On the definition of Estimo
Main economic topics for the evaluation
A brief history of economic thought;
Need, commodity, utility;
Resources allocation;
Introduction to the price system: circular flow model, supply and demand model, economic equilibrium;
Production; Exchange; Economic values; Market forms.
Mathematical tools for the Estimo
Financial calculation: Simple interest, compound interest, Annuity
Statistical elements to the Estimo.
Evaluations and Values
The causes of the evaluations; Evaluations contexts; Values in conflicting assessments; Values in non-conflicting evaluations; Values in evaluations of public goods.
Values: the market value; the cost value; the transformation value; the complementary value; The substitution value.
Capitalization of income.
Theory
Law of Indifference by Jevons; Principle of comparison; Conditioning of space and time; Law of Indifference by Jevons in real markets.
Evaluation procedures of private goods
Direct procedures in conflicting assessments (Market value through: the single-parameter approach; the sales comparison approach; the multiple regression analysis.
The cost value).
Indirect procedures in conflicting assessments;
(Market value through: income hypothesis; transformation hypothesis; substitution hypothesis; complementary hypothesis. Cost value through: Bill of Quantities hypothesis).
Procedures in non-conflicting evaluations (All approaches according to the customer's requests and expectations).
Land law in Italy
Expropriation in the public interest; Land value recapture.
Rights of use
Right of superficie, usufruct, easements.
Evaluation procedures in real estate projects
Discounted Cash Flow analysis
Cadastral assessments
Environmental impact assessment" (EIA)
Evaluating buildings damage caused by natural disasters in Italy
The development of the cost estimate for renovating the buildings damaged by the earthquake that struck the Abruzzo region on April 2009.
