Overview
Lecturer
George Emanuel Voicu
Seminar tutor
Magdolna Eva Koncsag
Type of course
Elective (1 of 2)
Language of instruction
English
Erasmus language
English
Domain
Civil Engineering
Field of study
Architecture and town planning
Form of education
Full-time
Form of instruction
Class
Credit awarded by
Grade
Teaching methods
Lecture, discussions and presentations.
Entry requirements
General notions regarding cadastre and real estate.
Aims
Estimative determination of the values of real estate, using specific valuation methods correlated with the topographic cadastre.
Knowledge of specific terminology and methods of resolution.
Knowledge of the necessary steps to prepare Expertise Reports for the evaluation of real estate.
Knowledge of the object, of the areas of foundation and of the applicability of the rules of real estate evaluation.
Course contents
General principles regarding evaluation
Foundation of evaluation methods
Direct comparison method
Cost method
Yield methods
Criteria regarding the establishment and evaluation of land and buildings
The content of the topographic documentation used in the valuation of real estate
Evaluation report
Land evaluation
Evaluation of constructions
Learning outcomes
Knowledge of the object, the areas of foundation and applicability of the rules of real estate valuation;
Drawing up an valuation report.
Assessment
Final evaluation- Written paper - 60 %, continuous assessment – 40%.
Recommended reading
International Valuation Standards
International Valuation Standards Council (IVSC)
International Valuation Standards Council (IVSC), LONDON, 2018-2019 · -
Real Estate Appraisal
Joseph F. Schram, Jr.
Rockwell Publishing, 2006 · 36
An expert system for appraisal by the method of comparison
Barris, J.
PhD Thesis, UPC, Barcelona, 2008 · -
A density Function of the Appraisal Value
Barris, J., & Garcia-Almirall, P.
European Real Estate Society, Eindhoven, 2011 · -
Property Valuation Principles
Isaac, D., & O'Leary, J.
Palgrave MacMillan, London, 2012