General Appraiser Site Valuation and Cost Approach

4.28 Average Rating

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General Appraiser Site Valuation and Cost Approach has earned an average of 4.28 out of 5 stars from 1047 ratings.

This course provides an in-depth look at developing a Cost Approach for commercial appraisals. The six methods of site valuation are illustrated and explained. 

Illustrations and examples are offered of the three methods of cost estimation: Comparative Unit, Unit-in-Place, and Quantity Survey Methods. Detailed cost workups will be studied using Illustrations from the Marshall & Swift Valuation Service. 

Then, the three methods of estimating depreciation (Age-Life, Market Extraction, and Breakdown Methods) will be examined in detail. All of these topics will be expanded through the use of helpful case studies and case problems. 

There is a required three-hour comprehensive proctored examination at the conclusion of the course that must be taken in a monitored classroom setting.

Chapter list:

1. Land and Site Appraisals
2. Physical and Legal Forces Affecting Land and Site Values
3. Economic and Social Forces Affecting Land and Site Values
4. Site Valuation Methods
5. Site Valuation Practice Problems and Case Study
6. Cost Approach, Concepts, and Definitions
7. Replacement/Reproduction Cost New
8. Marshall Valuation Service
9. Marshall & Swift Commercial Estimator 7
10. Depreciation
11. Breakdown and Market Extraction Methods of Depreciation
12. Case Study
13. Conclusion

Appraisal Licensing Course Ratings and Reviews

McKissock is rated 4.3 out of 5 by 1045.
Rated 2 out of 5 by from Horrible course. I was required to answer questions and do case work where I could not see the data because a printer was needed. Most frustrating course.
Date published: 2021-01-19
Rated 2 out of 5 by from Many typos and errors, not impressed for the money, and the fact that you are on your own for finding a proctor has assured that I won't be taking any further classes with McKissock.
Date published: 2021-01-11
Rated 4 out of 5 by from Material is organized however the quiz questions can be out of order (on the check you understanding prior to being reviewed)
Date published: 2020-12-21
Rated 5 out of 5 by from This course covered the basics and then went into more detailed areas, which proved to be a good challenge.
Date published: 2020-07-24
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I'm about to order this class. Does the test need to be taken in a testing center like a Sylvan Learning Center, etc., or does it just need a proctor of my choosing that's not related, not a co-worker, etc?

Asked by: Daniel
Here is some info on our FAQ page about who can/can't proctor, and proper procedures:
Answered by: McKissock
Date published: 2019-12-13

Are the exams offline proctored or online at a testing centre?

Asked by: Goldie27
For the state of CO there are 2 options when taking the proctored exam - it can be done online or on paper. Either way you are required to have a proctor or monitor with you when taking the exam. The only requirements in place on a proctor is you cannot be related to the person or work with them on a daily basis.
Answered by: McKissock
Date published: 2018-06-18
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