An entry level introduction to valuation methodology, this book gives a straightforward narrative treatment to the subject matter with a multitude of examples and illustrations, contained in an easy to read format.
There is a strong emphasis on the practical aspects of valuation, as well as on the principles and application of the full range of valuation methods. This book will serve as an important text for students new to the topic and experienced practitioners alike. Topics covered include:
property ownership
concepts of value
the role of the valuer
property inspection
property markets and economics
residential property prices and the economy
commercial and industrial property
methods of valuation
conventional freehold investment valuations
conventional leasehold investment valuations
discounted cash flow
contemporary growth explicit methods of valuation
principles of property investment.