Real Estate Valuation and Appraisal

4 credits

Every property is unique, therefore the appraisal of real estate presents many challenges and has a strong influence on the financial viability of both existing buildings and the development process. Introduces general models for valuing commercial property, industrial property, and land. Examines the role of appraisals and different concepts of value. Prerequisite: R E 250 and R E 397.