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VAPM 311

Urban Valuation

Course overview

You’ll get a practical look at advanced valuation theory and techniques with an emphasis on urban valuation.

Course information

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

pre-requisite

  • 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. Identify the issues, valuation effects, and steps involved in valuing public sector and infrastructural assets (including plant and machinery) and special purpose property in line with both national and international professional valuation practice standards.
  2. Recognise legislation, case law and procedures for valuations required for compulsory acquisition, insurance, ground leases, Crown and Māori Land leases, and other specialised valuations required by statutes.
  3. Assess and validate income statements and balance sheets of small businesses and determine the relevant adjustments to make to these for business valuation purposes.
  4. Construct robust DCF spread sheets and templates for application in property valuation.
  5. Have knowledge of current International and Australian and New Zealand Professional Practice Standards and produce a valuation at an appropriate standard for academic and professional purposes.
  6. Understand the principles of valuing a leasehold interest.
  7. Assess the market value of a property with development potential by applying the appropriate valuation methodology.
  8. Determine market rent for a commercial property.
  9. Measure the correct rentable area of a tenanted property.
  10. Assess the market value of a commercial investment property

Course examiners

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Christopher Bridges

Lecturer

Faculty of Agribusiness and Commerce

christopher.bridges@lincoln.ac.nz