Descriptions

Did you know the agricultural valuation course has been retired? To provide training in that area, TAAD is sponsoring a one-day seminar designed to instruct about the basics of developing ag values and calculating rollbacks as well as building ag schedules (using cash and share leases).

This workshop provides guidance and suggestions on the process of data collection and analysis of high-end and difficult residential properties. Information from various areas of the U.S. will be used to help establish some processes and procedures. Images and property characteristics of sales and listed properties will be used.

After the seminar you’ll be able to: •Review contributory factors for land value that may be different than normal single-family residences • Develop alternative methods for establishing comparable sales value • Be able to use and explain regression lines for establishing comparable sales approach value •Be familiar when/if the income approach can be used

This workshop will explore the difference between capitalization rates used in direct capitalization and a yield rate used in yield capitalization. We will discuss the difference between an overall capitalization rate, a land capitalization rate and a building capitalization rate along with some other common terms used in capitalization rates discussion such as unloaded versus loaded capitalization rates, terminal capitalization rates.

This one-day workshop is designed to help refresh the mass appraisal technics used in the valuation process and also to help establish some processes and procedures for unusual or more challenging events.

Topics discussed will include: USPAP, Scope of Work, Mass Appraisal, Market Value, Highest and Best Use Analysis, Neighborhood Analysis, Benchmarks, Sales Validation, Sales Ratio Analysis, Sales Chasing and Trending.

Students will understand the annual application of the mass appraisal process, consider various analyses for fine-tuning neighborhood values, understand what data to analyze when establishing benchmarks as well as review and expansion of sales ratio analysis, review processes to detect and avoid sales chasing, and understand the proper application of trending valuations.

The purpose of this workshop is to provide assistance in the valuation of low end and difficult residential properties that often create valuation issues. It is not unusual that these types of properties when sold have a sales ratio considerably higher than 1.00 and a very regressive PRD (Price-Related Differential).

Property types to be discussed are: •older, economically challenged areas • heavy mix of rental properties – do rentals sell for less •extreme deferred maintenance – physical deterioration •functional obsolescence •external obsolescence •old manufactured homes •manufactured homes connected with each other •manufactured homes connected to stick-built homes •other odd or unusual homes.

The purpose of this workshop is to provide some guidance and suggestions on the process of analysis and valuation of metal buildings converted to living areas, or what we call “barndominiums.” These are structures that appear to be metal-clad farm buildings, but part or all the structure has been finished on the interior and used as living area. Some are used as a temporary living area while the owners construct a new stick-built home, while others are built as a permanent residence. The framing can be pole or steel.

Did you know the wildlife appraisal course has been retired? To provide training in that area, TAAD is sponsoring a one-day seminar designed to instruct about the basics of wildlife management activities, determining qualifications for wildlife appraisal, and calculating the value of property under wildlife appraisal. You will learn key features to look for when monitoring wildlife properties. This year’s seminar has new material, new examples and more to offer!