Real Estate Valuation Theory

Real Estate Valuation Theory is organized around five categories of intellectual contribution to the whole-appraiser decision making and valuation accuracy, application of nontraditional appraisal techniques such as regression and the minimum-variance grid method, appraising contaminated property, a...

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Bibliographic Details
Other Authors: Ko Wang (Editor), Wolverton, Marvin L. (Editor)
Format: eBook
Language:English
Published: New York, NY Springer US 2002, 2002
Edition:1st ed. 2002
Series:Research Issues in Real Estate
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • Section I: Appraiser Decision Making and Valuation Accuracy
  • 1. Behavioral Research into the Real Estate Valuation Process: Progress Toward a Descriptive Model
  • 2. Are Appraisers Statisticians?
  • 3. The Components of Appraisal Accuracy
  • Section II: Regression, Minimum-Variance Grid Method, and Other Valuation Modeling Techniques
  • 4. An Investigation of Property Price Studies
  • 5. Comparison of the Accuracy of the Minimum-Variance Grid Method and the Least Squares Method — a Non-Linear Extension
  • 6. Error Trade-offs in Regression Appraisal Methods
  • 7. Automated Valuation Models
  • 8. A Note on the Hedonic Model Specification for Income Properties
  • 9. Neural Network vs. Hedonic Price Model: Appraisal of High-Density Condominiums
  • Section III: Appraising Contaminated Property
  • 10. Comparative Studies of United States, United Kingdom and New Zealand Appraisal Practice: Valuing Contaminated Commercial Real Estate
  • 11. Hedonic Modeling in Real Estate Appraisal: The Case of Environment Damages Assessment
  • 12. Do Market Perceptions Affect Market Prices? A Case Study of a Remediated Contaminated Site
  • Section IV: Property Tax Assessment
  • 13. Valuation of Land Using Regression Analysis
  • 14. Grid-Adjustment Approach — Modern Appraisal Technique
  • Section V: New Perspectives on Traditional Appraisal Methods
  • 15. The Unit-comparison Cost Approach in Residential Appraisal
  • 16. The Long-run Equilibrium Relationship among Equity Capitalization Rates for Retail, Apartment, Office, and Industrial Real Estate
  • 17. A Fuzzy Discounted Cash Flow Analysis for Real Estate Investment
  • 18. Real Options and Real Estate: A Review and Valuation Illustration