The Income Approach to Property Valuation 6th Edition

This classic text has been updated to meet the needs of todays students. It has been revised in line with the 2011 7th edition of the RICS Valuation Standards and covers the latest valuation techniques including the important area of investment appraisals. It will help readers understand the complex world of property valuation, in particular:

How to analyse market rents and sales prices to derive market evidence to support an opinion of market value
The investment method of valuation and how its applied in practice
How specific legal factors can impact on market value when they interfere with market forces
What the market and the profession may consider to be the right methodology in todays market place.
How to use spreadsheets in valuation

This new edition places a particular emphasis on investment valuations and the impact of landlord and tenant relationships on value.  The text has always been well regarded for its clear explanations of the maths behind valuations, and practical examples are provided to illustrate the valuation techniques used today for property investments, property developments and properties valued by reference to their business profits.