Sep
Dates
Sep 13 - 17, 2026
Fee
$5,350.00
Reserve Your Place
Real Estate
Principles of Property Valuation
Duration5 Days
FormatPublic · Virtual-Live
LanguageEN
Available Dates & Locations
Sep
Dates
Sep 13 - 17, 2026
Fee
$3,750.00
Reserve Your Place
Sep
Dates
Sep 13 - 17, 2026
Fee
$5,350.00
Reserve Your Place
Sep
Dates
Sep 13 - 17, 2026
Fee
$3,750.00
Reserve Your Place
Overview
This foundation course provides a comprehensive introduction to property valuation principles and methodologies. Participants will explore the fundamental concepts of value, valuation approaches, and the factors that influence property worth across different asset classes. The program establishes essential knowledge required for professionals involved in property transactions, investment decisions, and asset management. Through practical exercises and case studies, participants will develop the ability to understand and interpret valuation reports and apply basic valuation concepts in professional contexts.
Objectives
By attending this course, participants will be able to:
- Explain the fundamental concepts of value and valuation purpose
- Identify the three primary valuation approaches and their applications
- Conduct basic property inspections and data gathering
- Analyze market data relevant to property valuation
- Interpret valuation reports and identify key assumptions
Key Competencies
- Valuation Principles
- Valuation Approaches
- Property Inspection
- Market Analysis
- Report Interpretation
Course Outline
1
Valuation Principles
- Concepts of Value
- Definition and types of value
- Market value versus investment value
- Highest and best use analysis
- Valuation Purpose and Standards
- Purpose and intended use of valuations
- International Valuation Standards overview
- Ethical obligations and independence
- Factors Influencing Value
- Physical characteristics and condition
- Location and accessibility
- Economic and market conditions
2
Valuation Approaches
- Sales Comparison Approach
- Principles of substitution and comparison
- Identifying comparable properties
- Adjustment factors and methodology
- Income Approach
- Income capitalization fundamentals
- Net operating income calculation
- Capitalization rates and yield analysis
- Cost Approach
- Replacement and reproduction cost
- Depreciation types and estimation
- Land valuation methods
3
Property Inspection
- Site Analysis
- Physical site characteristics
- Environmental considerations
- Access and infrastructure
- Building Inspection
- Construction quality and materials
- Building systems assessment
- Condition and maintenance evaluation
- Documentation Requirements
- Photographs and measurements
- Data verification procedures
- Inspection reporting standards
4
Market Analysis
- Market Research Fundamentals
- Primary and secondary data sources
- Market segmentation and delineation
- Supply and demand analysis
- Comparable Data Analysis
- Transaction data collection
- Rental market analysis
- Verification and adjustment of data
- Market Indicators
- Vacancy and absorption rates
- Price trends and market cycles
- Economic indicators affecting value
5
Report Interpretation
- Valuation Report Structure
- Report formats and requirements
- Key sections and content
- Supporting documentation
- Critical Analysis
- Reviewing assumptions and limiting conditions
- Assessing methodology appropriateness
- Identifying potential issues and red flags
- Application of Findings
- Using valuations in decision-making
- Communicating valuation results
- Challenging and appealing valuations
Outline and competencies are indicative; the final agenda is tailored and confirmed with VIFM.
Who Should Attend
This course is designed for professionals who require foundational knowledge in property valuation. It is suitable for:
- Real estate professionals seeking valuation fundamentals
- Investment analysts entering the real estate sector
- Lending officers involved in property-secured financing
- Asset managers requiring valuation literacy
- Government officials involved in property assessment
Methodology
This course combines interactive lectures, case studies, property inspection exercises, and practical valuation workshops to reinforce learning outcomes.
Interested in this programme?
Reserve your place and our learning advisor will contact you.
