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Basic Appraisal Procedures

 

August 11, 2025 - August 14, 2025
8:00 AM - 5:00 PM
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Holiday Inn & Suites
Holiday Inn & Suites
St. Cloud, MN
Directions

Apply the principles and concepts learned in Basic Appraisal Principles. This 30-hour course takes you step-by-step through the valuation process:

  • Defining the problem
  • Collecting and analyzing data
  • Reaching a final opinion of value
  • Communicating the appraisal

Learn about the three approaches to reaching an opinion of value (income capitalization, cost, and sales comparison) and apply them in true-to-life case studies and problems. After examining income capitalization methods and formulas, discover how rates and multipliers are derived. Through case studies, apply the steps and concepts of the cost approach, i.e., how appraisers estimate the cost of constructing a reproduction of or replacement for an existing structure; the three major components of depreciation; methods for estimating and allocating depreciation; and land and site valuation.

The course will guide you through the sales comparison approach, including researching the market, verifying information, selecting units of comparison, conducting a comparative analysis, making adjustments, and reconciling conclusions. The material also covers the general types of appraisal reports. Finally, the course introduces property description plus the basics of construction and design.

REGISTER HERE!

This course has been approved by The Minnesota Department of Commerce for 28 hours of appraisal continuing education.

This course has been approved by The Minnesota Department of Commerce for 30 hours of appraisal qualifying education.

Hotel:  Holiday Inn & Suites, 75 37th Avenue South, St. Cloud, MN.

A block of hotel rooms is reserved for Sunday through Thursday for each week at the rate of $98 per night. Reservations must be made by individual attendees directly with the Reservations department at (320) 253-9000, option 0.  Mention the code "MAAO".

Chapter Disclaimer

It is the policy of the Appraisal Institute to provide reasonable accommodations for qualified persons with disabilities who are participating in Appraisal Institute Educational Programs.  If you need accommodations to participate because of a disability, please notify us in writing at least two weeks in advance of the program and we will arrange for reasonable accommodation. 

Cancel Policy

Registrations can be cancelled or transferred to a different date up to 7 days prior to the start of the course. Cancellations or transfers within 7 days of the start of the class are subject to a $30 processing fee.