General Appraiser Site Valuation and Cost Approach

4.27 Average Rating

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General Appraiser Site Valuation and Cost Approach has earned an average of 4.27 out of 5 stars from 967 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
10. Depreciation
11. Breakdown and Market Extraction Methods of Depreciation
13. Conclusion
9. Marshall & Swift Commercial Estimator 7
12. Case Study

Appraisal Upgrade Course Ratings and Reviews

McKissock is rated 4.3 out of 5 by 962.
Rated 5 out of 5 by from Don't get frustrated with missed questions. They do a great job explaining how and why you missed it.
Date published: 2020-05-29
Rated 5 out of 5 by from Great Case Studies and well organized breakdown of the math portions.
Date published: 2020-05-14
Rated 5 out of 5 by from The pertinent information is provided and conveyed in an easy to understand way. The instructor also mentioned his/her own thought processes regarding the various topics, which were helpful in expanding on the topics in real world situations.
Date published: 2020-03-13
Rated 5 out of 5 by from Good course that was challenging and very informative with goo insights.
Date published: 2020-02-25
Rated 5 out of 5 by from As always, good education, good format, good value!
Date published: 2019-12-11
Rated 5 out of 5 by from I am a trainee seeking my general certification. This course is great for going at your own pace. I liked that with about 1 1/2 years experience there were section I could go faster through and others I could spend my time with. The quizzes are helpful and show explanations if you get a problem wrong.
Date published: 2019-10-27
Rated 5 out of 5 by from Course was informative and provided a sound base to take CE Credits and upgrade my license.
Date published: 2019-10-22
Rated 5 out of 5 by from This is the first McKissock class I've taken and I'm much more pleased with it than those offered by the Appraisal Institute. The interface is much more advanced, the material is clear, the test questions aren't confusing like many included with AI classes. I also like that I have the ability to go to my local library to take the exam. For AI classes, I'm required to go to a Pearson testing center where I literally have to pat myself down like I'm visiting someone in prison.
Date published: 2019-09-08
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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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