Maricopa Community Colleges  REA271   20075-20082 
Official Course Description: MCCCD Approval: 06/26/07
REA271 20075-20082 LEC 2 Credit(s) 2 Period(s)
Basic Appraisal Procedures
Overview of real estate appraisal approaches to valuation procedures, value, property description, residential applications, commercial applications, improvement construction, home inspection, and appraisal math. Practical application of appraisal procedures including case studies, and examples.
Prerequisites: None.
Go to Competencies    Go to Outline
 
MCCCD Official Course Competencies:
 
REA271   20075-20082 Basic Appraisal Procedures
1. Describe an overview of approaches to value (I)
2. Describe valuation procedures. (II)
3. Describe, compare, and contrast property descriptions. (III)
4. List and describe residential and commercial applications. (IV)
Go to Description    Go to top of Competencies
 
MCCCD Official Course Outline:
 
REA271   20075-20082 Basic Appraisal Procedures
    I. Overview of Approaches to Value
      II. Valuation Procedures
          A. Defining the problem
          B. Collecting and selecting data
          C. Analyzing
          D. Reconciling and final value options
          E. Communicating the appraisal
        III. Property Description
            A. Geographic characteristics of the land/site.
            B. Location and neighborhood characteristics
            C. Land/site considerations for highest and best use
            D. Improvements
                a. Architectural styles
                b. Types of construction
          IV. Applications
              A. Residential
              B. Commercial
          Go to Description    Go to top of Competencies    Go to top of Outline