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Course Unit Title Course Unit Code Type of Course Unit Level of Course Unit Year of Study Semester ECTS Credits
Real Estate Valuation For Civil Engineers INS342 Elective Master's degree 1 Spring 6

Name of Lecturer(s)

Prof. Dr. Mücahit OPAN
Associate Prof. Dr. Utkan MUTMAN
Assistant Prof. Dr. Adnan ÖNER

Learning Outcomes of the Course Unit

1) He/She can comment developments about global real estate market.
2) He/She can define the real estate market analysis.
3) He/She can consider real estate law in appraising.
4) He/She can find solutions about simple financing problems.
5) He/She can analyze zoning legislation applications.
6) He/She can generate real estate appraisal using Peer Comparison Method.
7) He/She can generate real estate appraisal using Income Method.
8) He/She can calculate construction costs.
9) He/She can prepare valuation reports
10) He/She can apply professional principles and ethical rules in his/her work

Program Competencies-Learning Outcomes Relation

Bölümün/programın program yeterlilikleri sistemde olmadığından ilişkilendirme işlemi yapılamamıştır.

Mode of Delivery

Face to Face

Prerequisites and Co-Requisites

None

Recommended Optional Programme Components

Management Economy

Course Contents

Value and Valuation Concepts, Real estatae valuation concept, Kinds of real estates, Aims of valuation, Factors that affect valuation, Real estate valuation practices in the world, Real estate valuation practices in Turkey, Real estatae valuation profession committees, Valuation approaches and valuation methods, Valuation process, Imputed comparison, Cost approach, Income capitalization approach, Land valuation analysis

Weekly Schedule

1) Evaluation Concept in Economy, Principles of Real Estates and Projects Evaluation
2) Zoning Legislations Concept
3) Conceiving Zone Plans and Planning Process
4) Resolving Comparison Method Problems in Real Estate Evaluation
5) Cost Analysis, Methods Designation Approximate Cost of Construction
6) Cost Method in Real Estate Evaluation ? Problem Resolving
7) Revenue Method in Real Estate Evaluation ? 1, Capitalization Concept
8) Midterm Exam
9) Revenue Method in Real Estate Evaluation , Problem Solving
10) Effects of Real Estate Investments to The Zone Planning
11) Mortgage Loans, Sorts of Financing
12) Evaluation Reports, Contents and Standards
13) Law concepts, Legal Remedies and Responsibilities
14) Professional Principles, Ethics Rules, Public Relations
15) Generak practise
16) Final Exam

Recommended or Required Reading

1- Dönem başında verilecek ders notları
2- Adapazarı İmar Yönetmeliği İmar Kanunu
3- Gayrımenkul Değerleme Esasları Ders Notu
4- Çözümlü Problemler 1

Planned Learning Activities and Teaching Methods

1) Lecture
2) Question-Answer
3) Discussion
4) Drill and Practice
5) Self Study


Assessment Methods and Criteria

Contribution of Semester Studies to Course Grade

40%

 

Number

Percentage

Semester Studies

Midterm Examination

1

50%

Presentation/Seminar

1

50%

 

Contribution of Final Examination to Course Grade

60%

Total

100%

Language of Instruction

Turkish

Work Placement(s)

Not Required