Golf courses - valuation and evaluation

Hirsh, L.A.

Golf courses - valuation and evaluation - 1991 - Appraisal Journal January 1991, 38-47(10) .

Defines the difference between valuation and evaluation when appraising a golf course and looks at items which should be taken into consideration. Gives examples using the sales comparison approach , the income capitalisation approach and the cost approach . Concludes that appraisers must have a familiarity with the game and course design in order to make an accurate valuation.


LEISURE
SPORTS
UNITED STATES