Principles of Valuation

Gives an entry level introduction to valuation methodology. This work offers a narrative treatment to the subject matter with examples and illustrations, contained in an easy to read format. It emphasises practical aspects such as property inspection. It provides coverage of various important areas of valuation.

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 ownershipconcepts of valuethe role of the valuerproperty inspectionproperty markets and economicsresidential property prices and the economycommercial and industrial propertymethods of valuationconventional freehold investment valuationsconventional leasehold investment valuationsdiscounted cash flowcontemporary growth explicit methods of valuationprinciples of property investment.