Course Outline

BUSI 445 - Real Estate Development I

LESSON 1: Real Estate Development Overview
LESSON 2: Economic Forces and Trends in Real Estate Development
LESSON 3: Forces Shaping Real Estate Development: Political and Governmental
LESSON 4: Analysis of Development Potential
LESSON 5: Land Acquisition
LESSON 6: Urban Planning and Design
LESSON 7: Introduction to Feasibility Studies

Course Structure

Weekly multiple choice assignments: 10% of final grade.

Project 1: Location, neighbourhood, and site analysis: 20% of final grade.

This project involves a physical location, neighbourhood, and site analysis on a property selected by the student for a proposed development project. The projects require a personal visit to the prospective site.

Project 2: Market analysis: 20% of final grade.

Building on project 1, students are to complete a market analysis for the same property and create a report. Students will be required to conduct research on the surrounding areas as well as visit the site in order to successfully complete the project.

Project 3: Preparation of offer to purchase: 10% of final grade.

Students are required to find comparable sales in the area of their property (from the first two projects) to generate an offer price for the purchase of the property.

Final exam: Multiple choice and short-answer written questions: 40% of final grade.

Additional Resources

See Table of Contents for the texbook for this course:

  • Real Estate Development