RE 4410 - Income Property Valuation

3 Credit Hours
Prerequisites: RE 4150 or RE 4160 or Consent of instructor.
Requirements: Must meet RCB upper division course requirements and 45 semester hours.

Description
The focus of this course is on the market valuation of income producing real estate stressing the market, cost, and income approaches to value. Of importance is the evolving relevance of real estate valuation information to corporate financial reporting and the needs and functions of corporate and investment fiduciaries. Both normative and actual models of valuation are presented and contrasted. Sources of appraisal error and bias are also examined.