Principles 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 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.