Why join the workshop?
The module will provide participants with an understanding and working knowledge of the process of determining the value, appraisal and best use of specific properties. Exercises will show the scientific and technical steps in arriving at cost and its impact on the feasibility of projects.
to provide participants familiarity with the various elements of property valuation & the skills in determining best use and highest value.
Who Should Attend:
Landowners, developers, appraisers, decision makers and professionals engaged in valuation, costing, planning & management of property development projects
Part 1 – Highest and Best Use
- Definition of HBU
- Types of HBU
- Four Basic Steps in HBU Analysis
- For Vacant Properties
- For Property with Improvements
- Steps to Detect Financially Feasible Uses
- Special Situations in HBU
Part 2 – Approaches to Property Value
- Value Concepts and Principles
- Direct Comparison Approach
- Income Approach
- Cost Approach
- Reconciling Value Indications
*Program fee is PHP 5,900 plus VAT
Jul 26 - 26, 2012