Discipline: Real Estate Degree Credit  [X]
Non Credit  [ ]
Nondegree Credit  [ ]
Comm Service  [ ]
 

Riverside Community College District
Integrated Course Outline of Record

Real Estate 84


COURSE DESCRIPTION
84 Real Estate Appraisal Units: 3.00
 
Prerequisite: None.
 
Purposes of appraisals, the appraisal process, and the different approaches, methods and techniques used to determine the value of various types of property. Emphasis will be on residential and single-unit properties. 54 hours lecture.
 
SHORT DESCRIPTION FOR CLASS SCHEDULE
Compares approaches, methods, and techniques used to value property. Emphasis on residential and single-unit property.
 
ADVISORY ENTRY SKILLS
None.

STUDENT LEARNING OUTCOMES
 Upon successful completion of the course, students should be able to:

1.   Explain and evaluate methods of determining real estate values.

2.   Analyze and apply principles and concepts within the subject matter.

3.   Demonstrate the ability to analyze problems and solutions in
      appraising real estate.
 
COURSE CONTENT
  TOPICS
 
  1. Purpose of Appraisals
  2. Property Interests
  3. Principles of Valuation
  4. Cities and Neighborhoods
  5. Site Analysis
  6. Market Analysis
  7. Cost Analysis and Depreciation
  8. Income Approach
  9. Correlation and Value Conclusion
  10. Property Types
  11. Uniform Standards of Professional Appraisal Practice
 
METHODS OF INSTRUCTION
 Methods of instruction used to achieve student learning outcomes may include, but are not limited to:

  • Lectures that both disseminate information and pose problems;
  • Group and panel discussions; discussion which emphasize the ability to think critically;
  • Guest lectures;
  • Instruction Media: films/videos/slides/audio tapes/ graphic displays;
  • On-line instruction; Hybrid; Web-Enhanced
 
METHODS OF EVALUATION
 Students will be evaluated for progress in and/or mastery of learning outcomes by methods of evaluation which may include, but are not limited to:

  • Quizzes; examinations containing objective questions (multiple choice, matching, fill-in-the-blank, and essay questions emphasizing problem solving and analysis.
  • Class participation; 
  • Oral reports, presentations; 
  • Group and individual projects;
  • Outside written work such as term reports and interpretive essays.
ASSIGNMENTS

Required Reading Assignments


Required Writing Assignments


Other Outside-of-Class Assignments
 
COURSE MATERIALS
 All materials used in this course will be periodically reviewed to ensure that they are appropriate for college level instruction. Possible texts include:

  • Betts & Ely. Basic Real Estate Appraisal. 6 ed. any: Thompson, 2005.
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