The third edition of Property Valuation: The Five Methods introduces students to the fundamental principles of property valuation theory by means of clear explanation and worked examples. An ideal text for those new to the subject, the book provides 1st year undergraduate students with a working knowledge and understanding of the five methods of valuation and the ways in which they are interlinked.
In this fully revised edition, the new author team have:
These revisions are all written in the concise and accessible style which has made previous editions of the book so successful. The new edition of this textbook will be essential reading for undergraduates on all property, real estate, planning and built environment courses.
1. The property market in context 2.Professional Valuation Practice 3. Valuation formulae 4. The comparative method 5. The investment method – traditional approaches 6. The investment method –discounted cash flow approaches 7. The residual method 8. The profits method – financial data 9. The profits method – valuation 10. Cost-based methods