Accessory Dwelling Units (ADUs): Valuation Challenges and the Law

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To View Additional Offerings Sponsored by the Northern California Chapter
Copy this link into your browser - www.norcal-ai.org

About the Seminar: The lack of affordable housing in many California markets has been a challenge vexing policymakers, local communities, employers and, ultimately, potential homeowners and renters. In 2017, the State of California adopted new development standards which apply to every planning jurisdiction in the state. These new rules effectively allow property owners to construct new or modify existing portions of their homes to incorporate an accessory dwelling unit in all but a few situations. As more and more property owners and developers take advantage of these new laws, appraisers can expect to see more and more single-family assignments that include the need to evaluate the contributory value of an ADU.

•Three Approaches to Value
•State Mandated ADU Regulations
•Cost - Income - Sales>br> •How Have Things Changed?
•Is there a Difference from Market Value to Sales Price?
•Factors Driving Price and Demand
•Case Studies: When Paired Sales are Scarce

This webinar will be held via Interactive Virtual Classroom Technology (zoom).

Additional Information

Webinar Hours
Onsite check-in will begin at 1:30pm on Wednesday, May 27. The webinar will run from 2:00pm – 4:00pm and will be conducted using zoom as the interactive learning platform.  

Required Texts / Materials 
There are no additional required texts or materials for this offering. 

Required Equipment 
This class will be held via Interactive Technology (zoom).  It is the student's responsibility to have the required equipment - Internet access, computer, webcam and microphone.  Some registrants will find a secondary device (ipad, phone, laptop or desktop computer) helpful during the presentation.

Education Credit Hours

Continuing education credit is not available for this informational webinar.

Confirmation Emails

All confirmed registrants will receive a payment receipt plus a separate confirmation by email.  Be sure that you can accept emails from each of the following email addresses: 

• info@appraisalinstitute.org
• education@appraisalinstitute.org
• lisa@norcal-ai.org
• lisa@norcal-ai.ccsend.com

In addition, details regarding logging into the webinar will be sent separately from one of these emails above.

Cancellations

Written cancellations received by Friday, May 15, are subject to a $10 cancellation fee.  Cancellations received after that time but prior to noon on Friday, May 22, are subject to a $15 cancellation fee.  No refunds for cancellations received after May 22 or for webinar "no shows".  Cancellations can be emailed to lisa@norcal-ai.org.

Questions? Contact Us
Northern California Chapter
925/932-7753    lisa@norcal-ai.org

Disclaimer Information

Cancellation Policy:    Written cancellations can be emailed to lisa@norcal-ai.org. We reserve the right to substitute instructors, or to cancel or modify this program if sufficient registrations are not received by May 22 or due to other circumstances beyond our control. In the event of cancellation, tuition fees will be refunded. All other costs incurred are the registrant’s responsibility.

Special Accommodations:  Special accommodations are available for individuals who have been professionally diagnosed as physically or learning disabled and can provide appropriate documentation in writing prior to the offering. Without advanced notification, accommodation may not be available.

Lost or Damaged Items:  The Appraisal Institute is not liable for lost or damaged items. This includes but is not limited to calculators, laptops, cell phones, etc.

Communications: By registering for this event, you agree that your communications may be monitored or recorded at any time and that your contact information may be placed in a roster designed for networking purposes.  We reserve the right to switch or change the virtual learning (zoom, Go2, etc.) platform selected for this offering based on program logistics.

Questions? Contact the Northern California Chapter:  The Northern California Chapter is the local sponsor of this virtual informational event.  We can be reached at lisa@norcal-ai.org or by calling 925/932-7753. 

National Disclaimer

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.