Courses – Fakultet tehničkih nauka u Novom Sadu

Subject: Estimation of value of real estate (17.GI540)

Native organizations units: Chair of Hydrotechnics and Geodesy

Type of studies	Title
Master Academic Studies	Geodesy and Geoinformatics (Godina: 1, Winter)
Master Academic Studies	Geodesy and Geoinformatics (Godina: 1, Winter)

General information:

Category	Theoretical-methodological
Scientific or art field	Geodezija
Interdisciplinary	No
ECTS	6

Educational goal:

Adoption of theoretical basis and introduction to the methodology of appraisal

Educational outcome:

That the acquired knowledge can be used in practice, especially in the practical tasks related to appraisal.

Course content:

Lecture content: Real estate and estimation. Evaluation basis. The estimation process.Concept and types of building land. Procedures for determining the value of land. Analysis of the cost (cost approach). Analysis of the sales comparison (market access). Analysis of capitalization (income). The concept of land rent. The zonal and point system. The model of building land valuation estimates. The principle of conclusionig based on cases. Role and tasks of institutions and individuals (appraiser) in the assessment procedure. Practice content: Practical application of the presented concepts from lectures.

Teaching methods:

Teaching forms: lectures, computer practice, consultations, individual elaboration of compulsory tasks, colloquiums. Knowledge evaluation: guided and individual elaboration of obligatory tasks; tests; final examination in oral form (theoretical and practical).