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Thiscomprehensive introduction to the concepts and methods of valuing real estate provides information for students to progress successfullyfrom basic principles to a more sophisticated understanding of the subject. The book takes apractical rather than purely theoretical approach anddemonstrates how the principles can be applied in professional...
Thiscomprehensive introduction to the concepts and methods of valuing real estate provides information for students to progress successfullyfrom basic principles to a more sophisticated understanding of the subject. The book takes apractical rather than purely theoretical approach anddemonstrates how the principles can be applied in professional practice with constant reference to the requirements of, and guidance provided by the Royal Institution of Chartered Surveyors. The traditionalfive methods of valuation are briefly explained but concentrationis on the practical application of the two main approaches; the comparison and investment methods. The alternativemethod of valuation of discounted cash flow,an areawhich has been neglected in other texts, is also covered. Further reading is given, along with a full range of worked examples, clear chapter summaries and further questions. Website companion materialis alsoavailable.
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