Description
Fundamentals of Real Estate Appraisal is a classic text in the field, first published in 1975 and still updated by the original authors. The latest edition of this best-selling text provides a strong foundation for understanding the modern real estate appraisal market.
New discussion includes the modern appraisal office, gross living area, the division of outdoor spaces, the concept of curb appeal, interior house design, landscaping plans, Historical Landmark Designation, retrospective value, and financial calculators.
- Unit 1: The Appraisal Profession
- Unit 2: Appraisal Math and Statistics
- Unit 3: Real Estate and Its Appraisal
- Unit 4: Real Estate Transactions
- Unit 5: The Real Estate Marketplace
- Unit 6: The Appraisal Process
- Unit 7: Building Construction and the Environment
- Unit 8: Data Collection
- Unit 9: Site Valuation
- Unit 10: The Cost Approach—Part I: Reproduction/Replacement Cost
- Unit 11: The Cost Approach—Part II: Depreciation
- Unit 12: The Sales Comparison Approach
- Unit 13: The Income Capitalization Approach
- Unit 14: Direct and Yield Capitalization
- Unit 15: Reconciliation and the Appraisal Report
- Unit 16: Appraising Partial Interests
Award Application and Career Pathing
Fundamentals of Real Estate Appraisal applies toward the completion of the following certifications, certificates and diplomas:
ABA / AIB / CFT