9917 (v.5) Valuation Practice 320

Area:

School of Economics and Finance

Credits:

25.0

Contact Hours:

3.0

Seminar:

1 x 3 Hours Weekly

Prerequisite(s):

13324 (v.3) Valuation Methodology 301 or any previous version

Syllabus:

Narrative valuation reports overview and revision. Research and analysis techniques overview and revision. Information sources and systems overview and revision. Practical experience work period.

Unit Outcomes:

On successful completion of this unit students will have- Achieved a high level of proficiency in the preparation of valuation reports. Completed a successful practical valuation experience, in which academic skills have been practiced, and competency demonstrated. Felt competent to participate in the work of a valuation department as a trainee valuer.

Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.

Unit References:

Australian Property Institute. (2002). Professional practice 2002. ACT, Deakin. Cordells Building Cost Guide Fischer, D. Income Property Analysis and Valuation. FP Media 2000. CD Rom textbook and companion software. Fischer, D. Real Estate Appraisal. (Translation of "Evaluation Immmobiliere", Montreal, 1992). Lusht, K. M. (1997). Real Estate Valuation Principles and Applications. Chicago, Irwin. Reynolds, H.L. and Solomon, P.L. (1998). The Property Development Process: Western Australia. Victor Publishing Robinson, J. (1989). Property Valuation and Investment Analysis: A Cash Flow Approach. The Law Book Company Whipple, R.T.M. (1995). Property Valuation and Analysis. The Law Book Company. Whipple, R.T.M. (1984). Real estate valuation reports and appraisals. NSW, Law Book Company.

Unit Texts:

No prescribed texts.

Unit Assessment Breakdown:

In order to obtain a pass mark students must attend a satisfactory number of class sessions and field trips and complete the practical experience requirements and hand in the completed diary and required valuations. There is no Examination. This is a pass/fail assessment.

Year	Location	Period	Internal	Area External	Central External
2004	Bentley Campus	Semester 2	Y