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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Allied Business Schools, Inc. | Evaluated Learning Experience

Residential Appraiser Site Valuation and Cost Approach

Location: 
Various, distance learning format.
Length: 
15 hours.
Dates: 
March 2007 - December 2014.
Learner Outcomes: 
Students will be able to: list types of real estate value and factors that affect value, analyze data used for appraisal relating to its source, quality, reliability and veracity, identify and define three types of depreciation and methods of calculation, summarize uses of land valuation and the methods available to appraisers to develop these valuations, list six methods used to estimate land value, discuss replacement and reproduction costs, identify the methods used to estimate replacement cost, define components of a house and describe the inspection process, summarize uses of the cost approach, explain the summation process in appraisal, complete the cost section on the URAR, identify and explain the procedures used to arrive at a final estimate.
Instruction: 
This course focuses on the fundamentals of site valuation and cost approach in appraising real estate and covers topics established by the Appraiser Qualifications Board of The Appraisal Foundation.
Credit recommendation: 
In the lower division associate/baccalaureate degree category, 1 semester hour in Real Estate (3/12).

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