thrivee skills
Real-Estate Finance / REIT / PE Research
draftfinance

Valuation & project economics

Putting a defensible number on an asset or a project, and knowing which method the situation calls for. The concept layer under every feasibility, DPR and appraisal deliverable — what the numbers mean, before any spreadsheet.

Needed across Real-Estate Development / Land Advisory / Research, Real-Estate Finance / REIT / PE Research, Planner / Senior Planner — Urban & Regional Planning Consultancy, World Bank / ADB Urban & Infrastructure Roles

This skill is still in review, so checkout is unavailable.

Concepts
13
Selected clips
1h 13m
Employers use it
33

The videos are free

This is what you pay for

Compared → kept
39 → 23
Full videos → selected
3h 55m → 1h 13m
Concepts
13

Course outline

Learn from selected clips, concept by concept

Concept 1

What valuation is, and why two valuers differ

free

Why Can Two Appraisers Value the Same Property Differently? #appraisal #appraisals #appraiser #home

Living in Auburn AL | Laura Sellers, Realtor BHHS · English · beginner

View source ↗
00:0001:36 selected1m 36s

Why this clip: The speaker explains three key reasons why home appraisal values differ between valuers, including timing, appraisal purpose, and selection of comparables.

Caution: Does not include numerical examples or detailed calculation walkthroughs.

Concept 2

Money today vs. money later

locked
Selected range
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Clip retained
2m 03s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 3

The rate you shrink future money by

locked

After: time-value-of-money

Selected range
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Clip retained
5m 04s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 4

Net Present Value

locked

After: discount-rate

Selected range
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Clip retained
5m 16s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 5

IRR and the hurdle rate

locked

After: npv

Selected range
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Clip retained
2m 33s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 6

Payback period, and why it is not enough

locked

After: irr-and-hurdle

Selected range
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Clip retained
54s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 7

Cost of capital and WACC

locked

After: discount-rate

Selected range
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Clip retained
16m 13s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 8

Discounted cash flow valuation

locked

After: npv, cost-of-capital-wacc

Selected range
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Clip retained
2m 21s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 9

Cap rate and yield

locked

After: dcf-valuation

Selected range
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Clip retained
10m 44s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 10

Comparable / market approach

locked

After: what-valuation-is

Selected range
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Clip retained
2m 48s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 11

Cost / depreciated-replacement approach

locked

After: what-valuation-is

Selected range
▮▮:▮▮ → ▮▮:▮▮
Clip retained
8m 31s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 12

Economic vs financial appraisal (EIRR vs FIRR)

locked

After: npv

Selected range
▮▮:▮▮ → ▮▮:▮▮
Clip retained
1m 48s kept
Video review
3 compared

Video title and channel appear once unlocked.

Concept 13

Choosing the right method

locked

After: dcf-valuation, cap-rate-and-yield, comparable-method, cost-method

Selected range
▮▮:▮▮ → ▮▮:▮▮
Clip retained
13m 36s kept
Video review
3 compared

Video title and channel appear once unlocked.

What was rejected

16 candidates did not meet the course criteria.

  • High-level summary that omits detailed methods and explanations for differing valuer estimates.
  • Does not explain why different valuers arrive at different property valuations.
  • covers inflation only, without discounting
  • Does not explain how the discount rate / cost of capital is calculated or determined (e.g., via WACC or risk adjustments).
  • Presents the formula without a worked cash flow
  • Does not explain the hurdle rate or the investment decision rule comparing IRR against a required rate of return.
  • Does not explicitly mention or explain the term Net Present Value (NPV), showing only its mathematical formula briefly on screen.
  • Does not explain the major limitations/weaknesses of payback period, such as ignoring cash flows that occur after the payback point.
  • The video focuses on defining and calculating the payback period for even cash flows, but does not explain why payback period alone is insufficient or detail its major limitations such as ignoring cash flows after payback.
  • Frames DCF purely as equity/stock valuation (EBIT, share price, market cap) with no transferable asset-level logic
  • Frames DCF purely as equity/stock valuation (EBIT, share price, market cap) with no transferable asset-level logic
  • This video focuses on the Land & Building (Cost Approach) method rather than the Comparable Market Approach.
  • Provides a qualitative explanation with a car insurance analogy but lacks numerical calculations or specific real estate breakdown of land value plus rebuild cost.
  • The video focuses specifically on shadow pricing rather than explicitly contrasting economic appraisal (EIRR) with financial appraisal (FIRR).
  • The video focuses primarily on corporate shadow price definitions rather than contrasting economic and financial project appraisal.
  • Lists the methods without any guidance on selection

Where this skill is used

Real-Estate Development / Land Advisory / Research

Working for developers, land/real-estate advisory firms (JLL, CBRE, Knight Frank, Anarock) and in-house development teams on feasibility, market research, land use, and project planning. A natural fit for a planning + real-estate lens. Specialisation tags: Urban, Housing, Infrastructure.

11 mapped employers

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Real-Estate Finance / REIT / PE Research

Real-estate-focused finance and investment research at REITs, PE/RE funds, and bank/NBFC real-estate desks — where a planner's land-use/feasibility lens is an asset alongside finance skills. Direct entry is realistic mainly with deliberate finance up-skilling, CFA/RICS/valuation exposure, or specialized real-estate education. Specialisation tags: Urban, Housing, Infrastructure.

8 mapped employers

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Planner / Senior Planner — Urban & Regional Planning Consultancy

Consultancy work preparing master plans, development plans, town-planning schemes, and area development for government clients and authorities — from boutique planning houses to large multidisciplinary consultancies (incl. L&T and the planning divisions of global engineering firms). The default private destination; campus-recruited. Specialisation tags: Urban, Regional, Urban Design.

10 mapped employers

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World Bank / ADB Urban & Infrastructure Roles

Urban, transport, and infrastructure work at the multilateral banks — project preparation, technical assistance, and analytics, usually entered via consultant/STC contracts or (rarely, very competitively) the Young Professionals Program. Specialisation tags: Urban, Infrastructure, Transport.

9 mapped employers

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