Real estate valuation methodology

Major: Land and Real Estate Valuation
Code of subject: 7.193.04.O.003
Credits: 4.00
Department: Cadastre of Territory
Lecturer: Ph. D. Khavar Yuliia
Semester: 1 семестр
Mode of study: денна
Learning outcomes: - ability to demonstrate deep knowledge and skills in conducting experiments, data collection, modeling and analysis of the results, to think systematically and apply creative abilities to the formation of fundamentally new ideas in geodesy and land management; - ability to demonstrate knowledge of professionally-oriented disciplines of the specialty; - use the tools of other humanities, natural sciences and exact sciences if necessary to solve the research problem; - integrate knowledge and understanding to identify, formulate and solve professional problems using known methods; - systematically think and apply creative abilities to the formation of fundamentally new ideas; - identify, classify and describe the technology of work in the industry; - ability to realize the importance of acquired knowledge in order to acquire new professional skills, adapt to new situations and make decisions.
Required prior and related subjects: Related: Institutional support of the real estate market, Assessment of integral property complexes.
Summary of the subject: Regulatory and legal support of land valuation works. Evaluation bases and their properties. The main sources of information in monetary valuation. Normative monetary valuation of land and its scope (taxation, rent). Indexation of monetary valuation. Expert monetary valuation of real estate. Methodical approaches in expert monetary valuation. Creating a report on the appraised value of real estate. Assessment of property rights.
Assessment methods and criteria: • written reports on laboratory work, oral examination, control work (50%); • thematic controls (40% in total); • oral component (10%).
Recommended books: 1. Perovych L.M., Hubar Yu.P. Otsinka nerukhomosti: navch. posib. 2-he vyd., pererob. i dop. – Lviv: Vydavnytstvo Lvivskoi politekhniky – 2016. – 300 s. 2. Pazynych V.I. Otsinka obiektiv nerukhomosti: navch. posib. [dlia stud. vyshch. navch. zakl.] / V.I. Pazynych, L.A.Svystun – K.: Tsentr uchbovoi literatury, 2017. – 434 s. 3. Otsinka ta upravlinnia nerukhomistiu: navchalnyi posibnyk / V.R. Kucherenko, M.A. Zaiets, O.V. Zakharchenko, N.V. Smentyna, V. O. Ulybina. – Odesa: Vydavnytstvo TOV «Leradruk», 2013. – 272 s.