Property Investment Appraisal

Property Investment Appraisal

Discover an insightful examination of the property investment appraisal process from leaders in the industry This book explains the process of property investment appraisal: the process of estimating both the most likely selling price (market value) and the worth of property investments to individuals or groups of investors (investment value). Valuations are important. They are used as a surrogate for transactions in the measurement of investment performance and they influence investors and other market operators when transacting property. Valuations need to be trusted by their clients and valuers need to produce rational and objective solutions. Appraisals of worth are even more important, as they help to determine the prices that should be paid for assets, even in times of crisis, and they can indicate market under- or over-pricing. In a style that makes the theory as well as the practice of valuation accessible to students and practitioners, the authors provide a valuable critique of conventional valuation methods and argue for the adoption of more contemporary cash-flow methods. They explain how such valuation models are constructed and give useful examples throughout. They also show how these contemporary cash-flow methods connect market valuations with rational appraisals. The UK property investment market has been through periods of both boom and bust since the first edition of this text was produced in 1988. As a result, the book includes examples generated by vastly different market states. Complex reversions, over-rented properties and leaseholds are all fully examined by the authors. This Fourth Edition includes new material throughout, including brand new chapters on development appraisals and bank lending valuations, heavily revised sections on discounted cash flow models with extended examples, and on the measurement and analysis of risk at an individual property asset level. The heart of the book remains the critical examination of market valuation models, which no other book addresses in such detail.

GET EBOOK

Author
Publisher John Wiley & Sons
Release Date
ISBN 1118399544
Pages 320 pages
Rating 4/5 (45 users)

More Books:

Property Investment Appraisal
Language: en
Pages: 320
Authors: Andrew E. Baum
Categories: Business & Economics
Type: BOOK - Published: 2021-01-06 - Publisher: John Wiley & Sons

Discover an insightful examination of the property investment appraisal process from leaders in the industry This book explains the process of property investme
Property Investment Appraisal
Language: en
Pages: 304
Authors: Andrew Baum
Categories: Business & Economics
Type: BOOK - Published: 1995 - Publisher: Cengage Learning Emea

This new edition brings property investment appraisal right up-to-date with an assessment of the effects of the recession on property investment and valuation.
The Valuation of Property Investments
Language: en
Pages: 232
Authors: Nigel Enever
Categories: Business & Economics
Type: BOOK - Published: 2014-11-13 - Publisher: Taylor & Francis

The credit crunch has highlighted the fact that fully understanding property appraisal and valuation is more critical than ever. With a long and reliable histor
Real Estate Investment Appraisal and Investment Analysis
Language: en
Pages: 166
Authors: Markos Belayhun
Categories: Business & Economics
Type: BOOK - Published: 2022-01-28 - Publisher: GRIN Verlag

Document from the year 2020 in the subject Economics - Finance, grade: A, , course: property investemnt apprisal and analysis, language: English, abstract: This
Property Investment Theory
Language: en
Pages: 180
Authors: A. Macleary
Categories: Business & Economics
Type: BOOK - Published: 2003-09-02 - Publisher: Taylor & Francis

This up-to-date reference on property investment highlights the problems with existing techniques of property valuation and appraisal and identifies possible wa
Property Investment
Language: en
Pages: 304
Authors: Martin Hoesli
Categories: Technology & Engineering
Type: BOOK - Published: 2014-01-09 - Publisher: Routledge

Property investment markets and applied property research are now recognised as an increasingly important international phenomenon. Written by two of the most r
Property Investment
Language: en
Pages: 328
Authors: David Isaac
Categories: Business & Economics
Type: BOOK - Published: 2011-06-19 - Publisher: Bloomsbury Publishing

This textbook brings together three important aspects of property investment - strategies for investment, markets and appraisal - and explains many difficult co
The Income Approach to Property Valuation
Language: en
Pages: 334
Authors: Andrew Baum
Categories: Architecture
Type: BOOK - Published: 2013-05-13 - Publisher: Taylor & Francis

The second edition of this comprehensive textbook is intended for both students and practitioners. It covers the changes in rating law, valuation and how the pr
Cash-Flow Appraisal for Property Investment
Language: en
Pages: 176
Authors: Will Fraser
Categories: Business & Economics
Type: BOOK - Published: 2004-02-02 - Publisher: Red Globe Press

Discounted cash flow (DCF) is the indispensable technique for the appraisal of property for investment decision-making. As an integral part of modern financial
Property Investment Appraisal
Language: en
Pages:
Authors: A. T. Adams
Categories:
Type: BOOK - Published: 2004 - Publisher: