Real Estate Division

CPD 141 - Exploratory Data Analysis: Next Generation Appraisal Techniques

Pre-requisite: this course assumes students have a working knowledge of statistics and computer applications to generate them; students must have completed BUSI 121 / CPD 140 or equivalent. As well, students will benefit from a working knowledge of appraisal theory and practices; recommend prior completion of BUSI 330 or CPD 130 or equivalent (e.g., Trading Services / real estate sales course).

Course Outline

Foreword: Introduction to Professional Development Courses

Lesson 1: Exploratory Data Analysis

  • Instructor's Comments
  • Introduction to Exploratory Data Analysis
  • Exploratory Data Analysis Techniques: The "Four Rs
  • Exploratory Data Analysis Case Studies
  • Summary: Exploratory Data Analysis
  • Review and Discussion Questions

Lesson 2: Market Identification and Property Characterization

  • Instructor's Comments
  • Where Does Market Identification Fit in Appraisal?
  • Market Identification Steps
  • Property Characterization: Moving From Research to Analysis
  • Characterization: Variable and Measure Types
  • Case Studies: Market Identification and Property Characterization
  • Summary: Market Identification and Property Characterization
  • Review and Discussion Questions

Lesson 3: Statistical Analysis and Computer Applications Case Studies

  • Instructor's Comments
  • Statistical Analysis and Computer Application Case Studies
  • Summary
  • Review and Discussion Questions

Afterword: The Final Quiz

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