Property Valuation Techniques
Description
The third edition of this popular textbook offers a comprehensive and student-friendly exploration of the application of property valuation and appraisal techniques. Thoroughly revised and re-structured, it covers topics including risk, residential lease extensions, enfranchisement and cash flows. The text explain the theory concisely but at the same time seeks to show the application of different techniques in the contexts which are often encountered in practice.
Detailed yet accessible, Property Valuation Techniques is ideal reading both for second and third year undergraduates; for postgraduates, both those new to the subject and those looking to extend their knowledge; and for practitioners who are not valuers but require some familiarity with the vocabulary, principles and application of the valuation toolkit or who are looking to refresh and develop their understanding of property valuation.
Reviews / Votes
'A comprehensive and insightful text which offers a strong explanation of all aspects of valuation theory supported by coherent and practical valuation examples. An essential read for all property valuation students but also provides indispensable background reading for practitioners and property advisors alike.' - Louise Kirsten, Programme Manager in Real Estate Management, Liverpool John Moores University, UKMore details
Other editions
Additional editions
Previous edition
Persons
John O'Leary is Lecturer at the University of Greenwich School of Architecture and Construction, UK. He is a Chartered Surveyor and worked as a planning consultant for architectural practices prior to becoming a Lecturer.
Content
1. Introduction .- 2. Traditional Method of Investment Valuation.- 3. Discounted Cash Flow.- 4. Interest Rates and Yields.- 5. Equated Yields.- 6. Hardcore Method.- 7. Equivalent Yields.- 8. Equated Rents.- 9. Rent Payments.- 10. Taxation.- 11. Risk.- 12. Problems of Leasehold Valuation.- 13. Contemporary Methods of Valuation.- 14. Development Valuations and the Cash Flow Approach.- 15. Computer Models and the Use of Spreadsheets.- 16. Financial Appraisal Techniques.- 17. New Directions.