REAL ESTATE APPRAISAL

To supply conceptual and practical skills in the field of real estate appraisal in order to produce appraisal reports consistent with international standard rules.

Lectures (28 hours) and exercises (28 hours). Case studies discussion; group work; thematic seminars. Drafting of a final report.

In case of on line teaching, it may necessary to change some tipologies of exercises in order to comply with the outline. Learning assessment may also be carried out on line, should the conditions require it.

Elements of financial mathematics. Basic statisitcs. Appraisal postulates and criteria. Market-oriented appraisal mehods: traditional approaches; market comparison approach; paired data analysis; general systems approach; nearest appraisal technique; regresssion models. The cost approach; deprecation estimates. The income approach. Real estate market and market analysis. Appraisal standards. The appraisal report. Professional practices and law.

1. Michieli M., Cipollotti G.B. (2018): Trattato di estimo generale, immobiliare, agrario, forestale, ambientale, legale. Edagricole.

2. Simonotti M. (2006): Metodi di stima immobiliare. Applicazioni degli standard internazionali. Flaccovio.

3. Simonotti, M. (2011). Valutazione immobiliare standard. Stimatrix.

4. Appraisal Institute (2013). The Appraisal of Real Estate, 14th Edition.