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

Residential Site Valuation and Cost Approach Live Online Class (15-Credit Hours)

WI Residential Site Valuation and Cost Approach Live Online Class (15-Credit Hours)

Price: $329.00

Credit Hours: 15

Key Points:

Attend live classes from the comfort of your home or office! Live online courses make it more convenient than ever to study for your real estate licensing exam.

  • You get access to the same great Kaplan Real Estate Education content and instructors.
  • Our courses offer opportunities to engage with other students and your instructor.
  • As an added bonus, you can learn anywhere you have internet access!*

This 2-day course is your opportunity to review the principles and applications of the cost approach and its relationship to residential site valuation.

This course includes step-by-step applications of the cost approach. It begins with a detailed inspection of the property. You’ll learn how to inspect the improvements and analyze the condition. You’ll learn how to inspect the site and perform a market analysis. And you’ll learn exactly how to measure the improvements and compute area. Through case studies and examples you’ll practice estimating physical deterioration, functional obsolescence and economic obsolescence. You’ll also learn how to reconcile the estimates of depreciation.

The principles covered in Residential Market Analysis and Highest and Best Use will be applied to show you how to perform a market analysis and arrive at a highest and best use conclusion. You’ll also look at alternative residential site valuation principles. The primary focus is the application of the sales comparison approach to estimate residential site value. You’ll learn the most common elements and units of comparison. You’ll also learn how to apply allocation and market extraction techniques. Finally, you’ll learn how to reconcile all of this information to arrive at your reconciled opinion of site value.

Topics:

  • Residential applications of the cost approach
  • Alternative methods to estimate building costs
  • How to find and apply cost data
  • Physical, functional and external depreciation
  • How to measure depreciation
  • How to perform market extraction
  • How to apply the breakdown method of depreciation
  • The principles of site valuation
  • How to identify site characteristics
  • How to analyze the market and determine highest and best use
  • Case studies and examples
  • Federally mandated one hour final exam must be passed for course credit

*For additional information on supported devices, please visit www.kapre.com/company/system-requirements.

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