Course Overview
This course builds on knowledge gained in the study of both macroeconomics and microeconomics in Levels 1 and 2. The focus concentrates on the relationship between basic economic principles and the identification and analysis of real estate market land development opportunities. You will become proficient in identifying and interpreting macro [P.E.E.S.T.] influences relevant to the ever-changing nature of real estate market opportunities. Drilling-down to the real property site, you will examine the approach to identifying, analyzing, and assessing the viability of building-out a real property site.
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion, the student will be able to:
- Identify and describe the nature and unique interplay of key elements in a real estate market.
- Research and analyze current PEEST factors and policies as they relate to the real property market.
- Research and analyze the effects of key infrastructural policies on urban development and real property value.
- Describe the fundamental concepts of the land development process.
- Identify and describe the underlying base factors that influence the price of real property.
- Identify and analyze real property price for a specific property.
- Identify and describe relevant the relevant current approach to site selection and, resulting land-use patterns.
- Describe, research, and analyze the effects of different zoning on urban land development and use.
- Describe the concept, purpose, and key elements of a common feasibility study for land development.
- Describe and assess a common real property development approval process.
Effective as of Spring/Summer 2010
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.