Real Estate Division

BUSI 398 - Residential Property Guided Case Study

Course Outline

Lesson No. 1: Appraisal Process and Course Expectations
Lesson No. 2: Critical Thought
Lesson No. 3: Principles of Research
Lesson No. 4: Market Research and Subject Property Identification
Lesson No. 5: Data Analysis and Tools
Lesson No. 6: Effective Report Writing
Lesson No. 7: Title Searching
Lesson No. 8: Area and City Analysis, and Neighbourhood Analysis
Lesson No. 9: Site & Improvements Description, and Assessment & Taxes
Lesson No. 10: Zoning/Land Use Controls and Highest and Best Use
Lesson No. 11: Cost Approach – Land Value
Lesson No. 12: Cost Approach – Cost Analysis
Lesson No. 13: Depreciation Analysis and Cost Approach Summary
Lesson No. 14: Direct Comparison Approach
Lesson No. 15: Income Approach
Lesson No. 16: Reconciliation, Certification, and Introduction
Lesson No. 17: Summary and Linkages
Lesson No. 18: Submission of the Narrative Appraisal Report

Course Structure

14 assignments: 50% of final grade.

Final examination (Assignment 18): 50% of final grade.


Textbook sold separately: Appraisal of Real Estate (3rd Canadian Edition), $103.95 (includes taxes). Can be purchased directly from the Real Estate Division's Online Bookstore.

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