| CODE | CNM2041 | |||||||||
| TITLE | Property Valuation | |||||||||
| UM LEVEL | 02 - Years 2, 3 in Modular Undergraduate Course | |||||||||
| MQF LEVEL | 5 | |||||||||
| ECTS CREDITS | 4 | |||||||||
| DEPARTMENT | Construction and Property Management | |||||||||
| DESCRIPTION | The students will be introduced to the property market and the manner in which it functions. The study unit will consider the manner in which the professional valuer uses different methods to determine the value of property. Students will be assisted through an assignment in applying the knowledge acquired to specific cases. Study-unit Aims The study-unit aims to make students aware and more appreciative of the existing value and investment potential of different properties, this being an important aspect of sustainable land management. Learning Outcomes 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: a) explain and define the factors that contribute to the value of property, b) evaluate the requirements of and liaise with professionals in the property related professions, c) report on the manner in which the property market functions 2. Skills: By the end of the study-unit the student will be able to: a) list and manage their daily work issues related to property value, b) carry out basic valuations, Main Text/s and any supplementary readings 1) Johnson, T., Davies, K. and Shapiro, E., Modern Methods of Valuation, 9th ed., Estates Gazette, 2000. 2) Davidson, A.W., Parry`s Valuation and Investment Tables, 12th ed., Estates Gazette. The European Group of Valuers’ Associations, European Valuation Standards, 4th ed., Estates Gazette, 2000. 3) Millington A.F. An introduction of property valuation. Estates Gazette. 2001 4) Richmond D. Introduction to Valuation. Macmillan 1994 |
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| ADDITIONAL NOTES | Pre-Requisite Study-units: CVL1110 | |||||||||
| STUDY-UNIT TYPE | Lecture, Independent Study & Tutorial | |||||||||
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |
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