Appraising High-end Properties

  • 2-hours
  • Zoom
  • Zoom

This course provides residential appraisers with the specialized knowledge needed to competently appraise high-end and luxury properties. These assignments often involve complex characteristics such as custom architecture, unique amenities, expansive sites, premium locations, and limited comparable sales. The course addresses the challenges of identifying appropriate comparable data, supporting adjustments, and reconciling value conclusions in markets where property features may vary widely. Participants will explore best practices for verifying sales data, analyzing market segments, and reporting credible results in compliance with USPAP and lender requirements. Examples and valuation scenarios will highlight techniques for recognizing and accounting for the distinctive elements that define high-end residential properties.