Course syllabus

Real Estate Appraisal

VFTF05, 15 credits, G2 (First Cycle)

Valid for: 2016/17
Decided by: Education Board D
Date of Decision: 2016-04-08

General Information

Main field: Technology.
Compulsory for: L3
Language of instruction: The course will be given in Swedish


The objective of the course is to learn the participants how to appraise the market value of real estate. Compulsory acquisitions are also studied.

Learning outcomes

Knowledge and understanding
For a passing grade the student must

Be able to:


Competences and skills
For a passing grade the student must

Be able to:


Judgement and approach
For a passing grade the student must

Be able to



The valuation of real estate is a central component in the course. The valuation of real estate is the application of general macroeconomic value and price theories. Each teaching moment consists of lectures and assignments, and also of project work in which the course's theoretical moments, as well as knolwedge from previous courses in the education, will be integrated and applied. The course is focused on a more pure real estate economy moment including general studies of the real estate market and its principles, as well as real estate property as a financial object, price formation in rental and real estate markets as well as the tax value of real estate and taxation. Included in this part is a study and comparison of objects in the real estate market, this market's financial and tax assumptions as well as fundamental construction technique. A central part consists of the valuation of real estate properties that has its emphasis on valuation theories and there, in particular, the area price method but also the yield method.

The course will also thoroughly deal with eminent domain and other forms of takings of real estate. The focus is set on how Swedish law addresses these problems and the variations among different forms of compulsory acquisitions.

Examination details

Grading scale: TH
Assessment: Participation in project works and a final written examination.


Admission requirements:

Required prior knowledge: VFTA01 Real Estate and Physical Planning, VFTF01 Economics
The number of participants is limited to: No
The course overlaps following course/s: VFT045, VFT085

Reading list

Contact and other information

Course coordinator: Universitetslektor Ingemar Bengtsson,
Course homepage: