The Income Approach to Property Valuation

by Baum; Nunnington; Mackmin

• ISBN13: 9780728204645
• ISBN10: 0728204649
• Edition: 5th
• Format: Paperback
• Copyright: 2006-09-18
• Publisher: Elsevier Science

Summary

The second edition of this comprehensive textbook is intended for both students and practitioners. It covers the changes in rating law, valuation and how the principles apply in practice. Throughout the book there are many examples illustrating valuation methods for the different types of property a practitioner is likely to deal with. Updates will include: Chapter on Exemptions and Reliefs to reflect the recent/forthcoming changes in legislation Chapter on Council Tax to reflect recent/forthcoming changes in legislation and the proposals for a revaluation of CT in England and Wales in 2006/2007 Chapter on Practice and procedure (appeals regulations, transition etc) New section on the Rating of Utilities New examples on rental analysis and valuation Complete updating of the book to ensure it is current and has regards to changes in approach, values etc. for 2005 Inclusion of even more summaries and key features at the end of each chapter. *Completely updated, this book covers current and forthcoming rating law and valuation in a practical handbook *Includes many examples illustrating valuation methods for different property types *Comprises all you need to know about rating valuation in a clear, concise format

Table of Contents

Valuation mathematics: Single rate tables

Dual rate tables

More advanced concepts

Discounted cash flow

The Income approach: basic concepts

freeholds

leaseholds

taxation and valuation

landlord and tenant valuations

the effects of legislation

development opportunities

the profits method

Investment property: Investment analysis

Table of Contents provided by Publisher. All Rights Reserved.