Finance and TreasuryReal Estate Market Analysis and Appraisal
This course covers the market analysis underpinning a property appraisal. Delegates work through market and submarket definition, supply and demand analysis, absorption and vacancy, comparable selection and adjustment, and highest and best use analysis. Considerable attention goes to the evidence problem: appraisal methods assume a supply of comparable transactions that many African markets do not provide, and the course covers the adjustments, disclosures and documented reasoning that make an appraisal defensible in that setting.
Course objectives
- Define a market and submarket for analysis purposes
- Analyse supply, demand, absorption and vacancy
- Select and adjust comparable transactions defensibly
- Carry out highest and best use analysis
- Handle appraisal where comparable evidence is scarce
- Document reasoning so an appraisal withstands challenge
- Disclose the limitations of an appraisal honestly
Who should attend
- Valuers and appraisers
- Property analysts and researchers
- Lenders relying on appraisal evidence
- Developers and investors
- Municipal and public sector property officials
Course outline
- 01Market and submarket definition
- 02Supply and demand analysis
- 03Absorption, vacancy and their interpretation
- 04Comparable selection and adjustment
- 05Highest and best use analysis
- 06Appraisal with scarce comparable evidence
- 07Documenting reasoning for challenge
- 08Disclosing limitations honestly
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 3 to 7 September 2026 | London, United Kingdom | Classroom | R11,995 per delegate | Register Now |
| 20 to 24 September 2026 | Cape Town, South Africa | Classroom | R11,995 per delegate | Register Now |
| 3 to 7 October 2026 | Windhoek, Namibia | Classroom | R11,995 per delegate | Register Now |
| 22 to 26 October 2026 | Cape Town, South Africa | Classroom | R11,995 per delegate | Register Now |