First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Agricultural Sciences and Veterinary Medicine
Course unit
AVP6077218, A.A. 2019/20

Information concerning the students who enrolled in A.Y. 2018/19

Information on the course unit
Degree course Second cycle degree in
AG0065, Degree course structure A.Y. 2017/18, A.Y. 2019/20
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Number of ECTS credits allocated 6.0
Type of assessment Mark
Course unit English denomination RURAL APPRAISAL
Website of the academic structure
Department of reference Department of Agronomy, Food, Natural Resources, Animals and the Environment
E-Learning website
Mandatory attendance No
Language of instruction Italian
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

Teacher in charge TIZIANO TEMPESTA AGR/01

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Core courses AGR/01 Rural economy and evaluation 6.0

Course unit organization
Period First semester
Year 2nd Year
Teaching method frontal

Type of hours Credits Teaching
Hours of
Individual study
Practice 2.0 16 34.0 No turn
Lecture 4.0 32 68.0 No turn

Start of activities 30/09/2019
End of activities 18/01/2020
Show course schedule 2019/20 Reg.2017 course timetable

Examination board
Board From To Members of the board
2  Commissione a.a. 2019/20 01/12/2019 30/11/2020 TEMPESTA TIZIANO (Presidente)
VECCHIATO DANIEL (Membro Effettivo)
PISANI ELENA (Supplente)
SECCO LAURA (Supplente)
THIENE MARA (Supplente)
1 Commissione a.a. 2018/19 01/12/2018 30/11/2019 TEMPESTA TIZIANO (Presidente)
VECCHIATO DANIEL (Membro Effettivo)
PISANI ELENA (Supplente)
SECCO LAURA (Supplente)
THIENE MARA (Supplente)

Prerequisites: The student should have a good basic knowledge in the field of microeconomics and the economy of the farm.
Target skills and knowledge: The aim of the course is to provide students with the knowledge necessary for professional practice in the field of the rural appraisal.At the end of the course the student will be able to know the dinamics of the farmland market and to estimate the value of the agricultural lands using the main methodologies provided by the International Valuation Standards
Examination methods: The exam is oral. With reference to specific parts of the program, during the course, progress tests may be scheduled. The participation to the progress tests is not compulsory and is restricted to the students frequenting regularly the lessons. The aim of the progress tests is to verify students' level of learning and to simplify the final exam.
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° ECT: 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. Financial mathematics. Present value and discounting. Simple and compound interest. Annuity and Poliannuality.
2° ECT: 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.
3° ECT: 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.
4° ECT: 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. The adjustment of the estimated values considering the specific situation of the land.
5° ECT: Real estate demand and supply. Characterisation of the real estate market segments. Real estate market in Italy. The honeycomb cycle in real estate. Livestock farm appraisal.
6° ECT: 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 lectures and practical applications.
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
(Moodle Platform of the School of Agriculture and Veterinary Medicine).
Textbooks (and optional supplementary readings)
  • Tempesta Tiziano, Appunti di estimo rurale. Padova: CLEUP, 2018. Cerca nel catalogo

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

Sustainable Development Goals (SDGs)
Responsible Consumption and Production