3 BUSINESS DAYS before the start of the course or seminar you will receive NO REFUND. Most classes start on Monday so if, for example, you cancel on Wednesday of the week before the class begins you will FORFEIT YOUR TUITION. The Chicago Chapter reserves the right to cancel, limit or reschedule the programs and to change faculty assignments at any time. Prospective students should confirm their registrations before making any non-refundable airline reservations. If you cancel there is an additional $25 material charge from the national office. You do not return course materials any longer. HOTEL INFO: We have a corporate rate at the Holiday Inn Mart Plaza, right across the street from the chapter office. Call 312.529.1127 and tell them you’re a student with the Chicago Chapter and they will make your reservation for you. CHICAGO IS A VERY BUSY CITY. YOU NEED TO MAKE YOUR HOTEL RESERVATIONS EARLY TO GET OUR CORPORATE RATE OR EVEN GET A HOTEL ROOM BECAUSE THE HOTELS FILL UP QUICKLY WITH CONVENTIONS. This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program. The content of this Program, including but not limited to any written materials and presenter comments, do not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute may not even have reviewed the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations. This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.
Program materials can be downloaded by the student.
Class Schedule: Registration: October 5, 2017 8:00a-8:30a Class: 8:30 -4:30 October 5-6,2017. Please contact LA LA@ccai.org 312.616.9400 if you have any questions or need assistance.
200 W. Madison, Suite 1500, Chicago, IL 60606
888-7JOINAI (756-4624) |
Terms & Conditions
Copyright © 2017 Appraisal Institute. All rights reserved.