Through two in-depth case studies, this introductory course provides you with the techniques necessary for completing the sales comparison and income capitalization approaches of the valuation process. You will develop and apply qualitative and quantitative analysis techniques as well as organize and reconcile data.
Recognize the relationship between the sales comparison and income capitalization approaches and the rest of the valuation process.Extract and support adjustments using paired data analysis.Extract and support adjustments using income analysis.
Extract and support adjustments using cost and depreciation analysis.
Apply the adjustment techniques most appropriate for given data. Calculate appreciation rates for the subject property and comparable sales.Use the estimated gross monthly market rent and the reconciled GRM to derive a value indication from the income capitalization approach.Apply the reconciled GRM to the gross monthly rent estimate to derive a value indication for the subject property by the income capitalization approach.Derive an indication of value by the sales comparison approach.