First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Agricultural Sciences and Veterinary Medicine
LAND AND LANSCAPE RESTORATION AND ENHANCEMENT
Course unit
LAND AND ENVIRONMENTAL RESOURCE VALUATION
AGM0013370, A.A. 2019/20

Information concerning the students who enrolled in A.Y. 2017/18

Information on the course unit
Degree course First cycle degree in
LAND AND LANSCAPE RESTORATION AND ENHANCEMENT
AG0061, Degree course structure A.Y. 2017/18, A.Y. 2019/20
N0
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Degree course track Common track
Number of ECTS credits allocated 8.0
Type of assessment Mark
Course unit English denomination LAND AND ENVIRONMENTAL RESOURCE VALUATION
Website of the academic structure https://www.agrariamedicinaveterinaria.unipd.it/
Department of reference Department of Land, Environment, Agriculture and Forestry
Mandatory attendance No
Language of instruction Italian
Branch LEGNARO (PD)
Single Course unit The Course unit can be attended under the option Single Course unit attendance
Optional Course unit The Course unit can be chosen as Optional Course unit

Lecturers
Teacher in charge TIZIANO TEMPESTA AGR/01

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Core courses AGR/01 Rural economy and evaluation 8.0

Course unit organization
Period Second semester
Year 3rd Year
Teaching method frontal

Type of hours Credits Teaching
hours
Hours of
Individual study
Shifts
Practice 2.0 16 34.0 No turn
Lecture 6.0 48 102.0 No turn

Calendar
Start of activities 02/03/2020
End of activities 12/06/2020
Show course schedule 2019/20 Reg.2017 course timetable

Syllabus
Prerequisites: The student should know the basic principle of economics with particular reference to the market equilibrium, the firm’s costs, the public goods and the externalities
Target skills and knowledge: The students acquire the knowledge required for the evaluation of public and private goods and for the professional practice in the field of real estate appraisal and land development
Examination methods: The exam is oral and written. Progress tests are scheduled.
Assessment criteria: To assess the preparation of the students the following topics will be considered:
- Knowledge of the general principles of appraisal;
- Knowledge of methods of estimation;
- The ability to apply the methods to legal estimates.
Course unit contents: 1 credit: Aims and purposes of Real Estate Appraisal. Real estate demand and market segments.
Real estate profitability. Characters of estimates. Appraisal cases: valuation of the most probable market price; damage valuation. Estimation procedures and estimation models. Economic aspects of assets. Estimates in the public and private context. International valuation standards.
2 credit: Financial mathematics. Present value and discounting. Simple and compound interest. Annuity and Poliannuality. Amortization and reintegration quotas.
3 credit: Price comparison approach models: simple comparison, simple regression, estimate by unit values, multiple regression, Market Comparison Approach, adjustment coefficients. Income approach: income capitalization, gross rent multiplier.
4 credit: The Cost approach: articulation of the cost approach, balance sheet and comparative approach, obsolescence factors and depreciated price. The phases of estimation of the transformation value. The value of subrogation (outline). The procedures to estimate the complementary value: estimate by comparison, mixed estimate.
5 credit: Appraisal principle in the public context. Public goods evaluation methods: travel cost. Monitoring and estimating the number of visitors or consumer of a public good.
The contingent valuation method. Most relevant bias and operational procedures.
6 credit: Land demand and supply. Characterisation of the farmland market segments. Land market in Italy. Land and farm appraisal. Estimation procedures and case studies. Estimate of farm damages and of the complementary value.
7 credits: Real estate demand and supply. Characterisation of the real estate market segments. Real estate market in Italy. The honeycomb cycle in real estate.
8 credit: Legal estimates. Estimation of the usage estate rights (usufruct, use and housing right). Right of way (passage, aqueduct, methane pipeline, power line). Compulsory purchase legislation in Italy.
Planned learning activities and teaching methods: The course is divided into 48 hours of lectures and 16 hours of practical application.
The lectures are preparatory to the knowledge of the methodologies that will be applied to case studies during the course. In this way, the student will be provided with appropriate methodological basis which should allow it to independently apply the methods learned.
Additional notes about suggested reading: The slides presented in class will be available at the link https://elearning.unipd.it/scuolaamv/
Office hours: every Monday from 17:00 to 18:00 in the office of teacher, consistent with the class schedule established by the School of Agriculture and Veterinary Medicine.
Textbooks (and optional supplementary readings)
  • Tempesta Tiziano, Appunti di estimo rurale. Padova: CLEUP, 2018. Cerca nel catalogo
  • Tempesta Tiziano, Appunti di estimo ambientale. Padova: CLEUP, 2018. Cerca nel catalogo

Innovative teaching methods: Teaching and learning strategies
  • Loading of files and pages (web pages, Moodle, ...)

Innovative teaching methods: Software or applications used
  • Moodle (files, quizzes, workshops, ...)

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