Basic Appraisal Procedures - March 2025
Monday, March 17, 2025, 8:30 AM - 5:00 PM CDT
Category: Events
Basic Appraisal ProceduresMonday, March 17 - Thursday, March 20, 2025 8:30am - 5:00pm Central Time daily Hilton Garden Inn Click here to register through NSCAIRegistration closes March 13. This course is co-sponsored by MAAO and the North Star Chapter of the Appraisal Institute (NSCAI).
Apply the principles and concepts learned in Basic Appraisal Principles. This 30-hour course takes you step-by-step through the valuation process:
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.
Registration: Through the North Star Chapter of the Appraisal Institute (NSCAI). If you have issues with registration, reach to [email protected]. MAAO Members automatically receive the same registration rate as Appraisal Institute members. Instructors: Byron E. Miller, SRA and Brett Hall, MAI, SRA Prerequisite: Six months work experience and Assessment Laws and Procedures and Basic Appraisal Principles preferred Requirements: See the registration page. Course Materials: See the registration page. Location: Hilton Garden Inn Minneapolis/Maple Grove, 6350 Vinewood Lane North, Maple Grove, MN 55311 Hotel Group Rate: For your convenience, a block of hotel rooms has been reserved at the Hilton Garden Inn Minneapolis/Maple Grove for $139 per night. Reservations are the responsibility of individual attendees and must be made by February 28, 2025, to ensure the group rate. To reserve accommodations, use this booking link or call the hotel at 763-509-9500 and mention the MAAO room block. Food & Beverages: For student, instructor, and employer convenience a limited variety of refreshments and snacks are included in your registration fee and will be available for a.m. and p.m. breaks. In order to keep registration fees lower, lunch will be on your own for MAAO co-sponsored courses such as this one, so please plan accordingly. Scholarships: MAAO offers weeklong course scholarships to anyone that is interested in pursuing a career in the assessment field and demonstrates a financial need. Courses eligible for a scholarship include Assessment Laws and Procedures (ALP), Appraisal Principles, Appraisal Procedures, and Mass Appraisal. More information and a scholarship application are available by clicking here. COVID Considerations: MAAO is following the current guidance from the Minnesota Department of Health. Each educational offering is subject to cancellation if mandated by the Governor or due to a change in COVID conditions. A 100% refund will be processed for any registrant due to a COVID-related cancellation. Attendance at any course is at the risk of the employer and attendee. MAAO or A.I. will not be held liable.
Click here to register through NSCAIRegistration closes March 13. This course is co-sponsored by MAAO and the North Star Chapter of the Appraisal Institute (NSCAI).
If you are not currently a member of MAAO and would like to join to receive member-based pricing, click here to learn how to join MAAO. Please allow one business day for membership application processing prior to registering for courses and seminars. Contact: MAAO Education Coordinator | [email protected] |