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Get a clear, practical walk-through of how appraisal reports are built and how to read them for property assessments. Bob Becker, MAI, SRA, AI-GRS, ASA, Owner & President of R.D. Becker Valuation, LLC, explains core concepts that help assessors interpret reports with confidence. What you will learn: How appraisers define and communicate value under USPAP Common value types: market value, assessed value, replacement and insurable value, investment, liquidation, going concern Matching purpose and intended users to the assignment Assignment conditions: general assumptions, hypothetical conditions, extraordinary assumptions, jurisdictional exceptions Market analysis levels A–D and when each is appropriate Highest and Best Use, as-vacant and as-improved Approaches to value for assessment work: sales comparison, cost, income Q&A topics: restricted appraisals, making and supporting adjustments, regression basics Chapters 00:00 Welcome 00:00:17 Presenter intro 00:01:02 Why this topic matters for assessors 00:03:04 What is an appraisal and USPAP 00:04:25 Types of value overview 00:11:04 Purpose, intended users, and effective date 00:19:07 Assignment conditions and credibility checks 00:29:02 Market data and analysis workflow 00:33:34 Highest and Best Use 00:41:12 Sales, Cost, and Income approaches 00:47:39 Q&A: Restricted appraisals 00:49:24 Q&A: Adjustments and regression 00:50:47 Closing and next webinar About the IPAI Learn more about the Illinois Property Assessment Institute and our education, credentialing, and professional development for assessment professionals at ipaieducation.org.