Land Economics & Valuation - BENV2985

Faculty: Built Environment

School: Building Construction Management Program

Course Outline: Built Environment

Campus: Kensington Campus

Career: Undergraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

Description

This course relates economic principles to the use of land, predominantly in urban areas covering development, investment and the regulatory environment. It also provides an undergraduate level introduction to valuation theory and practice. Topics include the concept and statutory definition of value, land ownership and tenure, basic principles and methods of valuation, valuation process, valuation mathematics and tables, rental valuation and determination, cash-flow analysis, and application of computer programs to the valuation process.