GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
REAL ESTATE VALUATION/SGR-408
Course Title: REAL ESTATE VALUATION
Credits 3 ECTS 6
Semester 8 Compulsory/Elective Elective
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Turkish
 -- NAME OF LECTURER(S)
  Doç. Dr. Emine Öner KAYA
 -- WEB SITE(S) OF LECTURER(S)
  -
 -- EMAIL(S) OF LECTURER(S)
  -
 -- LEARNING OUTCOMES OF THE COURSE UNIT
Learns Principles of property valuation and valuation principles
Learns Sales Comparison Approach, Income Capitalization Approach, Direct Capitalizatio
Learns Discounted Cash Flow Analysis, Cost Approach, Depreciation Estimated, Immovables Valuation of Distressed
Learns Reconciliation of Value Indicators and Valuation Report
 -- MODE OF DELIVERY
  The mode of delivery of this course is Face to face
 -- PREREQUISITES AND CO-REQUISITES
  There is no prerequisite or co-requisite for this course.
 -- RECOMMENDED OPTIONAL PROGRAMME COMPONENTS
  There is no recommended optional programme component for this course.
 --COURSE CONTENT
1. Week   Introduction to Property Valuation
2. Week  Appraisal Principles, The Valuation Process
3. Week  Market Area and Neighborhood Analysis
4. Week   Sales Comparison Approach
5. Week  Income Capitalization Approach, Income and Expense Analysis
6. Week  Direct Capitalization
7. Week   Discounted Cash Flow Analysis and Special Applications in Income Capitalization
8. Week  Midterm
9. Week  Site Valuation
10. Week  The Cost Approach
11. Week  Depreciation Estimates
12. Week  Valuation of Distressed Properties
13. Week  Reconciling Value Indications, The Appraisal Report
14. Week  Case study
15. Week  Case study
16. Week  Final
 -- RECOMMENDED OR REQUIRED READING
  The Appraisal of Real Estate, Appraisal Institute. J.D.Fisher-R.S.Martim: Income Property Valuation, Dearborn Real Estate Education
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture, Question & Answer, Demonstration, Drill - Practise
 -- WORK PLACEMENT(S)
  -
 -- ASSESSMENT METHODS AND CRITERIA
 
Quantity
Percentage
 Mid-terms
1
40
 Assignment
0
0
 Exercises
0
0
 Projects
0
0
 Practice
0
0
 Quiz
0
0
 Contribution of In-term Studies to Overall Grade  
40
 Contribution of Final Examination to Overall Grade  
60
 -- WORKLOAD
 Efficiency  Total Week Count  Weekly Duration (in hour)  Total Workload in Semester
 Theoretical Study Hours of Course Per Week
14
3
42
 Practising Hours of Course Per Week
0
 Reading
7
3
21
 Searching in Internet and Library
7
3
21
 Designing and Applying Materials
0
 Preparing Reports
7
3
21
 Preparing Presentation
0
 Presentation
0
 Mid-Term and Studying for Mid-Term
7
3
21
 Final and Studying for Final
7
3
21
 Other
0
 TOTAL WORKLOAD: 
147
 TOTAL WORKLOAD / 25: 
5.88
 ECTS: 
6
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
 PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1Use mathematical and graphical tools in the field of insuranceX
2Understand the basic concepts and assumptions related to the science of insuranceX
3Use methods, techniques and tools necessary for the analysis and modelling of economic data to ensure and evaluate the obtained resultsX
4Describe the structure and properties of the markets in economyX
5Make predictions about the relationships between economic and financial variablesX
6Analyze and comment on current economic eventsX
7Comment on Insurance SectorX
8Analyze the insurance companies and the insurance sector within the framework of economic, financial and accounting dataX
9Have the ability to develop solutions for social problemsX
10Have the ability to do inter-disciplinary research and studyX