FOUNDATIONS OF REAL ESTATE APPRAISAL
2017/2018, Semester 1
School of Design and Environment (Real Estate)
Modular Credits: 4
The Module ‘GEM2000
on the ‘
Foundations of Real Estate Appraisal’
is meant to be a review of the development of appraisal theory and the methods of investigating and analyzing an appraisal problem, as well as the interpretation of value determining factors and appraisal reports. Furthermore, the module explores the quantitative/qualitative, inductive and deductive modes of analysis underpinning real estate appraisal as well as the interpretative nature of real estate appraisal. The module is aimed at helping students to develop a wholesome questioning mind and attitude as well as a curiosity for the meaning, extent and purpose of valuation in real estate markets, so as to look at appraisal problems holistically, critically and creatively.
All School of Design and Environment students are not allowed to read it as a GEM.
Workload Components : A-B-C-D-E
A: no. of lecture hours per week
B: no. of tutorial hours per week
C: no. of lab hours per week
D: no. of hours for projects, assignments, fieldwork etc per week
E: no. of hours for preparatory work by a student per week