This seminar will provide practical, hands-on training for experienced appraisers in the development and application of level C market analysis in valuation appraisals. Participants will bring laptops to class to solve specific problems relating to market analysis (i.e. supply/demand) as well as applications of market analysis to highest and best use and valuation.
The single most important concept for this seminar is to provide useful tools using advanced market analysis techniques to measure and support valuation analysis applications throughout the appraisal report.
The first case study features Level C inferred and fundamental demand analysis for a retail property. This study uses the Site To Do Business as a source of data and provides shortcuts for line items used in the buying power method.
The second case study showcases a Level C step-by-step marketability analysis for a residential apartment complex using inferred and fundamental methods. Participants will forecast demand using the segmentation method, the tenure-by-housing income model, and the ratio method.