Course Descriptions

Land Valuation
002-658 Seminar | 002-659 Exam

Determining the value of land is one of the fundamental responsibilities of assessing officials. This course will discuss everything needed to be successful at land valuation, including:

  • The importance of proper land values.
  • Pre-requisites to land valuation, such as defining land, land ownership, economic principles, and market areas.
  • Collecting the right types of data.
  • Math and statistics needed in land valuation
  • Units of comparison
  • Valuation methods, including
    • Sales comparison approach
    • Comparative unit method
    • Base lot method
    • Allocation
    • Abstraction

Hours: 15 CE Hours
Category: Land

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