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
