VAPM 312

Rural Valuation

Course overview

You’ll examine advanced valuation theory and techniques with an emphasis on rural valuation.

Course information

Prerequisites and Restrictions You must satisfy the following requirement(s):


  • The Valuation of Investment Property, VAPM-310

Available semesters Semester 2 2024
Credits 15
Domestic fees $794.00

What you will learn

After successfully completing this course, you’ll be able to:

  1. Demonstrate a comprehensive and well-founded knowledge in the valuation field of study.
  2. Show an understanding of how other disciplines relate to the valuation field of study.
  3. Describe and apply different approaches to valuation and investment analysis, according to particular situations.
  4. Select and employ specific valuation methodologies in accordance with the circumstance.
  5. Appreciate the impact of legal precedent and case law as it applies to property.
  6. Explain the forces acting to affect rural property market supply, demand, and pricing.
  7. Gain an understanding of the influences of farming systems on farm productivity and rural asset values.
  8. Apply the tools, techniques and methods by which practitioners use to manage and / or evaluate property development projects.
  9. Recognise elements of land use capacity and relationship with the concept of “highest and best use”.
  10. Appreciate the concepts and application of compensation valuations for compulsory acquisition.
  11. Understand the environmental aspects and their effect on rural valuation and sustainable rural land use.
  12. Recognise the complexities of Māori Land ownership and approach to valuation.

Course examiners

Ed Percy

Edward Percy


Department of Land Management and Systems