A review of central parts of the subject of real estate valuation.
AI1111 Real Estate Valuation 7.5 credits
This course has been discontinued.
Last planned examination: Spring 2015
Decision to discontinue this course:
No information insertedInformation per course offering
Course offerings are missing for current or upcoming semesters.
Course syllabus as PDF
Please note: all information from the Course syllabus is available on this page in an accessible format.
Course syllabus AI1111 (Spring 2011–)Content and learning outcomes
Course contents
Intended learning outcomes
• Describe the foundations of value theory.
• Compare and discuss definitions of concepts and term used in real estate valuation
• Describe the real estate valuation process
• Describe the various methods of valuation that are applied to different type of objects, for instance condominium and woodlands, both from a theoretical and practical perspective.
• Give an overall description of how market analysis is performed, and how market information is gathered and used in the context of real estate valuation.
• Discuss real estate valuation when dealing with expropriation, environmentally contaminated property as well as Green Buildings.
• Discuss the issue of ethics and liability within real estate valuation.
• Apply the above knowledge practically and as member of a project group, carry out the valuation of a single family house as well as a commercial property of normal character.
• Critically analyse and judge the quality of a valuation report as well as present and defend your group’s valuation report at a course seminar
Literature and preparations
Specific prerequisites
For students not registrered on a KTH programme:
• Completed upper secondary education including documented proficiency in swedish and English (IELTS, TOEFL et al) and university studies of at least 120 hp out of which 7,5 hp in Corporate Finance or equivalent.
Recommended prerequisites
Investment Analysis (AI1108)
Equipment
Calculator for the exam
Literature
Fastighetsnomenklaturen, Institutet för värdering av fastigheter i Stockholm och Fastighetsnytt förlag, Stockholm.
Examination and completion
If the course is discontinued, students may request to be examined during the following two academic years.
Grading scale
Examination
- PRO1 - Assignment, 3.0 credits, grading scale: P, F
- TEN1 - Examination, 4.5 credits, grading scale: A, B, C, D, E, FX, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
A compulsory midterm exam which gives bonus points on the final exam will be given. The compulsory exercises also give bonus points on the final exam.
Other requirements for final grade
Written exam and compulsory exercises.
Opportunity to complete the requirements via supplementary examination
Opportunity to raise an approved grade via renewed examination
Examiner
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.