Journal of Valuation: Volume 2 Issue 1

THE DEPRECIATION OF BUILDINGS

NORMAN BOWIE

A sustained period of inflation followed by a deep recession, in which demand for space has slumped, has really brought home to property owners the fact that buildings do…

THE SINGLE RATE VALUATION OF LEASEHOLDS

MICHAEL COLAM

The lines ‘… he plays by intuition …he plays by sense of smell …’ are probably an exaggeration when applied to the game of pinball, but they are surely a very important part of…

CHANGING EMPHASIS IN APPRAISAL TECHNIQUES: THE TRANSITION TO DISCOUNTED CASHFLOW

PETER KORPACZ, MARK ROTH

The marketplace has never been as dynamic as it is today. In real estate, many factors are affecting the validity and usefulness of traditional valuation techniques. Rent levels…

WHITHER THE WILLING BUYER

JOHN RATCLIFFE

Over the last eight or nine years something closely akin to a revolution has taken place in the production of standards and guidelines intended both to assist the surveyor in day…

THE INVESTMENT METHOD OF VALUATION: A REAL VALUE APPROACH: 2

NEIL CROSBY

It is important to question the suggestion that there is no distinction between inflation and growth. An illustration of the applications will show that the hybrid between the…