Land and site valuations have a number of unique factors that the appraiser must take into consideration during an evaluation. Understanding what makes land and site appraisals so unique will help you adequately appraise these properties — a skill which may keep you in high demand with a variety of clients. Your instructor, Alan Simmons, will offer you an in-depth look at valuation of land and site by reviewing specific definitions and legal descriptions of land and site parcels.
Additionally, your instructor will engage you in extensive discussions concerning case study examples which demonstrate individual methods of land and site valuation including:
- Subdivision Development
- Land Residual
- Ground Rent Capitalization