Real estate valuation
Niveau
Introduction
Learning outcomes of the courses/module
The students are able to:
• Recognize correlations in the valuation procedures and the different types of property
• Understand the systematics of real estate valuation
• Describe and apply national assessment procedures
• Recognize correlations in the valuation procedures and the different types of property
• Understand the systematics of real estate valuation
• Describe and apply national assessment procedures
Prerequisites for the course
Fundamentals of the Real Estate Industry (GIM)
Course content
• Fundamentals of property valuation
• Procedure and influencing factors of standardized valuation methods (comparative value method, material value method, capitalized earnings value method, DCF method, residual value method)
• Introduction to valuation of rights and encumbrances
• Procedure and influencing factors of standardized valuation methods (comparative value method, material value method, capitalized earnings value method, DCF method, residual value method)
• Introduction to valuation of rights and encumbrances
Recommended specialist literature
• Kranewitter, H., 2017. Liegenschaftsbewertung. 7th edition. Vienna: Manz.
• Seiser, F., F. Kainz, F., 2011. Der Wert von Immobilien. 1st edition. Graz: Seiser+Seiser Immobilien Consulting.
• Bienert, S. and M. Funk, M., et al., 2014. Immobilienbewertung Österreich. Vienna: ÖVI.
• Kleiber, W., 2016. Verkehrswertermittlung von Grundstücken. 8th edition. Cologne: Bundesanzeiger Verlag.
• Seiser, F., F. Kainz, F., 2011. Der Wert von Immobilien. 1st edition. Graz: Seiser+Seiser Immobilien Consulting.
• Bienert, S. and M. Funk, M., et al., 2014. Immobilienbewertung Österreich. Vienna: ÖVI.
• Kleiber, W., 2016. Verkehrswertermittlung von Grundstücken. 8th edition. Cologne: Bundesanzeiger Verlag.
Assessment methods and criteria
Written exam
Language
German
Number of ECTS credits awarded
4
Semester hours per week
Planned teaching and learning method
Blended Learning
Semester/trimester in which the course/module is offered
2