This semester 1 module is designed to give students a firm introduction to the general principles and basic concepts underlying the valuation of property and lands.
The Property Market
The property market in Ireland, the role of the valuer, nature and types of value, assessing market value - the determination of value for different purposes.Property investment and the underlying factors of the market.
Types of Real Property
The various vested interests, legal interests in property,nature and value of property as a resource for development investment and trading.
The Valuation of Real Prooperty: Methods of Valuation
The Comparative Method, Contractors Method, Residual Method, Profits Method, Investment Method, Discounted Cash Flow Technique, Mortgage Approach. Importance of not accepting valuations outside of your scope
Valuation Formulae 1
Laws of compound interest and their use in finance and valuations. The time value of money - compounding and discounting, mortgage repayments. The use of valuation tables
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Other Assessment(s) | 40 |
| Formal Examination | 60 |