ADU: Regulatory Changes & Valuation Challenges, No. 823 - NJ

Regular price $65.00

This 3-hour course is intended to assist real property appraisers in properly identifying, analyzing, and valuing accessory dwelling units (ADUs) using market-based data. While guest houses and secondary units are nothing new, there is an emerging trend of modifying local zoning ordinances to encourage expanded development of ADUs on sites where previously such development was not permitted or not feasible due to cost. This course will provide an overview of the forces driving changes in the ADU laws and regulations, the different types of ADUs and their design characteristics, and review a case study that highlights the challenges an appraiser can face along with the techniques an appraiser can use to value these amenities.