Registration closes 2 weeks before the class start date. If you are wanting to register after registration has closed, you must contact CNAREA at education@cnarea.ca to inquire if space is still available. You will be subject to a late registration fee.

*All courses will have the provincial tax, of where the course is being held, added at checkout*

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Toronto – CNA201 – Residential Real Estate Appraising – October 07 & 08

October 7 @ 8:00 am - October 8 @ 5:00 pm EDT

- $500

CNA201 – Residential Real Estate Appraising

This is a 2-day course suitable for residential appraisers of all experience levels. After a brief review of the basic appraisal principles, the student is guided through a comprehensive case study of a complete residential form type appraisal. The cost approach is covered utilizing the Marshall & Swift cost manual. Land valuation methods are addressed with five sales comparables supplied for analysis. The sales comparison approach includes nine comparables from which the student must select the best three, then complete an actual appraisal report. The income approach is discussed with a variation of possible valuation methods. Suggestions for complete report preparation and USPAP compliance are presented. Students must pass an examination to receive a certificate of completion.

CONTENT

  • Review of basic appraisal principles
  • USPAP – Scope of Work Rule
  • Types and Definitions of Value
  • Assignment Conditions – Extraordinary Assumptions, Hypothetical Conditions
  • Sales Comparison Approach and Adjustment Methods
  • Cost Approach, Land Valuation
  • Income Approach
  • Case Studies
  • Report presentation

Total contact hours: 16

Prerequisite: CNA101 Introduction to Real Estate Appraising

This course is mandatory for the DAR designation.

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Details

Start:
October 7 @ 8:00 am
End:
October 8 @ 5:00 pm
Cost:
$500
Event Category:

Venue

Holiday Inn Express & Suites – Toronto Markham
10 East Pearce St
Richmond Hill, ON L4B 0A8 Canada
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Phone:
905-695-5990