Advanced Land Valuation: Sound Solutions to Perplexing Problems
By examining unusual and complex land valuation assignments, this seminar takes concepts covered in other AI programs to the next level. Besides lecture, discussion, and Q&A, sample case studies demonstrate, primarily in Excel, conceptual and practical applications that you’ll be able to incorporate into your day-to-day work. Suggested solution strategies for these assignments are provided.
Who Should Enroll
- General and residential certified appraisers
- Consultants, real estate agents, land owners, land use planners, developers, investors
AI CE Points
Attend:
75
Course Offerings
We are not currently offering this course, but please contact us for additional options and more information.
Course Objectives
- Use a land residual technique based on a DCF analysis to value land intended for two alternative competing uses (“for rental” apartments versus “for-sale” condominiums).
- Determine the highest and best use of land when the legally permissible, physically possible, and financially feasible use(s) are very uncertain and cannot be determined using traditional methodologies.
- Determine land value when the value is a function of a curvilinear relationship with its appropriate unit of comparison (in this case, the value of land suitable for apartment development as a function of density).
- Determine land rent using a nontraditional unit of comparison (in this case land rental value based on average traffic volume).
- Estimate the value of land subject to a long-term ground lease with multiple forms of financial benefits accruing to the landowner.