International Methods Of Property Valuation PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download International Methods Of Property Valuation PDF full book. Access full book title International Methods Of Property Valuation.

International Methods of Property Valuation

International Methods of Property Valuation
Author: Tabea Söllner
Publisher:
Total Pages: 52
Release: 2009
Genre:
ISBN: 9783640287925

Download International Methods of Property Valuation Book in PDF, ePub and Kindle

Seminar paper from the year 2007 in the subject Business economics - Miscellaneous, grade: 2,7, Nürtingen University, course: Real Estate Management, 15 entries in the bibliography, language: English, abstract: The international globalization in the real estate business started much later than in other businesses. Historic grown specifics, topographic and cultural differences as well as judicial, fiscal, and political basic conditions, which do not have an international standardization are reasons for this reserve. But today many real estate companies and investors act worldwide, so that the real estate business and so the property valuation too cannot longer be seen as a national issue only. Germany has an attractive real estate market for foreign investors because of its steady currency, appealing lease contract structures and a rent growth potential. In recent years foreign investors have increased their presence in the real estate business in Germany and so there is a rising demand for property valuations using international methods. The conventional national German systems of valuation are inadequately. A standardization of valuation methods or at least comparable national valuation methods is an essential condition for foreign institutional investors. Standardized methods are necessary to ensure the transparency for all participants in the real estate market. The purpose of this paper is to point out established international property valuation methods. At first I will describe the important terms and definitions which are used for valuation methods, followed by an explanation why and when a property valuation will be necessary. I will also show you several valuation standards which have developed and I will deliver an insight of different international property valuation methods with short simplified example which shall clarify each particular procedure.


Mass Appraisal Methods

Mass Appraisal Methods
Author: Tom Kauko
Publisher: John Wiley & Sons
Total Pages: 360
Release: 2009-01-28
Genre: Business & Economics
ISBN: 9781444301038

Download Mass Appraisal Methods Book in PDF, ePub and Kindle

This book takes a cross-disciplinary and cross-cultural look atmass appraisal expertise for property valuation in different marketconditions, and offers some cutting- edge approaches. The editors establish an international platform and present thescientific debate as well as practical feasibility considerations.Heretic and orthodox valuation methods are assessed based onspecific criteria, partly technical and partly institutional.Methodological evaluation is approached using two types ofcriteria: operational concerns about how to determine propertyvalue differentials between spatial and functional units of realestate in a valid and reliable way (technical criteria); and thekind of market circumstances being operated in (institutionalcriteria). While technical criteria are relatively well-researched,there is little theoretically informed work on the connectionbetween country context and selection of property appraisalmethods. The book starts with an examination of current mass propertyappraisal practices, presenting case studies from widely differingmarkets - from the American and Dutch, where regression-basedmethods have been used successfully for some time; to the EasternEuropean and other emerging economies, where limitations have to becompensated by focusing on the modelling assumptions. The second part of the book looks at sophisticated modellingapproaches, some of which represent combinations of elements fromtwo or more techniques. Whatever the exact modelling approach, therequirements are always high for the quality of the data andsuitability of the method. In the final section, methods areevaluated and compared according to technical criteria and againstinstitutional contexts.With its exceptionally wide coverage ofvaluation issues, Mass Appraisal Methods: an internationalperspective for property valuers addresses property valuationproblems common to different countries and approaches applicable inboth developed and emerging economies.


International Valuation Standards

International Valuation Standards
Author: David Parker
Publisher: John Wiley & Sons
Total Pages: 274
Release: 2016-08-01
Genre: Business & Economics
ISBN: 1118329368

Download International Valuation Standards Book in PDF, ePub and Kindle

International Valuation Standards: a guide to the valuation of real property assets is an essential road map to using the new International Valuation Standards in everyday practice for real estate assets, explains their content, application and operation. It shows how to value assets including property, plant and equipment and is written in an explanatory style using commonly understood business English with as little jargon as possible. It takes a thematic format, focusing on the application of IVSs to investment property and owner-occupied property with the author addressing valuation instruction, operation and reporting under IVSs.


The valuation of Real Estate in Germany

The valuation of Real Estate in Germany
Author: Stefan Hocke
Publisher: GRIN Verlag
Total Pages: 103
Release: 2006-04-06
Genre: Business & Economics
ISBN: 3638486915

Download The valuation of Real Estate in Germany Book in PDF, ePub and Kindle

Diploma Thesis from the year 2006 in the subject Business economics - Investment and Finance, grade: 1,0, Heilbronn University of Applied Sciences, language: English, abstract: Real estate is one of the most important assets. This is expressed in Germany’s national accounts where net construction assets are 86% of total net fixed assets.1In addition the usage of real estate belongs to the basic needs of people. Consequently the disposition of real estate regarding construction and acquisition contributes strongly to economical development of net stock of fixed assets within a national economy. However, in the valuation of property particular difficulties appear that complicate rational capital disposition. Basically, property valuation methods are difficult to apply or even fail in respect of rental income forecasts, assessment of risk and market orientation. Other influential factors originate from the heterogeneous character of properties and the complex structure of real estate markets. This work aims for the examination of codified and international property valuation methods in terms of their theoretical structure, practical application and critical aspects that influence a precise property valuation. In the following, principles regarding property valuation are introduced. This is followed by a detailed description of codified and international valuation methods. Subsequently all methods are applied on a real world valuation example that illustrates the methods and their applicability. Afterwards some decisive valuation methods are critically reviewed regarding their methodology, applicability and marketability. In summary the reader is given a classification in form of a matrix that is based on the aforementioned criteria. Further, some favourable components are identified that are complemented with recommendations for the use in practice.


An Introduction to Property Valuation

An Introduction to Property Valuation
Author: Alan Millington
Publisher: Taylor & Francis
Total Pages: 288
Release: 2013-11-05
Genre: Technology & Engineering
ISBN: 1135321868

Download An Introduction to Property Valuation Book in PDF, ePub and Kindle

It is now 25 years since the first edition of this book was written, and the objectives of the fifth edition remain the same as those of the first edition, that is to provide "an introduction to and general background reading for the subject of property valuation". It is directed not just at would be surveyors and valuers, but at all those who may be interested in getting an understanding of property valuation.


Property Valuation

Property Valuation
Author: D. Scarrett
Publisher: Taylor & Francis
Total Pages: 241
Release: 2002-09-26
Genre: Business & Economics
ISBN: 1135921008

Download Property Valuation Book in PDF, ePub and Kindle

An introductory, first year text on property valuation with a clear, well-defined structure based around the five valuation methods.


Property Valuation

Property Valuation
Author: Peter Wyatt
Publisher: John Wiley & Sons
Total Pages: 455
Release: 2013-05-13
Genre: Business & Economics
ISBN: 1118624688

Download Property Valuation Book in PDF, ePub and Kindle

This new edition of the ‘all in one' textbook for the postgraduate study of valuation on real estate courses retains its focus on the valuation and appraisal of commercial and industrial property across investment, development and occupier markets. It is structured from the client perspective and covers single-asset pricing, risk and return issues. The structure of the book has been substantially revised. Part A introduces the key microeconomic principles, focussing on land as a resource, production functions, supply and demand and price determination. The locational aspect of real estate is also introduced. Macroeconomic considerations are categorised by the main market sectors (and their function); the market for land (development), for space (occupation) and for money (investment). The economic context is set and the author then explains why property valuations are required and discusses the main determinants of value and how they might be identified. The mathematics required to financially quantify value determinants are also introduced. Part B of the book describes the methods of valuation; Part C applies these methods to the valuation of a range of property types for a wide variety of purposes; and Part D covers investment and development appraisal. The author introduces valuation activities from a broad economic perspective, setting valuation in its business finance context and combining its academic and practical roots. Changes in this second edition include: less daunting economics expanded companion website with PowerPoint slides for lecturers, self-test Questions & Answers for students: see www.wiley.com/go/wyattpropertyvaluation up-to-date case studies and sample valuations reference to the newly-published Red Book (the valuer’s bible) Property Valuation with its user-friendly format, using tried-and-tested teaching and learning devices and a clear writing style, remains the core text for students on real estate, estate management and land economy degree courses, as well as for fast-track conversion courses for non-cognate graduates.


The Income Approach to Property Valuation

The Income Approach to Property Valuation
Author: Andrew Baum
Publisher: Routledge
Total Pages: 384
Release: 2017-12-22
Genre: Business & Economics
ISBN: 1317266994

Download The Income Approach to Property Valuation Book in PDF, ePub and Kindle

A classic textbook that has guided generations of students through the intricacies of property valuation, The Income Approach to Property Valuation remains a keen favourite amongst students and teachers alike. This new edition has been thoroughly revised and updated to meet the increasingly international perspectives of modern Real Estate students. The links between theory and practice are clearly demonstrated throughout, with a range of new international case studies and practice-based examples. The Income Approach to Property Valuation teaches readers: 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 is applied in practice; how specific legal factors can impact on market value when they interfere with market forces; what the market and the profession may consider to be the 'right' methodology in today's market place; and how to use spreadsheets in valuation. This extensively revised new edition is perfect both for students on Real Estate courses worldwide and for professional candidates working towards their final assessment of professional competence (APC) for the Royal Institution of Chartered Surveyors, needing to demonstrate a valuation competence at levels 2 and 3.


European Valuation Practice

European Valuation Practice
Author: A. Adair
Publisher: Taylor & Francis
Total Pages: 356
Release: 2013-03-07
Genre: Architecture
ISBN: 1135821186

Download European Valuation Practice Book in PDF, ePub and Kindle

The variability of valuation practice within Europe is perceived as a problem within the globalization of property. This edited textbook examines the practice of real estate valuation in selected countries in Europe. The focus is on countries with well developed real estate markets in which both international and indigenous investors are active. The book is aimed at real estate professionals, financiers, institutional advisers, property researchers and students who require a greater understanding of comparative property appraisal techniques applied across Europe.


Property Valuation and Market Cycle

Property Valuation and Market Cycle
Author: Maurizio d'Amato
Publisher: Springer Nature
Total Pages: 326
Release: 2022-09-28
Genre: Political Science
ISBN: 3031094506

Download Property Valuation and Market Cycle Book in PDF, ePub and Kindle

This book discusses the role of the property market cycle in real estate valuation. Challenging traditional property valuation methods that rely on current market conditions and economic trends, this book argues for a re-evaluation of the relationship between property valuation and cycles in property markets. The book is divided into two parts. The first part gathers research on property market cycle analysis and the delicate problems dealing with property market information including the development of the real estate market index, appraisal bias, and the use of time series in plotting the market cycle. The second part proposes several possible modifications to the traditional income approach methodologies, including cyclical capitalization and the hedonic price method. Furthermore, this part also addresses the need for amendments to current s property valuation standards and institutional regulations. Written by an international cross-section of expert voices in market cycles and property valuation, the book is a comprehensive resource for any researcher or upper-level student studying economic volatility.