We're still actively developing this site. If you encounter any issues, please report them! - Report an issue

VALUATION OF REAL ESTATE

REALEST 415
Course Description

Techniques of real estate valuation. Property analysis, market analysis, legal and political analysis, and highest and best use analysis; in-depth exposure to the three approaches to valuation; sales comparison, income, and cost; application to main commercial property types; the role of valuation in real estate investment.

Prerequisties

REALEST 410 , (REALEST 411 or concurrent enrollment), and (REALEST 412 or concurrent enrollment)

Satisfies
Credits

3

Offered

Fall, Spring, Summer

Grade Point Average
3.51

5.51% from Historical

Completion Rate
100%

0.68% from Historical

A Rate
35.76%

15.35% from Historical

Class Size
151

143.55% from Historical

Instructors (2025 Fall)

Sorted by ratings from Rate My Professors

Similar Courses

TECHNIQUES OF REAL ESTATE VALUATION

REALEST 715

Topics include highest and best use and most probable use analysis, statistical methods for developing adjustment factors and comparable selection for the market comparison approach, discounted cash flow analysis and income capitalization, and cost approach methods. Issues in appraisal ethics and federal requirements for appraisal practice.

REAL ESTATE FINANCE

REALEST 410

Fundamentals of real estate finance and investment. Qualitative and quantitative characteristics of commercial real estate. Developing and analyzing commercial property cash flow projections. Introduction to three approaches to valuation with emphasis on investing in commercial real estate. In-depth exposure to debt and equity investor returns.

COMMERCIAL PROPERTY ANALYSIS

REALEST 702

Introduction to various techniques to analyze commercial real estate value and investment risks. Analysis of real property through an understanding of the legal, physical, and economic characteristics of a site and building. Analyze real estate markets to forecast future rental income and vacancies. Develop an operating pro forma and basic investment model, forecast future cash flows, and learn to estimate the market value of commercial properties.

THE REAL ESTATE PROCESS

AAE/ECON/REALEST/URBRPL 306

Introductory overview focused on the key aspects of the real estate process: developing real estate, permitting real estate, buying and selling real estate, understanding the economics of real estate, financing real estate, valuing real estate, leasing real estate, and managing real estate.

REAL ESTATE FINANCE

REALEST 710

Evaluating the role of financing and leverage in real estate investment analysis; identifying alternative types of financing; valuation of financial structure; sources of equity financing for real estate; mortgage securitization and the operation of secondary mortgage markets.