- Date
- September 12-13, 2024
- Sponsor
- Tennessee Chapter
- Location
- Sheraton Music City Hotel
777 McGavock Pk
Nashville, TN 37214
- Instructor
- James B. Atwood, SRA
- Class Time
- 14 hours
- Exam Time
- 1 Hour
- Full Price
- $425.00
- AI Price
- $360.00
Course Description
Who Should Enroll
AI CE Points
State Approvals
| State | QE/CE | Course & Exam | Course Only | Exam Only | Delivery Format | Approval Format | Start Date | Expire Date | State Code |
|---|---|---|---|---|---|---|---|---|---|
| AL | CE | 15 | 14 | 1 | Classroom | Classroom | 10/01/2022 | 09/30/2024 | C02687 |
| AL | QE | 15 | 14 | 1 | Classroom | Classroom | 10/01/2022 | 09/30/2024 | C02687 |
| AR | CE | 14 | 14 | Classroom | Classroom | 05/06/2022 | 09/10/2025 | ||
| AR | QE | 15 | 14 | 1 | Classroom | Classroom | 05/06/2022 | 09/10/2025 | |
| AZ | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| AZ | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| CA | CE | 14 | 14 | Classroom | Classroom | 09/20/2021 | 07/27/2025 | 05754102 | |
| CA | QE | 15 | 14 | 1 | Classroom | Classroom | 09/20/2021 | 07/27/2025 | 05754102 |
| CO | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/16/2027 | 2619 |
| CO | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/16/2027 | 2619 |
| DC | CE | 15 | 14 | 1 | Classroom | Classroom | 02/29/2024 | 02/28/2026 | 4055 |
| DC | QE | 15 | 14 | 1 | Classroom | Classroom | 02/29/2024 | 02/28/2026 | 4055 |
| DE | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| DE | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| FL | CE | 14 | 14 | Classroom | Classroom | 10/27/2023 | 10/26/2025 | 0007610 | |
| FL | QE | 15 | 14 | 1 | Classroom | Classroom | 10/06/2022 | 10/05/2024 | 0007815 |
| GA | CE | 15 | 14 | 1 | Classroom | Classroom | 10/07/2005 | 43954 | |
| GA | CE | 14 | 14 | Classroom | Classroom | 10/01/2005 | 43955 | ||
| GA | QE | 15 | 14 | 1 | Classroom | Classroom | 10/01/2005 | 43954 | |
| HI | CE | 14 | 14 | Classroom | Classroom | 04/16/2024 | 12/31/2024 | 23-367 | |
| HI | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 12/31/2024 | 23-367 |
| IA | CE | 14 | 14 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | A518-437 | |
| IA | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | A518-1194 |
| IA | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | A518-404 |
| ID | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 02/28/2026 | |
| ID | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 02/28/2026 | |
| IL | CE | 14 | 14 | Classroom | Classroom | 01/01/2023 | 12/31/2024 | 575.001131 | |
| IL | QE | 15 | 14 | 1 | Classroom | Classroom | 01/01/2023 | 12/31/2024 | 573.000401 |
| IL | QE | 15 | 14 | 1 | Classroom | Classroom | 09/23/2005 | 12/31/2024 | 573.000401 |
| IN | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| IN | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| KS | CE | 14 | 14 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 232.C24.R | |
| KS | QE | 15 | 14 | 1 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 333.P24.R |
| KY | CE | 15 | 14 | 1 | Classroom | Classroom | 07/01/2023 | 06/30/2024 | |
| KY | QE | 15 | 14 | 1 | Classroom | Classroom | 07/01/2023 | 06/30/2024 | |
| LA | CE | 14 | 14 | Classroom | Classroom | 04/16/2021 | 06/14/2024 | A0085 | |
| LA | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2021 | 06/14/2024 | A0085 |
| MA | CE | 14 | 14 | Classroom | Classroom | 04/25/2024 | 04/15/2027 | 00120151 | |
| MA | QE | 15 | 14 | 1 | Classroom | Classroom | 04/25/2024 | 04/15/2027 | 00120128 |
| MD | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| MD | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| ME | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| ME | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| MI | CE | 14 | 14 | Classroom | Classroom | 09/05/2023 | 09/05/2026 | 20 - 864099 | |
| MI | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/16/2027 | 20-1197146 |
| MN | CE | 15 | 14 | 1 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 58775 |
| MN | CE | 14 | 14 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 996064 | |
| MN | QE | 15 | 14 | 1 | Classroom | Classroom | 05/01/2024 | 04/30/2026 | 509 |
| MO | CE | 14 | 14 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | ||
| MO | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | |
| MT | CE | 14 | 14 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | REA-CEC-REC-17970 | |
| MT | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | REA-CEC-REC-17970 |
| NC | QE | 15 | 14 | 1 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | |
| ND | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | QE-223011 |
| NE | QE | 15 | 14 | 1 | Classroom | Classroom | 05/21/2008 | 04/15/2027 | 1151405.02 |
| NJ | CE | 14 | 14 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 2024-3015 | |
| NJ | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 2024-3015 |
| NV | CE | 14 | 14 | Classroom | Classroom | 11/01/2022 | 05/23/2024 | CE.0009707-A | |
| NV | QE | 15 | 14 | 1 | Classroom | Classroom | 11/01/2023 | 08/31/2024 | PL.0009586-A |
| NY | CE | 14 | 14 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | A5480-14 | |
| NY | QE | 15 | 14 | 1 | Classroom | Classroom | 10/01/2023 | 09/30/2024 | Q0206 R8 |
| OH | CE | 14 | 14 | Classroom | Classroom | 01/01/2024 | 12/31/2024 | 084402604A 22 | |
| OH | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| OK | CE | 14 | 14 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 703v | |
| OK | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 612 |
| OR | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | APIN-Q-0424-9030 |
| OR | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | APIN-Q-0424-9030 |
| PR | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| PR | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| RI | CE | 15 | 14 | 1 | Classroom | Classroom | 04/17/2027 | 04/15/2027 | REA.0002187-CE |
| RI | QE | 15 | 14 | 1 | Classroom | Classroom | 04/17/2027 | 04/15/2027 | REA.0002187-CE |
| SC | CE | 15 | 14 | 1 | Classroom | Classroom | 09/01/2022 | 08/31/2024 | CE1982 |
| SC | QE | 15 | 14 | 1 | Classroom | Classroom | 09/01/2022 | 08/31/2024 | AS.1QE5 |
| SC | QE | 15 | 14 | 1 | Classroom | Classroom | 08/31/2014 | 08/31/2024 | AS.1QE-5 |
| SD | CE | 15 | 14 | 1 | Classroom | Classroom | 11/26/2023 | 04/15/2027 | SD 381 |
| SD | QE | 15 | 14 | 1 | Classroom | Classroom | 04/27/2024 | 04/15/2027 | SD 381 |
| TN | CE | 15 | 14 | 1 | Classroom | Classroom | 10/01/2023 | 10/31/2025 | 951 |
| TN | QE | 15 | 14 | 1 | Classroom | Classroom | 10/01/2023 | 10/31/2025 | 951 |
| TX | CE | 15 | 14 | 1 | Classroom | Classroom | 05/03/2024 | 04/30/2026 | TX Provider #:10 Course #:48077 |
| TX | QE | 15 | 14 | 1 | Classroom | Classroom | 03/25/2023 | 03/24/2026 | TX Provider #: 8038 Course #: 27852 |
| UT | CE | 14 | 14 | Classroom | Classroom | 04/01/2023 | 03/31/2025 | AC230315 | |
| UT | QE | 15 | 14 | 1 | Classroom | Classroom | 01/01/2018 | 05/31/2025 | AQ230526 |
| VA | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| VA | QE | 15 | 14 | 1 | Classroom | Classroom | 10/01/2023 | 09/30/2025 | 4006000473 |
| VT | CE | 14 | 14 | Classroom | Classroom | 02/15/2024 | 08/31/2025 | ||
| VT | QE | 15 | 14 | 1 | Classroom | Classroom | 02/15/2024 | 08/31/2025 | |
| WA | CE | 15 | 14 | 1 | Classroom | Classroom | 04/18/2024 | 04/15/2027 | A23015549 |
| WA | QE | 15 | 14 | 1 | Classroom | Classroom | 04/18/2024 | 04/15/2027 | A23015549 |
| WI | CE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| WI | QE | 15 | 14 | 1 | Classroom | Classroom | 04/16/2024 | 04/15/2027 | 77113 |
| WV | CE | 15 | 14 | 1 | Classroom | Classroom | 04/23/2024 | 04/15/2027 | |
| WV | QE | 15 | 14 | 1 | Classroom | Classroom | 04/23/2024 | 04/15/2027 | |
| WY | CE | 14 | 14 | Classroom | Classroom | 08/31/2021 | 08/31/2024 | 1701 | |
| WY | QE | 15 | 14 | 1 | Classroom | Classroom | 08/31/2021 | 08/31/2024 | 1702 |
Course Objectives
- Identify all steps in completing a cost approach. The step-by-step process of estimating current construction cost is the focus.
- Recognize how to use data sources and the comparative-unit method of cost calculation.
- Apply the age-life and market extraction methods of estimating depreciation.
- Apply the breakdown method of estimating depreciation, including physical deterioration, functional obsolescence, and external obsolescence.
- Recognize elements of cost approach summation, including reconciliation of depreciation estimates.
- Identify residential site valuation principles and how they relate to the concept of market analysis and the development of a highest and best use conclusion.
- Identify the elements of comparison and the units of comparison as they are applied in the sales comparison approach for estimating site value.
- Recognize steps in the extraction and allocation methods of site valuation.
- Reconcile multiple site value indications to a final opinion of site value.
Course Details
Program Overview:
Table of Contents and Overview
Course Schedule
Assignments:
No
Equipment:
- A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
- You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
- Free Review: Using a Financial Calculator: Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises.
- For additional help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator.
- HP-12C calculator User’s Manual.
Additional Information:
Course Materials Include:
- Course Handbook (413 pp.)
- Case Study Booklet (26 pp.)
You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.
Prerequisites
Course Materials & Recommended Books
Pricing Options
| Rate | Full Price | AI Price |
|---|---|---|
| Standard
Today thru 09/13/2024 |
$425.00 | $360.00 |
Additional Course Offerings
| Sponsor | Date | Location | Format | ||
|---|---|---|---|---|---|
| Appraisal Institute | On Demand | Online | View Details | Register | |
| Appraisal Institute | June 10-13, 2024 | Synchronous | View Details | Register | |
| Northern California Chapter | June 17-18, 2024 | Walnut Creek, CA | Classroom | View Details | Register |
| Appraisal Institute | November 5-8, 2024 | Synchronous | View Details | Register |
Event Information
Location:
Sheraton Music City Hotel
777 McGavock Pike
Nashville, TN 37214
Registration: 7:30 a.m. central time
Class Begins: 8:00 a.m. central time
HOTEL RESERVATIONS: A special discounted nightly rate of $179.00 has been arranged for your stay at the Sheraton Music City Hotel. Please click HERE to book your room reservation.
Please Note: Room reservations must be made by the cut-off date of August 12, 2024 in order to guarantee this rate. Please contact the hotel (not the chapter!) directly at 615-885-2200 if you are trying to make a reservation after the cut-off date. The hotel may be able to extend the group rate to you if their occupancy allows, but again, the discounted rate is only guaranteed until the date of August 12, 2024.
Parking: Parking at this hotel is available to students at a discounted rate of $5 per day. If you have a vehicle and are staying at the hotel for this course, you will need to stop by the bell desk/valet to pre-pay for parking when you check in. The hotel will give you a parking pass for the duration of your stay. If you are attending this course as a day student, you will need to have your ticket validated each day.
Airport Shuttle: Complimentary round-trip airport transportation to and from the hotel is provided daily between 4 a.m. - 11 p.m. Please contact the hotel at 615-885-2200 to request shuttle service during these hours.
Tuition:
Tuition includes a downloadable PDF of the class material. It does not include a hard copy of the material. If you want a hard copy of the material for this course mailed to you, you must pay an additional fee + the cost of shipping.
Course Material:
Course material is automatically provided to ALL Students via the download option. Please bring your computer or other device to class and have the downloaded material or printed copy of the material with you when you get to class. If you would like to receive a printed copy of the course material, you will have an option during the registration processs to order it.
**Students requesting printed material will be charged a material fee + Shipping in addition to the cost of tuition. (Note: If you do not receive your material shipment in time for the course, please download or print a copy of the material from the "Education and Events" section of your AI Account).
There will be a charging station in the classroom for your device(s). If you did not pay an additional fee to have the class materials shipped to you, you must DOWNLOAD the material for this class.
Here is how to download our material for this class:
Login to your Appraisal Institute Account at www.appraisalinstitute.org
Once logged in, make sure to click the "My Account" button on the top right of the page. It is a green button.
Click "Education & Events" and then find the title of this class.
You will be taken to a list of all the AI Classes you have attended.
Find this class title...
Click "View".
You can download your material there.
There will not be hard copies of the material available for purchase or pickup on site. You must come to class prepard with your material.
HOTEL RESERVATIONS: A special discounted nightly rate of $179.00 has been arranged for your stay at the Sheraton Music City Hotel. Please click HERE to book your room reservation.
Please Note: Room reservations must be made by the cut-off date of August 12, 2024 in order to guarantee this rate. Please contact the hotel (not the chapter!) directly at 615-885-2200 if you are trying to make a reservation after the cut-off date. The hotel may be able to extend the group rate to you if their occupancy allows, but again, the discounted rate is only guaranteed until the date of August 12, 2024.
Parking: Parking at this hotel is available to students at a discounted rate of $5 per day. If you have a vehicle and are staying at the hotel for this course, you will need to stop by the bell desk/valet to pre-pay for parking when you check in. The hotel will give you a parking pass for the duration of your stay. If you are attending this course as a day student, you will need to have your ticket validated each day.
Airport Shuttle: Complimentary round-trip airport transportation to and from the hotel is provided daily between 4 a.m. - 11 p.m. Please contact the hotel at 615-885-2200 to request shuttle service during these hours.