The Hampton Roads Chapter of the Appraisal Institute Welcomes You!

Our Chapter serves over 120 Real Estate Appraisers (Designated Members, Candidates for Designation, Practicing Affiliates and Affiliates). The territorial jurisdiction assigned to the Hampton Roads Chapter includes the counties of Accomack, Gloucester, Isle of Wight, James City, Mathews, Northampton, Southampton, Surry, and York, the cities of Chesapeake, Franklin, Hampton, Newport News, Norfolk, Poquoson, Portsmouth, Suffolk, Virginia Beach, and Williamsburg and the Outer Banks of North Carolina. We provide continuing education approved by the Appraisal Institute and the Commonwealth of Virginia, including quarterly meetings.

For more information please contact Lisa Weiss, our Executive Director, at (856) 415-0281 or LisaMay.Weiss@appraisalinstitute.org.

Education, Events & Meetings

Jun

Thu

Upzoning Appraising: Using Highest & Best Use (HBU) Analysis (IN-PERSON) @ Real Estate Information Network

Tickets

Jun 5 @ 8:30 am – 4:30 pm

7 CE hours
Check-in begins at 8:15 am
Seminar is 8:30-4:30 with a 1-hour lunch.
Lunch from Taste Unlimited is included.
For gluten-free option, email LisaMay.weiss@appraisalinstitute.org
Developed and instructed by Byron Miller, SRA, AI-RRS

***** This Course is also offered virtually on ZOOM *****

Single-family residential zoning in America is under attack! Cities across the U.S. are facing a shortage of affordable housing. As a result, housing advocates, builders, realtors, policymakers, and legislators have formed an alliance to promote a solution. The alliance’s solution is legislation to increase density in cities across the country. This legislative movement is commonly called Upzoning. And is popping up all over the country from Austin, TX to Washington State, as well as, California, Minnesota to name a few. These laws dramatically reduce the number of parcels that are available for only single-family residential use. Moreover, Upzoning legislation has a huge effect on how appraisers do their jobs. A broad range of practical topics are discussed in this class. For example, this class introduces the concepts of Upzoning, and how this legislation impacts the appraisal process. Intended and unintended consequences of Upzoning are discussed. A Highest & Best Use (HBU) refresher, and practical analysis related to Upzoning appraising is presented. And finally, there is a discussion of workfile-related issues with regards to Upzoning HBU analysis. This class is a must for all appraisers, wanting to up their game by enhancing their marketability, and differentiating themselves from the competition.