This course is the second in a series of four ( 4) courses designed to meet the education requirements of the Maryland Real Estate Appraisers Commission for the Licensed Real Estate Appraiser classification. Topics to be covered include residential markets and analysis, highest and best use, and site valuation and the cost approach. Course Objectives:1. identify characteristics to be considered in resid_ential neighborhood analysis:2. identify and apply the test of highest and best use analysis;3. apply site valuation techniques;4. estimate replacement/reproduction cost new; and5. estimate accrued depreciation.
