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Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Basic Appraisal Procedures Classroom Course (30-Credit Hours)

MN Basic Appraisal Procedures

Price: $579.00

Credit Hours: 30

Key Points:

Your appraisal education continues with an overview of the basic procedures to develop a real property appraisal.

You will learn about the three valuation approaches used to reach an opinion of value and how they apply in specific appraisal assignments. This course will guide you through specific analytical techniques to form opinions about market data and show you how to properly conduct a market analysis and prepare a property description. Through case studies and real world examples you’ll prepare for your new career. The course workbook is also full of sample test-type questions, review exams, and fill-in-the-blank glossary reviews to prepare for success on the appraiser exam.

This course has been approved by the Minnesota Commissioner of Commerce for 30 hours of appraisal licensing education.

Topics:

  • The appraisal process
  • Scope of work
  • Market analysis
  • Highest and best use
  • Reconciliation
  • Appraisal math and statistics
  • Basic mathematical functions
  • Calculating area
  • Statistics and finance math
  • An overview of the approaches to value
  • The sales comparison approach
  • The cost approach
  • The income approach
  • Property description
  • Land / site geological and geographical characteristics
  • The neighborhood
  • Architectural styles
  • Final exam
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