The Income Approach to Property Valuation

This classic text has been updated to meet the needs of today's students. It has been revised in line with the 2011 7th edition of the RICS Valuation Standards and covers the latest valuation techniques including the important area of investment appraisals. It will help readers understand the complex world of property valuation, in particular: . How to analyse market rents and sales prices to derive market evidence to support an opinion of market value . The investment method of valuation and how it's applied in practice . How specific legal factors can impact on market value when they interfe. Read more... Cover Image; Table of Contents; Front Matter; Copyright; Preface to Sixth edition; Acknowledgements; Chapter 1. Introduction and Quick Start to the Income Approach; Chapter 2. Financial Mathematics for Valuers; Chapter 3. Discounted Cash Flow; Chapter 4. Basic Principles; Chapter 5. The Income Approach: Freeholds; Chapter 6. The Income Approach; Chapter 7. The Income Approach; Chapter 8. Landlord and Tenant; Chapter 9. The Effects of Legislation; Chapter 10. Development Opportunities; Chapter 11. The Profits Method of Valuation; Chapter 12. Investment Analysis. Appendix A. Leaseholds: Dual rateAppendix B. Illustrative Investment Property Purchase Report; Appendix C. Illustrative Development Site Appraisal Report; Appendix D. Solutions to Questions Set in the Text; Further Reading and Bibliography; Index