The third edition of
Property Valuation: The Five Methods
introduces students to the fundamental principles of property valuation theory by means of clear explanation and worked examples. An ideal text for those new to the subject, the book provides 1
st
year undergraduate students with a working knowledge and understanding of the five methods of valuation and the ways in which they are interlinked.
In this fully revised edition, the new author team have:
restructured the chapters to ensure a more logical order
outlined the economic theory of value and the rules and constraints under which a valuer works
provided detailed consideration of each of the five recognised approaches
placed a larger emphasis on the Discounted Cash Flow approach
These revisions are all written in the concise and accessible style which has made previous editions of the book so successful. The new edition of this textbook will be essential reading for undergraduates on all property, real estate, planning and built environment courses.