Education

Wisconsin Appraiser License Requirements

Appraiser License Types (Pre-license)

The following are the types of licenses for appraisers. To see a downloadable flyer of the detailed requirements, click here.

• Licensed Appraiser: Can appraise non-complex 1-4 residential units valued under $1,000,000 or complex 1-4 residential units valued under $250,000.
  • Complete 150 hours of approved pre-license education, including:
    • 15 hours of USPAP
     
  • Pass a state-administered exam
  • Accumulate 2,000 hours of experience
   
• Certified Residential Appraiser: Can appraise 1-4 residential units of any value or complexity including vacant/unimproved land that is utilized for, or for which the highest and best use is for 1-4 family purposes; cannot appraise subdivisions where a development analysis/appraisal is necessary.
  • Complete 200 hours of approved pre-license education, including:
    • 15 hours of USPAP
    • 15 hours of statistics
    • 15 hours of advanced case studies
    • 20 hours of electives
     
  • Pass a state-administered exam
  • Accumulate 2,500 hours of experience
  • Hold an Associates Degree
   
• Certified General: Can appraise all types of property at any value.
• Complete 300 hours of approved pre-license education, including:
  • 15 hours of USPAP
  • 15 hours of statistics
  • 30 hours of General Market Analysis
  • 30 hours of General Sales Comparison
  • 30 hours of General Site Valuation and Cost
  • 60 hours of General Income
  • 30 hours of General Report Writing and Case Studies
  • 30 hours of electives
   
• Pass a state-administered exam
• Accumulate 2,500 hours of experience
• Hold an Bachelors Degree

Appraiser License Renewal (Continuing Education)

The Wisconsin DSPS requires all appraiser licensees to complete 28 hours of continuing education during each two-year licensing period (biennium), 7 of these hours must be USPAP education, in order to renew your license. The WRA offers appraisal continuing education classes throughout the year which are approved to help satisfy the DSPS continuing education requirement. Download January 2008 changes!  

Inline Content id=3553