
CLARION UNIVERSITY OF PENNSYLVANIACOLLEGE OF BUSINESS ADMINISTRATION

Month 
Day 
Topic/Assignment 
Chapter 
Jan 
17 
Introduction/What is Appraisal? 
1 
22 
Regulation of the Appraisal Profession and Appraisal Standards 
2 

(Computer Lab: Learn https://www.appraisalfoundation.org/uspap2000/toc.htm. Also review all 4 qualification categories: https://www.appraisalfoundation.org/RPAQC.pdf Note: You will need a PDF plugin to access this page. The COBA computer lab has these plugins installed.) 

24 
Value Theory / Appraisal Principles 
3,4 


(Computer Lab: Review https://www.appraisalfoundation.org/bokcover.htm) 

29 
Reconciliation, Value Conclusions, and Appraisal Reports (Computer Lab: Review https://www.appraisalfoundation.org/uspap2000/standard2.htm) 
5 

Submit draft Letter of Transmittal, Certification, Purpose, and Definition of Value Used (Keep on diskette!) 


31 
Basics of Construction 
6 
Feb.  5 
Basics of Construction (cont.) 


7 
Market Analysis 
7 
12 
Market Analysis (cont.) 

14 
Site and Improvement Analyses 
8 

Submit Area and Neighborhood Analysis Draft (Keep on diskette!) 

19 
Site and Improvement Analyses (cont.) 

21 
Exam 1 

Mar. 
5 
Comparable Sales Analysis 
9 

7 
Comparable Sales Analysis (cont.) 

Submit Site and Improvement Analysis Draft (Keep on diskette!) 

12 
Comparable Sales Analysis (cont.) 

14 
Site Valuation 
10 

19 
CostDepreciation Approach: Reproduction Cost Estimation 
11 

21 
CostDepreciation Approach: Estimation of Accrued Depreciation 
12 

Submit Site Valuation Draft (Keep on Diskette) 

26 
Appraisal Mathematics and Real Estate Finance 
13 

28 
Income Estimation and Analysis 
14 

Submit CostDepreciation Analysis Draft (Keep on Diskette!) 

Apr.  2 
Income Estimation and Analysis (cont.) 

4 
Capitalization Rates 
15 

Submit Income Estimation and Analysis Draft (Keep on Diskette!)  
9 
Capitalization Rates (cont.) 


11 
Exam II 

16 
Capitalization Rates (cont.)  
18 
Incomecapitalization Methods  16  

Submit Estimation of Capitalization Rate Draft (Keep on Diskette!) 


23 
Incomecapitalization Methods (cont.)  
Submit Ellwood, Building Residual, and Property Residual Valuations (Keep on Diskette!) 

25 
Exam III  
May  4 
Statistical Analysis 
17 
Submit Discounted Cash Flow Valuation Draft (Keep on Diskette!)  
6 
Special Applications of Appraisal 
18 

Submit Final Project 
Final Exam Schedule is to be announced.
Project is a demonstration appraisal report. Project grade will be reduced by 1 point for every submission date missed and for subsequent days delay.