You’ll examine advanced valuation theory and techniques with an emphasis on rural valuation.
|Prerequisites and Restrictions|| You must satisfy the following requirement(s):
|Available semesters||Semester 2 2023|
What you will learn
After successfully completing this course, you’ll be able to:
- Demonstrate a comprehensive and well-founded knowledge in the valuation field of study.
- Show an understanding of how other disciplines relate to the valuation field of study.
- Describe and apply different approaches to valuation and investment analysis, according to particular situations.
- Select and employ specific valuation methodologies in accordance with the circumstance.
- Appreciate the impact of legal precedent and case law as it applies to property.
- Explain the forces acting to affect rural property market supply, demand, and pricing.
- Gain an understanding of the influences of farming systems on farm productivity and rural asset values.
- Apply the tools, techniques and methods by which practitioners use to manage and / or evaluate property development projects.
- Recognise elements of land use capacity and relationship with the concept of “highest and best use”.
- Appreciate the concepts and application of compensation valuations for compulsory acquisition.
- Understand the environmental aspects and their effect on rural valuation and sustainable rural land use.
- Recognise the complexities of Māori Land ownership and approach to valuation.
Department of Land Management and Systems[email protected]