LVM 205 – Advanced Land Valuation
Course Title: Advanced Land Valuation
Number of Units: 3
Course Description: Deals with the concepts, principles, importance and actual valuation of complex properties
By the end of the course, the student should be able to:
● Determine which valuation methodology to use in investment, development and complex properties.
● Practice and impart professionalism in the industry.
● Analyze property markets.
● Use sound judgment in the valuation approach to market and non-market based properties.
Unit 1: Property Value and Market Analysis
Property Market Data Analysis
Investment Property Performance Analysis
Sales Adjustment Methods
Unit 2: Valuation of Investment Properties
Direct Capitalization Valuation Approach
Cash Flow Techniques
Discounted Cash Flow (DCF) Analysis
Unit 3: Valuation of Development Properties
Inception of the development proposal
Unit 4: Valuation of Specialized Properties
Nature of specialized properties
Property and business components of specialized properties