CNA202 – Residential Cost Approach
This 2-day course will help students gain valuable insight and a working knowledge of the various theories and methodologies for performing residential site valuation and developing the Cost Approach in appraisal practice. Various costing methods will be discussed and applications of the cost approach in residential appraising will be examined.
CONTENT:
- Principle of the cost approach
- Definitions
- Site Theory
- Replacement and Reproduction Cost
- Highest and Best Use
- Depreciation
- Cost Estimating
- Site Valuation
- Marshall & Swift Residential Cost Manual
- Case studies
Total contact hours: 16
Prerequisite:
CNA101 – Introduction to Real Estate Appraising
Students must bring a calculator to class and be proficient in its use.
This course is mandatory for the DAR professional designation and must be completed by all candidate members within 6 months of becoming a member.
Hotel Rooms can be booked at:
Holiday Inn Express
291 North Front Street,
Belleville, ON, K8P 3C3,
866.238.4218
