| Course ID: | REAL 7860. 1.5 hours. |
| Course Title: | Real Estate Valuation |
Course
Description: | Principles and techniques of appraising real estate with special emphasis on income producing real estate. The course provides an in-depth look at conventional valuation techniques in addition to modern valuation methods based on statistical inference. Special consideration is given to lease analysis and problems in applying the valuation techniques. |
| Oasis Title: | REAL EST VALUATION |
| Duplicate Credit: | Not open to students with credit in REAL 9860 |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | The objective of this course is to provide the student with the
tools necessary to understand and critically analyze real estate
problems. Specifically, the focus is to provide the student a
firm understanding of the appraisal process and the role of
appraisal in real estate markets. |
| Topical Outline: | I. The Appraisal Process and Real Estate Markets
II. Traditional Valuation Methods
A. Estimating Value: The Sales Comparison Approach
B. Estimating Value: The Cost Approach
C. Estimating Value: The Income Approach
III. Advanced Valuation Methods
IV. Reconciliation and Appraisal Reporting |