|Short Description:||Property Valuation&Development|
|Faculty or Section :||Faculty of Health, Engineering and Sciences|
|School or Department :||School of Civil Engineering and Surveying|
|Student contribution band :||Band 2|
|ASCED code :||031101 - Surveying|
|Grading basis :||Graded|
|Version produced :||5 March 2021|
Real property is both a necessity for living and a potential source of economic growth and profit. This course provides an overview of property as an economic asset and an investment vehicle. It highlights the risks and opportunities that come with developing residential property for the market and introduces students to the development process from conception to construction to disposal. The course will describe the basic principles of land valuation for land markets and statutory purposes that is an essential tool for rational decision making in property development.