As one of the three primary methods used to value real property, the sales comparison approach is a critical tool in the appraiser’s toolkit. In this course your instructor will dive deeper into the sales comparison approach, expanding on concepts learned in the Basic Appraisal Principles and Procedures courses and illustrating the key components of the sales comparison approach with examples, case studies and practice problems. While the most of the material in this course concentrates on residential properties, there is a section applicable to all kinds of income-producing properties. Mini-quizzes interspersed throughout the course will test your comprehension as you prepare you for the final exam.
1. Valuation Principles and Procedures of the Sales Comparison Approach
2. Analysis Techniques of the Sales Comparison Approach
3. Financing Terms and Cash Equivalency
4. Physical Characteristics Adjustment