Real Estate Appraisal Course

Program Overview

This real estate appraisal course covers the principles and tools for valuing various property types. It explores the real estate market, economic and social factors influencing values, and neighborhood analysis. Students learn cost, market data, and income valuation approaches and complete a demonstration appraisal report.

Program Outline

Outline:

This course surveys the principles and tools of appraising various types of real estate, as well as provides an analysis of value, price, property, and legal rights. Topics include:

• Principles of valuation
• The real estate market
• The relationship between real estate values and economic, social, and government trends
• Economics of urbanization, including location, value, and use potential
• Neighborhood analysis
• Site utilization and property value
• Estimating site value
• The relationship of construction and architecture to cost standards
• Depreciation
• Approaches to cost, market data, and income valuation
Students must complete a demonstration appraisal report.