Property valuation 702

Module code EDW 702
Qualification Postgraduate
Faculty Faculty of Engineering, Built Environment and Information Technology
Module content

Valuation of income-producing properties, valuation of leasehold interests, valuation for insurance purposes, land with development potential, mass valuations and the valuation report.  Expropriation: the legislation; the process; compensation; methods of valuation.  Influence of re-zoning on value; valuation of farmland; usually non-negotiable properties; large shopping centres; air space; interest in time-share; leasehold interests; retirement villages; mining rights.  Valuation of properties classified as “special” in terms of function, design, construction, or location: market/non-market properties; market and marketability analysis, the influence of location on the marketability and cost of ownership of property, different location modules. Compiling and writing a valuation report.

Module credits 20.00
NQF Level 08
Prerequisites No prerequisites.
Contact time 4 lectures per week
Language of tuition Module is presented in English
Department Construction Economics
Period of presentation Year

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