Land Valuation and Rural Real Estate Minor

Student Learning Outcomes

Students earning a minor in Land Valuation and Rural Real Estate will be able to:

• Verify legal descriptions of real estate properties in public records.
• Provide market analysis of comparable nearby properties to establish value comparisons and to provide alternative solutions to assessing a property’s value where similar properties do not exist.
• Prepare and maintain data on each property, including background research, observations, methods used in estimating the property’s value, location, and lease records.
• Apply math and finance formulas such as discounted cash flow analysis, financial ratios and returns to the equity and mortgage, lease returns, gross and net income multipliers, along with direct and yield rates of return, regression analysis, and basic statistics, etc.
• Ability to articulate methods of research and analysis in producing a final report.

Academic Requirements

A minimum GPA of 2.0 is required for the courses in the minor.

Requirements for Land Valuation and Rural Real Estate Minor: 19 Credits

• AGEC /  BLAW 352 - Agricultural Law Credits: 3

• or AGEC /BLAW 462 - Environmental Law Credits: 3  
  or BLAW 351 - Business Law (COM) Credits: 3  

• AGEC 473 - Rural Real Estate Appraisal Credits: 2
• AGEC 473L - Rural Real Estate Appraisal Lab Credits: 1
• BLAW 433 - Real Estate (COM) Credits: 3
• BLAW 453 - Principles and Procedures of Valuation Credits: 4

Select from the following

Select one of the following emphasis areas. Credits: 6

Total Required Credits: 19