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Rural Valuation Basics

EMAIL   Date: May 9, 2019   Location: Starkville, MS
Category  General/Residential [G/R]  
Attendance Hours  7.0  
Current Price  $ 190.00 AI Price  
$ 215.00 Full Price  
Darrell W. Bullock, MAI, SRA  
Name  Restaurant Tyler Upstairs  
Address  100 E. Main Street  
City  Starkville  
State  MS  
Zip  39759  
Click Here to check state approvals
  Sponsor / Contact  
Chapter  Mississippi
Contact Name  Myra W. Pitts  
Address  2310 Londonderry Lane  
City  Cordova  
State  TN  
Zip  38016  
Phone  (601) 981-7676  

Explore New Markets!

This 7-hour seminar teaches residential and commercial appraisers the fundamental skills they will need to complete rural appraisal assignments. Instruction focuses on land mix analysis, valuing improvements with extraction and allocation, and developing adjustments. Participants will learn how to find and analyze comparable sales and apply the data that is available in rural markets to support a credible opinion of value. Excel spreadsheets and real-world examples will be provided.

Upon completion of this course, participants should be able to:

  • Identify the characteristics of rural properties that affect value
  • Locate data sources for rural properties
  • Find the best data available in markets that have limited data
  • Analyze information on properties with different land mixes
  • Value properties with multiple improvements
  • Use soil mapping tools
  • Develop the sales comparison approach using land and building mix analyses
• Laptop or Notebook loaded with Microsoft Excel 2007 or 2010.
• HP-12C calculator, or other financial calculator. Note that keystrokes will be shown using HP-12C.
• Basic knowledge of appraisal principles and procedures

Working knowledge of Excel
  For Further Reading  
  Rural Property Valuation  
  The Appraisal of Real Estate, 14th edition  
  The Dictionary of Real Estate Appraisal, 6th edition  
Cancellation Policy
  • Up To 15 days prior to program start date, $25.00 cancellation fee.
  • 7 - 14 days prior to program start date, $50.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
  Transfer Policy
  • Up To 15 days prior to program start date, $25.00 transfer fee.
  • 3 - 14 days prior to program start date, $25.00 transfer fee.
  • Less than 3 days prior to program start date, no transfer allowed.
AMERICANS WITH DISABILITIES ACT: In order that we may comply with ADA, we need advance notice of any special needs you may have. Please provide written details of any special needs you may have under ADA on a separate page and send it in at least two weeks in advance in order that reasonable accommodations may be arranged.

Program materials can be downloaded by the student.
  Additional Information  
This class is approved for 7 hours of CE credit in all 50 states.

Location of the class:
Restaurant Tyler (Upstairs)
100 E Main St
Starkville, MS 39759

Breakfast & Registration: 8 a.m. central time
Class begins: 8:30 a.m central time
End time: 4:30 ish central time

Lunch will be on your own. Restaurant Tyler serves lunch downstairs, and there are plenty of other options also within walking distance.

Please note that there is a 2 hour parking limit on Main Street during the day. The suggested parking options for this class are listed below:

First Baptist Church (approximately .01 miles from Restaurant Tyler)
106 E Lampkin St
Starkville, MS 39759

First United Methodist Church (approximately .02 miles from Restaurant Tyler)
200 W Lampkin St
Starkville, MS 39759

Please DO NOT park at the police station or the courthouse as you may be towed.



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