The Income Approach is one of the most widely used approaches to determine value for residential, multi-family residential, commercial, industrial and other properties. Due to its widespread use, complete understandings of its procedures are requirements for every appraiser. The Income Approach is relevant for appraisal assignments in which the subject property is leased, or could reasonably be leased, producing an income stream for the owner. Properly performed, it can provide a firm foundation for an opinion of value. The purpose of this course is to show you the procedures and analysis involved in performing the Income Approach in an appraisal assignment. Specifically, this course will provide a complete review of the Income Approach, first defining the concept and key terms and then detailing the exact procedures involved. Collecting and analyzing income and expenses data will be discussed in detail. Through a variety of examples and case studies, you will be able to apply your knowledge of the Income Approach.
- Course Approval # 225
- 30 Credit Hours (TREC)
- Textbook Included
Classes marked with "Shipping/Pickup Required" do not include an online textbook. This means that students must pick up the textbooks from one of our campuses (Located in Austin, Houston, Dallas, and San Antonio) or have the books shipped to them at the cost of $8 per course.
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