RE 439 Real Estate Valuation I

Fundamentals of appraising real estate, focusing on valuation techniques for income-producing real estate assets. Analysis of income and expenses, net operating income, leveraged and unleveraged cash flows, debt coverage ratios, direct capitalization, multipliers, and discounted cash flows. Marketability analysis, highest and best use concepts, zoning, environmental issues, and the risks and rewards of real estate development are discussed.

Credits

4

Slash Listed Courses

Also offered for graduate-level credit as RE 539S and may be taken only once for credit.

Prerequisite

BA 303