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AG2420 Mass Valuation with GIS 7.5 credits

Administer About course

This course aims to provide students with a thorough understanding of the capabilities of GIS, as well as the practical skills to carry out GIS analysis in the context of mass appraisal of real property.
The course covers the following topics: representation of geographic information, spatial analysis methods and tools (such as map algebra, buffering, overlay and spatial querying), multi-criteria evaluation, spatial statistics, cartography and geographic visualisation, error propagation, approaches to valuing real property. Lectures and exercises will cover both theoretical and practical examples.

Course offerings are missing for current or upcoming semesters.
Headings with content from the Course syllabus AG2420 (Autumn 2008–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

The course consists of three main parts: basic knowledge of GIS, the Swedish taxation and real estate database structure, and various GIS analyses using information from these databases to perform mass valuation as well as market analysis, real estate valuation and credit assessment.

The first part of the course deals with raster and vector data structure, relational database structure for handling geographic information, map projections and reference systems, and simple GIS analysis. The second part of the course deals with different ways to model real estate information with focus on the Swedish taxation and real estate databases, as well as different standards for handling real estate information. In addition, the legal and economic aspects concerning building and maintaining a real estate database is also included. In the last part of the course, GIS is used for mass valuation, market analysis, real estate valuation and credit assessment.

Intended learning outcomes

The aim of this course is to explore the fundamental concepts and methods of geographic information system (GIS) and how GIS can be used as decision support system within taxation sector. At the end of the course, the students are expected to be able to:

- Have a good understanding of the basic GIS theory and methods, such as raster and vector data structure, information searching, and simple analysis.

- Have a good understanding of how the Swedish taxation and real estate databases are structured. This includes the logical structure of economic and legal aspects in the handling of real estate information.

- Be able to use the information from taxation and real estate databases to perform mass valuation, as well as to carry out market analysis, real estate valuation and credit assessment, with the support of GIS.

Literature and preparations

Specific prerequisites

AI2101 - Real Estate Valuation

Recommended prerequisites

No information inserted

Equipment

No information inserted

Literature

The course literature will be posted on the course'e homepage at least four weeks before the course starts.

Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

A, B, C, D, E, FX, F

Examination

  • LAB1 - Laboratory Work, 3.0 credits, grading scale: P, F
  • TEN1 - Examination, 4.5 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Other requirements for final grade

Examination, TEN1, 4.5 credits, A-F
Lab exercises, LAB1, 3.0 credits, P/F

Opportunity to complete the requirements via supplementary examination

No information inserted

Opportunity to raise an approved grade via renewed examination

No information inserted

Examiner

Profile picture Yifang Ban

Profile picture Gyözö Gidofalvi

Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

ABE/Geoinformatics

Main field of study

Built Environment

Education cycle

Second cycle

Add-on studies

No information inserted

Contact

Yifang Ban, yifang.ban@abe.kth.se; Tel. 08-7908648

Supplementary information

The course is part of and mandatory for Master’s Programme in Land Management.