Building upon intermediate appraisal concepts, the student will explore practical applications of the three approaches to value. Course lectures are supplemented with problems, exercises and case studies. Advanced Rural Appraisal (A-300) is a natural progression for individuals who have successfully completed the Intermediate Approach to Value for Rural Appraisal (A-200) course and want to focus on advancing their skills needed to solve rural appraisal problems. These skills include advanced analysis of depreciation; income capitalization including direct overall capitalization, straight-line, band of investment, income and expense analysis, and discounting; lease analysis; and advanced sales comparison approach techniques. There is a full-day case study that enables the student to apply the three approaches to value in the appraisal of a rural property.
Dates: 10/19/2008 to 10/25/2008
