Modules

Core Module Information
Module title: Real Estate Surveying 1 (GA)
SCQF level: 08:
SCQF credit value: 20.00
ECTS credit value: 10
Module code: BSV08410
Module leader: Temidayo Osunsanmi
School School of Computing, Engineering and the Built Environment
Subject area group: Built Environment
Prerequisites

There are no pre-requisites for this module to be added
Description of module content:

The module will introduce the principal methods of property valuation in residential and commercial property markets and demonstrate the application of these methods in a range of contexts. You will explore the principles and mathematical basis of different methods of valuation and be aware of the regulatory framework under which valuations are carried out. You will analyse property market information and the adjustment and use of rental and yield information in the undertaking conventional valuations.
Learning Outcomes for module:

Upon completion of this module you will be able to

LO1: Analyse and use rental and property yield information.

LO2: Apply conventional freehold investment and comparison valuation methods.

LO3: Understand and apply the contractors, residual and profit methods of valuation.

LO4: Appreciate the role of professional regulation and the framework of regulation for Valuation Practice in the UK.
Full Details of Teaching and Assessment
2024/5, Trimester 2, In Person,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: In Person
Location of delivery: MERCHISTON
Partner:
Member of staff responsible for delivering module: Temidayo Osunsanmi
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 25 Each day, you will attend a 5-hour interactive lecture designed to stimulate critical thinking and foster a collaborative environment, enhancing your understanding of the principal valuation methods. However, breaks will be provided between the lectures.
Face To Face Tutorial 10 Each day, you will engage in reinforcement learning through interactive discussions based on lecture slides and notes.
Online Guided independent study 165 You will have the opportunity to reflect on what was covered in class. You will revisit lectures, textbooks, and recommended readings to reinforce your understanding of key concepts. You will also organize and summarize lecture notes to clarify important points and identify areas needing further study. It is expected that you should come to class with questions emanating from your independent study.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Report 50 1~2~3~4 Week 10 , WORDS= 2500 You will prepare a valuation report using any of the five valuation methods and perform the necessary valuation calculations.
Report 50 1~2~3~4 Week 13 , WORDS= 2000 You will assess property values using the principal valuation methods and critically evaluate each method
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Indicative References and Reading List - URL:
Real Estate Surveying 1
 

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