The Cost Approach

4.39 Average Rating

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The Cost Approach has earned an average of 4.39 out of 5 stars from 4191 ratings.

As one of the three primary approaches commonly used by appraisers to value real property, the cost approach is a critical part of your appraisal knowledge base. A thorough working knowledge of the cost approach will help you produce a credible indication of value and will help provide you with the tools to do business with a wide range of clients. Your instructor, Alan Simmons, will equip you with the terminology and procedures associated with the cost approach, in addition to related concepts such as alternative methods of site valuation, replacement and reproduction cost, accrued depreciation, and market extraction.

Chapter list:

1. Review of Definitions
2. Site Valuation by Other Methods
3. Cost Approach, Concepts and Definitions
4. Replacement Cost and Reproduction Cost New
5. Cost Approach, Accrued Depreciation
6. Cost Approach, Breakdown and Market Extraction Methods of Depreciation
7. Conclusion

Appraisal Continuing Education Course Ratings and Reviews

McKissock is rated 4.4 out of 5 by 4189.
Rated 4 out of 5 by from A little challenging if all you do is SFR rural appraisals, as much of the more complicated valuation methods are never used.
Date published: 2021-01-21
Rated 5 out of 5 by from It’s comprehensive and user friendly. I enjoyed it very much.
Date published: 2021-01-21
Rated 3 out of 5 by from Decent Course. Not thoroughly expounded in some areas.
Date published: 2020-12-30
Rated 5 out of 5 by from This is not a 7 hour course. It is more like a 14 hour course. Very in depth and covers the material thoroughly. There were times when I wished it was live to ask the teacher some questions. Anyhow a pretty good course and I got out of it what I was looking for. A refresher course on the cost approach.
Date published: 2020-08-08
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Is this 7 hours of CE for license renewal ???

Asked by: richy
SC info:
Answered by: McKissock
Date published: 2020-04-22

how long after payment do I have to complete a course?

Asked by: Joe R
Your course will expire six (6) months from the date it is first opened. If a course approval is expiring with the state before that six months is up, all students enrolled in that course will be notified via email of the date by which the course must be completed in order to receive credit.
Answered by: McKissock
Date published: 2019-11-12

Does California require a final exam?

Asked by: Patrick
There will be exams for both real estate and appraisal courses.
Answered by: McKissock
Date published: 2019-10-03

Is there a final exam Are there chapter quizzes to complete This is for a Florida and Illinois license

Asked by: Mark j
There are chapter quizzes throughout the course. FL also requires a final exam.
Answered by: McKissock
Date published: 2019-04-30
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