Residential Cost Approach (Pre-conference session. Separate registration required.)
Presentation Category
04 APPRAISING PROPERTY
Session Description
The Residential Cost Approach course will teach how to best utilize the Marshall & Swift Residential Cost Handbook by CoreLogic to determine the replacement costs of commercials buildings and other improvements in the U.S. and Canada.
The Marshall & Swift Residential Cost Handbook provides a complete, authoritative appraisal guide for developing replacement costs along with depreciated values of a wide variety of residential structures and other improvements. It contains indexes of building and equipment costs as well as a great deal of useful miscellaneous information for anyone interested in cost and value.
Taught by Edward Martinez , the course provides a thorough understanding of the Square Foot Method, including identifying comparable building types, refining, and adjusting the base cost, applying depreciation principles and modifying the final cost for localization. This is a half-day four-hour class where students will be able to generate cost reports from case studies.
Mr. Martinez holds the position of principal, industry solutions at CoreLogic. With decades of experience, he focuses on research and thought leadership and is considered a subject matter expert on the proper use of the cost approach, in particular for insurers, appraisers, assessors, lenders and more. Prior to this role, he traveled across the U.S. and Canada teaching clients on the usage of the cost approach.
Start Date
8-28-2022 8:00 AM
End Date
8-28-2022 12:00 PM
Moderator
Amy DeHaan, MMAO, Charter Township of Garfield, Grand Traverse County, MI
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Many of the sessions at the 2022 Annual Conference were recorded and are available to full conference attendees. Check the following page to see if this session is available at https://www.iaao.org/2022sessions.
Residential Cost Approach (Pre-conference session. Separate registration required.)
The Residential Cost Approach course will teach how to best utilize the Marshall & Swift Residential Cost Handbook by CoreLogic to determine the replacement costs of commercials buildings and other improvements in the U.S. and Canada.
The Marshall & Swift Residential Cost Handbook provides a complete, authoritative appraisal guide for developing replacement costs along with depreciated values of a wide variety of residential structures and other improvements. It contains indexes of building and equipment costs as well as a great deal of useful miscellaneous information for anyone interested in cost and value.
Taught by Edward Martinez , the course provides a thorough understanding of the Square Foot Method, including identifying comparable building types, refining, and adjusting the base cost, applying depreciation principles and modifying the final cost for localization. This is a half-day four-hour class where students will be able to generate cost reports from case studies.
Mr. Martinez holds the position of principal, industry solutions at CoreLogic. With decades of experience, he focuses on research and thought leadership and is considered a subject matter expert on the proper use of the cost approach, in particular for insurers, appraisers, assessors, lenders and more. Prior to this role, he traveled across the U.S. and Canada teaching clients on the usage of the cost approach.
