FIN 473: Principles of Real Estate

Larry Schrenk, Instructor

Class Websites

Part I: SETTING THE STAGE

Topic 1 The Nature of Real Estate and Real Estate Markets (Chap. 1)

Part II: LEGAL AND REGULATORY DETERMINANTS OF VALUE

Topic 2 Legal Foundations to Value (Chap. 2)

S8

 Winona City Code

Part III: MARKET VALUATION AND APPRAISAL

Topic 3 Market Determinants of Value (Chap. 5)

S10

USA Counties in Profile

U.S. Census Quick Facts

U.S. Census Quick Facts: Winona County, Housing Units

County Business Patterns (employment by industry and establishment size)

Topic 4 Forecasting Ownership Benefits and Value: Market Research (Chap. 6)

S21

U.S. Census, American Community Survey

U.S. Census: Winona

U.S. Census, American Community Survey: Winona, DP05ACS Demographic and Housing Estimates

S28

U.S. Census, County Business Patterns

U.S. Census, County Business Patterns, Congressional District MN 1

S36

Bureau of Labor Statistics

Bureau of Labor Statistics: Quarterly Census of Employment and Wages

Census Business Builder (CBB)

Topic 5 Valuation Using the Sales Comparison and Cost Approaches (Chap. 7)

S23

Winona County Property Database

Winona County Property Database: Merchants Bank Goodview 4124 6TH ST

            NB: Assessed vs. Market Value

Winona County Property Database: Merchants Bank Goodview 4124 6TH ST (Map)

Winona County Property Database: The Bar

Winona County Property Database: Goodview City Parcels

Winona County Property Database: Fastenal Purchasing Parcels

Winona County Property Database: Fastenal HQ

CoStar

Real Capital Analytics (MSCI)

S27

Freddie Mac

Federal Housing Finance Agency (FHFA)

S&P CoreLogic Case-Shiller Home Price Indices

National Association of Realtors, Metropolitan Median Area Prices and Affordability  

S40

R.S. Means

S47

Freddie Mac, Home Value Suite

S48

SmartZip, AVM

Zillow

Topic 6 Valuation Using the Income Approach (Chap. 8)

Part IV: FINANCING HOME OWNERSHIP       

Topic 7 Real Estate Finance: The Laws and Contracts (Chap. 9)

Topic 8 Residential Mortgage Types and Borrower Decisions (Chap. 10)

Topic 9 Sources of Funds for Residential Mortgages (Chap. 11)

Part V: BROKERING AND CLOSING THE TRANSACTION

Topic 10 Real Estate Brokerage and Listing Contracts (Chap. 12)

Part VI: TIME, OPPORTUNITY COST, AND VALUE DECISIONS   

Topic 11 Mortgage Calculations and Decisions (Chap. 15/14)

Part VI: FINANCING AND INVESTING IN COMMERCIAL REAL ESTATE

Topic 12 Commercial Mortgage Types and Decisions (Chap. 16) 

Topic 13 Sources of Commercial Debt and Equity Capital (Chap. 17)

Topic 14 Investment Decisions (Chap. 18/19) 

Topic 15 Income Taxation and Value (Chap. 20)