Overview of valuation theory and methods; Lease contracts; Market Analysis for Valuation Purposes; Comparable sales method of valuation; Income methods; Property databases; Property taxation; Valuation of forest and farms; Valuation practices in Developing countries; Mass Valuation.
AI2101 Real Estate Valuation 7.5 credits
This course has been discontinued.
Decision to discontinue this course:
No information inserted
Information per course offering
Course offerings are missing for current or upcoming semesters.
Course syllabus as PDF
Please note: all information from the Course syllabus is available on this page in an accessible format.
Course syllabus AI2101 (Spring 2009–)Headings with content from the Course syllabus AI2101 (Spring 2009–) are denoted with an asterisk ( )
Content and learning outcomes
Course contents
Intended learning outcomes
The course should thus enable participants to apply previous knowledge in Real Estate Investment, Financial and Market Analysis to valuation of real estate and demonstrate understanding of the valuation process by• Being able to explain the concepts of market value and investment value • Being able to describe the various methods of valuing income producing property and the conditions under which each method can be applied • Carrying out valuations of residential and other income producing property in an international team using the income and comparable sales methods • Writing up a professional report which satisfies Swedish and International Valuation Standards, and
• Communicating the results of the valuation with accuracy and clarity at a seminar, making it a sound basis for investment decision making.
The course should also enable participants to work as part of a team of people with different backgrounds with respect to culture and academic training.
Literature and preparations
Specific prerequisites
For students not registrered on a KTH programme (180hp/300hp):
Completed upper secondary education incl documentet proficiency in English. 120 credits of the Social Sciences preferably Economics and Business Administration.
Literature
The Appraisal of Real Estate. Appraisals Institute, current edition.
Examination and completion
Grading scale
A, B, C, D, E, FX, F
Examination
- ÖVN1 - Coursework, 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.
If the course is discontinued, students may request to be examined during the following two academic years.
The assessment consists of a mid-term exam, a course project and a final exam. The mid-term exam precedes the course project to increase preparation for the project.
Other requirements for final grade
The mid-term exam and project make up the assessed coursework for the course - passing the mid-term and the project is enough to pass the course with a grade E. The final exam will only serve to raise the final grade beyond grade E.TEN1, 4,5 hp, A-FÖVN1, 3 hp, P/F
Examiner
No information inserted
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
Main field of study
The Built Environment
Education cycle
Second cycle
Supplementary information
The course in Real Estate Valuation is an applied course in valuation of income producing properties.