Property Valuation Techniques

This handbook is concerned with the application of alternative techniques for property valuation and appraisal. After an initial discussion of new approaches to valuation methods, the authors describe traditional approaches and provide a critique of them. Subsequent chapters are devoted to developing models based on cash flow approaches which can aid the appraisal of property investments. Finance theory and computer technology are applied to the analysis. In this edition, a chapter dealing with contemporary methods of valuation has been added and those on risk, computer models and the use of spreadsheets have been radically extended. An introduction, explaining the aims and purpose, has been added to each chapter, with a summary of key words where appropriate.