Residential Market Analysis and Highest & Best Use
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Market analysis and highest and best use are key elements involved in a credible real property valuation. In this course your instructor will review the basics of analysis, including definitions, terminology and various common methodologies used to extract information from the market. Following the analysis section is an exploration of the concept of highest and best use and the theory of consistent use. Examples and hypothetical problems accompany each section, allowing you to work through the scenario as you might in a real world appraisal.
In addition to the end-of-chapter quizzes and final exam, this course contains mini-quizzes that will test the knowledge of the material throughout each chapter. At the conclusion of the course there is a required one-hour proctored exam that must be taken in a monitored setting.
- Chapter 1 - Market Fundamentals, Characteristics, and Definitions
- Chapter 2 - Market Analysis
- Chapter 3 - Using the Market Analysis
- Chapter 4 - Highest and Best Use
- Chapter 5 - Case Studies for Highest and Best Use
- Chapter 6 - Conclusion