Real Estate Appraisal and Cost Estimating (Estimo)
Teacher
Credits
6 CFU
Objectives
Scope of the course is to combine technical aspects with economic and management principles through various valuation methodologies.
Contents
Principles of Economics: Analysis of markets: demand, cost structure, perfect competition, other market structures. Principles of financial mathematics. (5 hours)
Real Estate Principles: Value estimation and estimation methodology.Market value and cost value. Others values. (4 hours)
Cost Estimating: legal framework for public and private contracts estimation of surface, siting costs, urbanisation costs, value enginering. (23 hours)
Market Value: Sales, comparison approach, market comparison approach, cost cpproach, income approach. European valuation standards. (20 hours)
Valuation and law: Overview of the Italian cadastre, usufruct, expropriation for public use. (8 hours)
References
Type of exam
Written exam and oral test