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BU5525: ADVANCED VALUATION AND DEVELOPMENT (2022-2023)

Last modified: 14 Jul 2022 16:30


Course Overview

This course applies the principles of valuation to more complex real world examples. Topics covered include rent reviews, compulsory purchase, property investment, property development and national and local taxation. Students are encouraged to critique traditional approaches to valuation and to consider contemporary alternatives. Numeracy and analytical skills are further developed along with expertise in the use of Excel.  In addition, the course also covers professional surveying practice, including ethics, and stimulates discussion on contemporary issues and debates in the real estate industry.

Course Details

Study Type Postgraduate Level 5
Term Second Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Fiona Stoddard

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)
  • Either MSc in Real Estate (Commercial Option) (Studied) or MSc in Real Estate (International Option) (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

Computer spreadsheets and valuation; DCF appraisal model and calculations of worth/investment value; premiums and surrender and renewal of leases; valuation of over-rented property; valuation of development properties; valuation of licensed premises; valuation standards; introduction to the UK tax system & land and property tax computations; intrduction to valuation for rating and Council Tax; rateable occupation and the unit of valuation; comparative method of valuation; contractor's basis of valuation; receipts and expenditure method; the revaluation cycle/alteration of the Roll; appeal system; international comparison.


Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

Individual report or group work depending on topic/market conditions

Assessment Type Summative Weighting 25
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Exam

Assessment Type Summative Weighting 50
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Learning Outcomes
Knowledge LevelThinking SkillOutcome
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Report: Individual

Assessment Type Summative Weighting 25
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
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Formative Assessment

There are no assessments for this course.

Resit Assessments

Exam

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
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Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.

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