Last modified: 6 Days, 4 Hours, 2 Minutes ago
This course introduces students to the mathematics of valuation and to the five methods of valuation, as they relate to the valuation of assets in both the urban and rural environment. Property valuation methods are critiqued and alternatives considered. The course considers the formal processes and procedures adopted in the UK to the valuation of property.
| Study Type | Postgraduate | Level | 5 |
|---|---|---|---|
| Term | First Term | Credit Points | 15 credits (7.5 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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The course introduces the following:
Information on contact teaching time is available from the course guide.
| Assessment Type | Summative | Weighting | 75 | |
|---|---|---|---|---|
| Assessment Weeks | 20,21 | Feedback Weeks | ||
| Feedback |
Suggested model answers will be posted on MYAberdeen at end of exam period. |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Evaluate | Students will identify challenges in global, national or local real estate markets and evaluate their impact on land and property valuation |
| Conceptual | Evaluate | Students will be able to understand the five methods of valuation and critique the application of valuation techniques. |
| Conceptual | Understand | Students will be able to understand the financial maths required in property valuations. |
| Procedural | Apply | Students will understand the role of the RICS in property valuation and be able to measure a property following the appropriate guidance. |
| Assessment Type | Summative | Weighting | 25 | |
|---|---|---|---|---|
| Assessment Weeks | 14 | Feedback Weeks | 17 | |
| Feedback |
Verbal and written comments on individual piece of work |
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| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Understand | Students will be able to understand the financial maths required in property valuations. |
| Procedural | Apply | Students will understand the role of the RICS in property valuation and be able to measure a property following the appropriate guidance. |
There are no assessments for this course.
| Assessment Type | Summative | Weighting | 100 | |
|---|---|---|---|---|
| Assessment Weeks | Feedback Weeks | |||
| Feedback |
Suggested model answers will be posted on MYAberdeen at end of exam period. |
|||
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Understand | Students will be able to understand the financial maths required in property valuations. |
| Conceptual | Evaluate | Students will be able to understand the five methods of valuation and critique the application of valuation techniques. |
| Procedural | Apply | Students will understand the role of the RICS in property valuation and be able to measure a property following the appropriate guidance. |
| Conceptual | Evaluate | Students will identify challenges in global, national or local real estate markets and evaluate their impact on land and property valuation |
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