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Residential Cost Approach
7 hrs Appraiser Continuing Education OREA Approval #10346C119

This appraiser course will address the advantages and disadvantages of using the cost approach in residential appraising will be examined.  The important distinction between Replacement Cost New and Reproduction Cost New will be discussed, along with an in-depth look at several methods for estimating accrued depreciation. Students will learn to distinguish the difference between direct and indirect (hard and soft) costs.

Residential Cost Approach may be taken with course Residential Site Valuation with an exam and be used for 15 hours of the 150 hours of the 2008 AQB Basic Appraisal Education requirements.

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$99.00
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