[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-41102-en":3,"doc-seo-41102-105":29,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},41102,13056703020460,"Valentina","https://ap-avatar.wpscdn.com/avatar/be000253dac470eee5d?_k=1778207105932848923",8,"Research & Report","Property Valuation Principles 2nd Edition","Property Valuation Principles (2nd edition) presents a structured, practice-oriented overview of how real estate is assessed and valued. It introduces core property-market concepts, explains the valuer’s role, and compares major valuation approaches including the comparison method, profits method, contractor’s method (DRC), residual method, and the investment method. The text also addresses valuation bases, market volatility, legal and financing considerations, valuation accuracy and negligence, and self-assessment questions for applied learning.","Property Valuation Principles  \nBy the same authors  \nProperty Development Appraisal and Finance (D. Isaac, J. O’Leary and M. Daley) Property Investment (D. Isaac and J. O’Leary)  \nProperty Finance (D. Isaac)  \nProperty Valuation Techniques (D. Isaac and T. Steley)  \nThe Valuation of Property Investments (N. Enever, D. Isaac and M. Daley) Urban Economics: A Global Perspective (P. N. Balchin, D. Isaac and J. Chen)  \nProperty Valuation Principles  \n2nd edition  \nDavid Isaac  \nProfessor of Real Estate Management, School of Architecture, Design and Construction, University of Greenwich  \nJohn O’Leary  \nSenior Lecturer, School of Architecture, Design and Construction, University of Greenwich  \n© David Isaac 2001, 2012 and John O’Leary 2012, under exclusive licence to Springer Nature Limited 2019  \nAll rights reserved. No reproduction, copy or transmission of this publication may be made without written permission.  \nNo portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6–10 Kirby Street, London EC1N 8TS.  \nAny person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988.  \nFirst published 2012 by RED GLOBE PRESS  \nRed Globe Press in the UK is an imprint of Springer Nature Limited, registered in England, company number 785998, of 4 Crinan Street, London, N1 9XW.  \nRed Globe Press® is a registered trademark in the United States, the United Kingdom, Europe and other countries.  \nISBN 978–0–230–35580–4  \nThis book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental regulations of the country of origin.  \nA catalogue record for this book is available from the British Library.  \nA catalog record for this book is available from the Library of Congress.  \nTo Martin, brothers don’t come any better.  \nContents  \nPreface to the First Edition xi  \nPreface to the Second Edition xiii  \nAcknowledgements xiv  \nList of abbreviations xv  \n1 Introduction 1  \n1.1 Introduction 2  \n1.2 Current issues and dilemmas for property valuation 2  \n1.3 The structure of the book 5  \n1.4 Summary 7  \nReferences 7  \n2 The property market 8  \n2.1 Introduction 9  \n2.2 Theory and the property market 10  \n2.3 Owner-occupier and investment markets 11  \n2.4 Property as an investment 13  \n2.5 Property and investment portfolios 16  \n2.6 Factors affecting property values 17  \n2.7 The legal dimension 19  \n2.8 Sources of finance 21  \n2.9 Lending criteria 23  \n2.10 The specialized nature of valuation work 25  \n2.11 Summary 27  \nReferences 27  \nSelf-assessment questions 28  \n3 The role of the valuer 29  \n3.1 Introduction 30  \n3.2 Types of valuation 31  \n3.3 The Red Book and valuation bases 33  \n3.4 Valuer qualifications and registration 37  \n3.5 Market volatility 38  \n3.6 Valuation accuracy and negligence 41  \n3.7 Valuation tables and formulas 44  \n3.8 Summary 51  \nReferences 53  \nSelf-assessment questions 53  \n4 The comparison method of valuation 54  \n4.1 Introduction 55  \n4.2 Observations on the comparison method 55  \n4.3 Comparison and residential sales values 56  \n4.4 Comparison and commercial property rental values 58  \n4.5 Zoning of shops 61  \n4.6 Comparison and commercial property capital values 63  \n4.7 Comparison and development land 65  \n4.8 Summary 66  \nReferences 67  \nSelf-assessment questions 67  \n5 The profits method of valuation 68  \n5.1 Introduction 69  \n5.2 Principles, definitions and assumptions 69  \n5.3 Maintaining the wider perspective 72  \n5.4 Illustrating th","cbCaisUeXSPCFpVC","https://ap.wps.com/l/cbCaisUeXSPCFpVC","pdf",474479,1,25,"English","en",105,"# Contents\n## Preface and preliminary material\n## Introduction\n## The property market\n## The role of the valuer\n## The comparison method of valuation\n## The profits method of valuation\n## The contractor’s method of valuation\n## The residual method of valuation\n## The investment method – traditional approach","[{\"question\":\"What valuation methods are covered in Property Valuation Principles?\",\"answer\":\"The book covers the comparison method, profits method, contractor’s method (DRC), residual method, and the investment method using a traditional approach.\"},{\"question\":\"How does the book address the role and responsibilities of a valuer?\",\"answer\":\"It explains types of valuation, valuation bases such as the Red Book, valuer qualifications and registration, and discusses valuation accuracy and 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