Property Valuation Techniques

ISBN-13: 9781137302410 / Angielski / Miękka / 2017 / 264 str.

David Isaac

Opis

Thoroughly revised with a new critical edge, this is the perfect guide for students and practitioners. The authors use a wealth of real-world applications and worked examples to cover traditional and new approaches, and include new material on sustainability, a new chapter on residential leasehold property and more on risk techniques.

Spis treści

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.

O autorze

David Isaac is a Chartered Surveyor and Chartered Builder who came from a background in economics and business studies into the property profession. He has some twenty years of experience in property development, finance and valuation and has project-managed a number of development schemes. For many years now he has been involved in property consultancy, education and research at the University of Greenwich, UK, where he is currently Professor of Real Estate Management, Head of Property and Land Management and Director of Research in the SchooL of Architecture and Construction.

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.

Blurb

The third edition of Property Valuation Techniques 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.

This third edition
- provides more material on sustainability in relation to property value
- uses a wealth of worked examples to apply theory to real-world problems
- includes tips on how to structure appraisals in Excel® spreadsheets
- features self-assessment questions to test and reinforce your understanding

Detailed yet accessible, Property Valuation Techniques is ideal reading both for those students new to the subject and those looking to extend their knowledge, and for practitioners looking to refresh and develop their understanding of property valuation.