Introducing Property Valuation

This comprehensive introduction to the concepts and methods of valuing real estate provides information for students to progress successsfully from basic principles to a more sophisticated understanding of the subject.The book takes a practical rather than purely theoretical approach and demonstrates how the principles can be applied in professional practice with constant reference to the requirements of, and guidance provided by, the Royal Institution of Chartered Surveyors.The traditional five methods of valuation are briefly explained but concentration is on the practical application of the two main approaches; the comparison and investment methods. The alternative method of valuation of discounted cash flow, an area which has been neglected in other texts, is also covered. Further reading is given, along with a full range of worked examples, clear chapter summaries and further questions. Website companion material is also available.Michael Blackledge is the author of 'Introducing Property Valuation', published 2009 under ISBN 9780415434768 and ISBN 0415434769.