Because of this it is important that we have trained professionals that can give us an estimate of value for these properties based upon research and knowledge. A study of the central purposes and function of an appraisal, social and economic determinate of value, appraisal case studies, cost, market data and income approaches to value estimates final correlation, and reporting. Examines the appraisal of residential properties with specific emphasis on single family residential appraisal theory and techniques. It is the basic course for appraisers, property owners, licensees, and investors who want to learn the basic principles of residential real estate appraising in a practical setting. Waco Zoning Book, appropriate handouts and possible software.
Absences have a detrimental impact on grades and credit.
Students are encouraged to do outside reading. Each student will be required to do a short narrative appraisal or form appraisal on a single family residence. The amount of time spent and the depth of coverage of certain areas may vary according to interest and background. No student shall receive credit for the course without meeting the attendance requirements and having a passing grade average on all work. A student who fails may retake the course for credit.