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Solving Land Valuation Puzzles
June 5, 2019
Mark V. Smeltzer, MAI, SRA, AI-RRS
205 W Wacker #202
to check state approvals
Sponsor / Contact
Learn how to solve a variety of land valuation and feasibility problems using less commonly used land valuation techniques in this one-day seminar. Interactive case studies and discussion topics cover highest and best use considerations, land residual analysis, contamination, impacts of tax increment financing on feasibility, condemnation, subdivision analysis, unit of comparison selection, and alternatives when inadequate land sales exist. Problem identification, assignment conditions, scope of work decisions, and standards of practice are reviewed in each problem and solutions are discussed. Lively class discussion and interaction will result as problems are explored.
Upon completion of the seminar, participants should be able to
Summarize the six recognized land valuation techniques
Employ land residual analysis as part of a highest and best use decision
Calculate and use internal rates of return as a method of testing feasibility
Recognize terms and concepts used for valuation of contaminated land
Test alternative units of comparison
Perform allocation and market extraction when land sales are lacking
Understand the basics of subdivision valuation
Understand the basics of condemnation valuation
Properly apply special/extraordinary assumptions, hypothetical conditions, and the Jurisdictional Exception Rule of USPAP in unusual situations.
$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 State and the AQB requires that you be in class 100% of the time. You will not receive credit if you don't fulfill this requirement
Program materials can be downloaded by the student.
class registration May 24 8:00am class lecture 8:30-4:30
Crowne Plaza Chicago West Loop
200 W. Madison, Suite 1500, Chicago, IL 60606
888-7JOINAI (756-4624) |
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