3335. Commercial Real Estate Appraisal
3.00 credits
Prerequisites: FNCE 3302, 3332 or 3334; open only to Business majors of junior or higher status.
Grading Basis: Graded
Commercial real estate appraisal and an overview of the three traditional approaches to real property valuation - the cost approach, the sales comparison approach and the income capitalization approach. Provides an overview of practices emphasized by the Appraisal Institute and how valuation work is completed in accordance with the Uniform Standards of Professional Appraisal Practice. A case appraisal of a small commercial property is an essential part of this course.
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