The appraiser will apply appraisal principles and analytical techniques to rural appraisal problems. Specialized property types will be studied to emphasize different parts of the appraisal process. Advanced applications include: The breakdown method of depreciation
- Trend and bracketing analysis
- Income approaches to value
- An introduction to statistical analysis
This course was developed jointly by ASFMRA and AI.
Please Note: This is an advanced skill level course. It is assumed the student has already gained the level of knowledge and understanding that is taught in the lower level courses.
Required Equipment & Textbooks: HP- 12c, HP-17bII or HP-19bII calculator; Appraisal of Rural Property, Second Edition
Optional Equipment: Self-powered laptop computer. (There is NO computer tutoring in this course.)Computers are not allowed during the examination.
Optional Texts: The Appraisal of Real Estate, Thirteenth Edition; Dictionary of Real Estate Appraisal, Third Edition; Capitalization Theory and Techniques Study Guide. AIREA Financial Tables and The Appraiser's Workbook are available only through the Appraisal Institute at (312) 335-4100.
Contact Hours: 36 hours + 4 hour exam
Course Timetable: Days: 1-5 8 AM - 5 PM
Accreditation: This course is required for the ARA and the RPRA
List of Approvals