The Property Valuation and Appraisal course is a robust, professional-level training program designed to immerse you in the advanced theories, standards, applications, and real-world practices involved in assessing the monetary value of real estate assets. The course blends academic rigor with practical field techniques, equipping you with both the quantitative and qualitative tools needed to carry out defensible, standardized, and insightful valuations in a wide range of real estate contexts.

Property valuation and appraisal are central pillars of the real estate industry, underpinning investment decisions, financing structures, tax assessment, asset management, insurance underwriting, and legal disputes. This course is developed for individuals seeking deep expertise in the valuation profession whether they are preparing for certification or licensing exams, advancing careers in real estate development or investment, or managing portfolios that require constant valuation insights.

This course begins by laying a firm conceptual foundation: what is value, how is it defined in the property context, and what are the different types and purposes of valuation? It then explores the key drivers of property value location, legal rights, economic factors, social trends, physical conditions, and environmental considerations showing how these variables interact in dynamic market environments.

You will master the three universally accepted valuation approaches:

1. Sales Comparison Approach : Estimating value based on comparable property transactions.
   
   

2. Cost Approach : Calculating value from the cost of replacing the structure, minus depreciation, plus land value.
   
   

3. Income Capitalization Approach : Determining value based on the income-generating potential of a property.
   
   

Additionally, the course dives into specialized valuation practices such as:

• Valuation for mortgage underwriting
  
  

• Taxation and insurance purposes
  
  

• Investment analysis
  
  

• Compulsory acquisition and compensation
  
  

• Valuation for financial reporting (IFRS & IPSAS)
  
  

• Litigation and arbitration support
  
  

• Plant, machinery, and infrastructure valuation
  
  

• Valuation of contaminated or derelict land
  
  

Real-world valuation requires not only technical knowledge but also the ability to manage uncertainty, ethical dilemmas, regulatory frameworks, and technological tools. You will learn to gather and interpret property data, conduct highest and best use analyses, assess functional and economic obsolescence, and apply GIS-based tools, regression models, and Automated Valuation Models (AVMs).

The course incorporates training in international valuation standards (IVS), Royal Institution of Chartered Surveyors (RICS) guidelines, Uniform Standards of Professional Appraisal Practice (USPAP), and national frameworks like Nigeria’s ESVARBON guidelines. You will also practice writing formal valuation reports, learning how to structure conclusions, present evidence, and defend values before stakeholders such as courts, lenders, or tax authorities.

The advanced modules include real-world case studies, complex financial modeling, and simulated valuation challenges that reflect industry realities. By the end of the course, you will not only know how to calculate value they will also understand the strategic implications of valuation decisions for buyers, sellers, governments, and communities.

Learning Outcomes

At the end of this course, you will be able to:

1. Understand and define different types of property value (market, investment, insurance, fair value, etc.)
   
   

2. Apply all three valuation approaches accurately with real-world data.
   
   

3. Identify and analyze factors that influence value, such as land use, zoning, market trends, and legal encumbrances.
   
   

4. Perform advanced market analysis and feasibility studies.
   
   

5. Conduct Highest and Best Use (HBU) assessments.
   
   

6. Develop full, legally compliant property valuation reports.
   
   

7. Use AVMs, GIS tools, and regression models for data-driven appraisals.
   
   

8. Carry out valuation for litigation, tax, insurance, and financial accounting.
   
   

9. Understand ethics, conflicts of interest, and professionalism in valuation.
   
   

10. Evaluate international and national valuation standards and apply them in practice.
    
    

Target Audience

• Estate Surveyors and Valuers
  
  

• Real Estate Agents and Consultants
  
  

• Mortgage Bankers and Loan Officers
  
  

• Developers and Investors
  
  

• Urban Planners and Government Appraisers
  
  

• Insurance and Tax Assessors
  
  

• Law Firms handling property disputes
  
  

• Students preparing for RICS, ESVARBON, or IVS certification exams
  
  

• Professionals seeking CPD (Continuing Professional Development)
  
  

Course Structure (10 In-Depth Modules)

1. Fundamentals of Property Valuation: Concepts, Purposes, and Value Types
   
   

2. Legal and Regulatory Framework for Valuation
   
   

3. The Sales Comparison Approach to Valuation
   
   

4. The Cost Approach: Replacement Cost and Depreciation Analysis
   
   

5. The Income Capitalization Approach: DCF and NOI Analysis
   
   

6. Valuation of Special Properties and Complicated Scenarios
   
   

7. Valuation for Taxation, Insurance, and Financial Reporting
   
   

8. Valuation Reporting, Professional Ethics, and Global Standards
   
   

9. Modern Valuation Tools: AVMs, GIS, Regression, and AI Modeling
   
   

10. Case Studies, Simulations, and Project-Based Application
    
    

Assessment and Certification

• Module-based Quizzes
  
  

• Midterm Case Assignments
  
  

• Practical Valuation Exercise
  
  

• Final Exam (50 Questions – MCQ & Scenario-based)
  
  

• Submission of a Capstone Valuation Report
  
  

Upon successful completion, you will receive a Certificate of Competence in Property Valuation and Appraisal, which can be used toward CPD points, job readiness, and portfolio credentials.

I Look Forward To Congratulating You Upon Completion Of This Course