NVCC COLLEGE-WISE COURSE CONTENT SUMMARY
REA 218 - APPRAISING THE SINGLE FAMILY RESIDENCE (3 CR.)
 

COURSE DESCRIPTION

Promotes an understanding and working knowledge of procedures and techniques used to estimate market value of vacant residential land and improved single family residential properties. Emphasizes the proper application of valuation methods and techniques to residential properties and extraction of data from the market for use in sales comparison, cost, and income capitalization approaches to value. Lecture 3 hours per week.

GENERAL COURSE PURPOSE

Designed to promote an understanding and working knowledge of the procedures and techniques used to estimate market value of vacant residential land and improved single-family residential properties.

ENTRY LEVEL COMPETENCIES

Prerequisite for this course is REA 216 - "Real Estate Appraisal" or a basic understanding of real estate appraisal theory and practice is necessary.

COURSE OBJECTIVE

MAJOR TOPICS TO BE INCLUDED Revised 10/98

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