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Appraisal Certification Courses |
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Appraising Unique Properties Course ContentThey're the "different" ones. Whatever makes an appraisal assignment unique or unexpected is probably rare, but it can challenge an appraiser's patience, thought, and awareness of applicable techniques. Yet, there are established principles and practices to deal with almost every "oddball" property. This course covers how an assignment can become complex, and considerations of appraiser competency; the types of value that may apply to complex or unique appraisals, how government regulations can create complexities that affect the appraisal process, and how to note and disclose complex circumstances in an appraisal report. It also looks at applying accepted methodology and techniques in a non-traditional manner, concerns for appraising portions of a site and understanding problem areas, evaluating non-structural or special features that make an appraisal more complex, and considering and analyzing easements. For residential properties, it offers an understanding of how data collection and analysis requires specialized knowledge, how to apply adjustments to comparables of complex properties, applying cost and income approaches, completing an analysis and reconciliation, and how to recognize and approach appraisals of special properties. This is a 5-hour classroom course.
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