Valuation and Development
- Module code
- 4101 RL
- Module leader
- Iain Butler
- Module level
- Module credits
- Min study time
- 300 hours
- Contact Hrs within study time
- 32 hours
An integrative case study featuring the development or redevelopment of a property, embracing a study of: The nature of real estate and real estate markets; Interests in land; The economics of land use; Application of Land and Planning Law; Land use planning systems; Sustainable Development; The valuation and appraisal of real estate interests and development and investment opportunities.
To achieve credit for this module, students must be able to:
- Demonstrate a knowledge and understanding of the nature of land use, and be able to analyse how land might be best used (sustainably) within the context of a complex and dynamic real estate market.
- Critically evaluate the economic conditions in a local real estate markets, and advise on their effect.
- Evaluate and apply traditional and contemporary techniques used in the valuation of real estate interests.
- Demonstrating independence of thought when critically evaluating law relating to the occupation and use of land and applying this within the context of real estate markets.
|Coursework||1 x Case Study Report 5000 words||60%|
|Examination||1 x Viva Voce||40%|
Students should be familiar with the content of the following:
- ARMATYS, J., ASKHAM, P., GREEN, M., 2009, Principles of Valuation, Estates Gazette
- BUTTER, I. (2009) The new planning system: questions and answers. RICS Books (available through ISURV)
- CARD, R. et al. (2011). Estate Management Law. 7th ed. Butterworths.
- CHUDLEY, R (2013). Building Construction Handbook. 9th ed Butterworth-Heinemann (available as an ebook
- JOWSEY, E (2011) Real Estate Economics Palgrave
- MILLINGTON A (2000) An Introduction to Property Valuation (5th ed) Estates Gazette.
- WILKINSON, S. and REED, R. (2008) Property Development. 5th ed. Routledge (available as an ebook)
- RICS publications, through ISURV, web based resources, etc.