F1. Real Estate – How Real Estate Can Grow In Value



Specific Expectations

By the end of the program, students will:


Real Estate Concepts

F1.3 Teach children about factors that can lead to the appreciation of real estate, such as development in the area, infrastructure improvements, and economic growth.

Teacher supports:

  • Use real-world examples to illustrate how development, infrastructure improvements, and economic growth can positively impact real estate values.
  • Integrate scenarios in the Monopoly Game program to demonstrate how property values can increase when players invest in houses and hotels.

Examples:

  • Development:
    • New businesses or attractions in the area can enhance property values.
    • Residential and commercial developments contribute to increased demand.
  • Infrastructure Improvements:
    • Upgrades to transportation (roads, public transit) can make an area more accessible and desirable.
    • Improved utilities and services enhance the overall appeal of a location.
  • Economic Growth:
    • A thriving local economy often correlates with rising real estate values.
    • Job opportunities and income growth can drive demand for housing and commercial spaces.

Key concepts:

  • Real estate values are influenced by external factors, including development, infrastructure, and economic conditions.
  • Investing in properties by adding houses and hotels in strategic locations can lead to the growth of their value.

Note:

Understanding how real estate values grow is a fundamental aspect of the Monopoly Game program, where students will simulate investment decisions and experience the impact of various factors on property appreciation.

Sample tasks:

  • Present case studies or examples showcasing how real estate values have grown due to development, infrastructure improvements, or economic growth.
  • In the Monopoly Game, guide students through scenarios where they must strategically invest in properties to maximize value growth. Discuss the outcomes and relate them to real-world factors that influence property appreciation.

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