Principles of Valuation
Estates Gazette – 2009 – 288 pages
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:
1. Property Ownership 2. Concepts of Value 3. The Role of the Valuer 4. Property Inspection 5. Property Markets and Economics 6. Residential Property Prices and the Economy 7. Commercial and Industrial Property 8. Methods of Valuation 9. The Comparison Method 10. The Profits Method 11. The Residual Method 12. The Contractors Method 13. The Investment Method 14. Conventional Freehold Investment Valuations 15. Conventional Leasehold Investment Valuations 16. Discounted Cash Flow 17. Contemporary Growth Explicit Methods of Valuation 18. Principles of Property Investment
John Armatys, Sheffield Hallam University, UK