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Course Description

Description:

Enhance your basic appraisal knowledge with the various approaches to property valuation through the practical
application of appraisal procedures. This course meets the pre-qualifying criteria, as established by the North Carolina
Appraisal Board.

Individuals aiming to become a Registered Trainee are required to complete the REA-APP 7201 Basic Appraisal Principles before enrolling in this course.

Course Outline

Method of instruction:

Lecture

Course content:

1.The Valuation Procedures
2. From Analysis to Solutions
3. Introduction to Income Capitalization
4. Income Capitalization Formulas
5. Income and Expense Analysis
6. application - Problem Solving
7. Construction and Design Basics
8. Introduction to the Cost Approach
9. Components in Cost Analysis
10. Estimating Cost - Complex Residential Example
11. Commercial Costs and Depreciation Basis
12. Applied Depreciation
13. Land or Site Valuation
14. Property Description
15. Sales Comparison Approach
16. Comparable Property Selection
17. Adjustments
18. Oak Street Case Study - Market Grid Application
19. Oak Street Case Study - Sales Comparison (Market Grid Application, cont.)
20. Reconciliation and Communication
21. Exam Contract Review

Learner Outcomes

Course Objectives:

Upon completion of this course students will be able to apply the principles and concepts learned in Basic Appraisal
Principles. The course will take you step-by-step through the valuation process including identifying the problem,
collecting and analyzing data, reaching a final opinion of value and communicating the appraisal.

Evaluation:

Final Exam & Attendance Requirement: Students must make a grade of 80% or above on the final Exam and attend
100% of the class to satisfactorily complete the course.

Notes

A textbook is mandatory on the first day of class. It must be purchased exclusively at the Central Piedmont Bookstore.

Prerequisites

Individuals aiming to become a Registered Trainee are required to complete the REA-APP 7201 Basic Appraisal Principles before enrolling in this course. This information is in the public course profile: You must have taken and passed REA-APP 7201 Basic Appraisal Principles before taking this course.
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Enroll Now - Select a section to enroll in
Section Title
Basic Appraisal Procedures
FIS ID
343332
Section Schedule
Sep 30, 2025 to Nov 08, 2025
Type
Online, Synchronous
Days
T, Th
Time
6:00PM to 9:00PM
Dates
Sep 30, 2025 to Oct 09, 2025
Type
Online, Synchronous
Days
T, Th
Time
6:00PM to 9:00PM
Dates
Oct 21, 2025 to Nov 04, 2025
Type
Discussion / Lecture
Days
Sa
Time
10:00AM to 1:00PM
Dates
Nov 08, 2025
Schedule and Location
View Details
Contact Hours
30.0
Location
  • Central Campus / CPCC
  • Harris Campus / CPCC
Delivery Options
CLASS  
Course Fee(s)
Reg fee 25-50 hours non-credit $125.00
Additional Fee(s)
CAPS Fee $12.00 Mandatory
TECH Fee $5.00 Mandatory
CEUs
3 CEUs
Drop Request Deadline
Sep 23, 2025
Transfer Request Deadline
Sep 23, 2025
Instructors
  • Robert Gillespie
Section Notes

Prerequisite: Successful completion and passing of REA-APP7201 Basic Appraisal Principles.

The textbook is required on the first day of class. It can be purchased exclusively at the Central campus bookstore.

Ensure you have completed the first two steps before your first day of class. 

  1. Using Activator to Activate Your Network Account Activating your CPCC email allows you to register for Handshake, which is the next step in advancing your career as a student. Please use your student ID# when creating an account in Handshake. 
  2. Accessing your CPCC Email  
  3. Continuing Education Refund Policy 

Class will not meet:

October 14 & 16 -Break for students; the college is open.
November 6th

The final exam will be held on the last day of class, Saturday, November 8, and it is mandatory to take the exam in person.

 

Section Materials
  • Textbook (Mandatory) Basic Appraisal Procedures Appraisal Institute Appraisal Institute
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