Rural Valuation Basics

Description

This 7-hour seminar teaches residential and general appraisers the fundamental skills they need to complete rural valuation assignments. Instruction focuses on land mix analysis, valuing improvements with extraction and allocation, and developing adjustments. Participants will learn how to find and analyze comparable sales and apply the data that is available in rural markets to support a credible opinion of value. Excel spreadsheets and real-world examples will be provided.

Sponsor Date Location Delivery Format Check
State Approvals
 

Program State Approval & Hours

Some AI educational programs may not be approved in every state and every delivery format. To see a list of all state approvals across all formats for this course, please use the link below.

View all approvals for this course

Who should Enroll

  • Certified general appraisers
  • Certified residential appraisers

Objectives

  • Identify the characteristics of rural properties that affect value.
  • Identify data sources for rural properties.
  • Identify the best data available in markets that have limited data.
  • Analyze information on properties with different land mixes.
  • Analyze properties with multiple improvements.
  • Use soil mapping tools.
  • Develop the sales comparison approach using land and building mix analyses.


Prerequisites


Exam

No Exam

Level

Basic/Intermediate

Appraisal Institute CE Points

Attend: 35 AI Points

Class Time

7 hours

Assignments

Yes. After you register for this class, please go to your Education and Events page for details on what you must complete BEFORE class begins.
 
To access your Education and Events page, log on to the Appraisal Institute website at https://ai.appraisalinstitute.org/eweb (click on the three horizontal lines to the left of the AI logo and select “My
AI Account” from the drop-down menu).
 

Program Overview


Required and/or Recommended Equipment


Additional Information

Seminar Materials Include:
  • Seminar Handbook (258 pp.)
  • Pre-Class Memo (1 p.)

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