USPAP Compliant Adjustment Series
Course #4 – Cost-Related Adjustments

Tuesday, July 20th: 10am-12pm Central

2 Hours Non-CE Training


Cost does not equal value, but cost can lead you to value. Learn how entrepreneurial incentive applies to cost-to-cure adjustments. Get a grip on economic age-life deprecation, anatomy of the cost approach and the trade-off between site value and depreciation.

Course Author

Scott Cullen

Scott Cullen is a boots-on-the-ground Certified Residential appraiser from Minneapolis / St Paul with over 20 years of experience.  He is a cofounder of Solomon, a suite of cloud-based calculators that help over 500 appraisers daily to quickly support their adjustments using the recognized technique of depreciated cost analysis.

His calculators come with licensed cost data built-in, making it easy and economical to support your sales grid adjustments.  Beyond grid adjustments, Solomon supports other assignment results such as effective age, remaining economic life and site value.

Course Instructor

Tim Andersen

Tim Andersen is an AQB Certified USPAP Instructor, consultant, and reviewer.  He also does commercial real estate appraisal and Florida tax appeal work. He travels throughout the US teaching USPAP, and is an Approved Instructor for the Appraisal Institute. Have PowerPoint, Will Travel. Besides all facets of commercial real estate appraisal, other areas of expertise include writing, producing, and presenting webinars on all areas of real estate appraisal.

Specialties: Appraisal Institute member, designated as an MAI, Master of Science degree in Real Estate Appraisal , AQB Certified, USPAP Instructor, State Certified General Real Estate Appraiser, Instructor with the Appraisal Institute, Experienced Public Speaker