Valuations and their importance for real estate investments

Authored by: Neil Crosby , Norman Hutchison , Kenneth Lusht , Shi Ming Yu

Routledge Companion to Real Estate Investment

Print publication date:  November  2018
Online publication date:  November  2018

Print ISBN: 9781138020788
eBook ISBN: 9781315775579
Adobe ISBN:

10.1201/9781315775579-8

 Download Chapter

 

Abstract

This chapter considers the need for valuations and outlines the growth of the valuation profession over the past 150 years across the world. Background market information is provided on selected markets and valuation standards are discussed and definitions provided. Valuation methodologies are then explained, together with reporting requirements, and the chapter concludes with an overview of market practice. Throughout, the terms ‘valuation’ and ‘appraisal’ are used interchangeably. For consistency, valuation will be used unless the term appraisal forms part of the official name of an organisation, standards or qualifications, which is particularly the case in the US and China.

 Cite
Search for more...
Back to top

Use of cookies on this website

We are using cookies to provide statistics that help us give you the best experience of our site. You can find out more in our Privacy Policy. By continuing to use the site you are agreeing to our use of cookies.