AdobeStock.Prostock-studio
Property Valuation
level of course unit
1. Master cycleLearning outcomes of course unit
The participations are able to:
• recognize correlations in the valuation procedures and the different types of real estate
• understand the systematics of real estate valuation
• describe national valuation procedures, to apply them and to analyze them critically
• analyze specific approaches or peculiarities of different types of real estate
• carry out independent valuations of different types of real estate
• recognize correlations in the valuation procedures and the different types of real estate
• understand the systematics of real estate valuation
• describe national valuation procedures, to apply them and to analyze them critically
• analyze specific approaches or peculiarities of different types of real estate
• carry out independent valuations of different types of real estate
prerequisites and co-requisites
none
course contents
• Fundamentals of real estate valuation
• Procedure and influencing factors of standardized valuation methods (comparative value method, asset value method, capitalized earnings value method, DCF method, residual value method)
• Introduction to the valuation of rights and encumbrances
• In-depth knowledge and specifics of national valuation methods
• In-depth knowledge and specifics of property valuation according to different property types
• Procedure and influencing factors of standardized valuation methods (comparative value method, asset value method, capitalized earnings value method, DCF method, residual value method)
• Introduction to the valuation of rights and encumbrances
• In-depth knowledge and specifics of national valuation methods
• In-depth knowledge and specifics of property valuation according to different property types
recommended or required reading
• Kranewitter, H., 2017. Liegenschaftsbewertung
• Seiser, F., F. Kainz, F., 2011. Der Wert von Immobilien
• Bienert, S. und M. Funk, M., et al., 2020. Immobilienbewertung Österreich
• Kleiber, W., 2016. Verkehrswertermittlung von Grundstücken
• Sachverständige: offizielles Organ des Hauptverbandes der Allgemein Beeideten und Gerichtlich Zertifizierten Sachverständigen Österreichs
• TEGoVA 2016. European Valuation Standards EVS 2016, TEGoVA
• Seiser, F., F. Kainz, F., 2011. Der Wert von Immobilien
• Bienert, S. und M. Funk, M., et al., 2020. Immobilienbewertung Österreich
• Kleiber, W., 2016. Verkehrswertermittlung von Grundstücken
• Sachverständige: offizielles Organ des Hauptverbandes der Allgemein Beeideten und Gerichtlich Zertifizierten Sachverständigen Österreichs
• TEGoVA 2016. European Valuation Standards EVS 2016, TEGoVA
assessment methods and criteria
Portfolio work
language of instruction
Germannumber of ECTS credits allocated
5eLearning quota in percent
35course-hours-per-week (chw)
2.5planned learning activities and teaching methods
ILV (Blended Learning, Inverted Classroom)
