Why surveyors haven't got a clue
Rouse, J
Why surveyors haven't got a clue - 2000 - Building 265(8163) 24 November 2000, 36-39(4) .
Looks at the growth of UK corporate architecture, and argues that traditional valuation methods are unable to accurately measure design value. Defines design value as ranging from financial benefits, such as extra capacity or running-cost savings, to qualitative factors such as better working conditions and potential higher sales. BA, Lloyd's Register and Capital One have tried to attach numerical value to these types of benefits, but have found the traditional market valuation method limiting when applied to owner-occupied buildings. Outlines three alternative valuation methods - contingent valuation, analytic hierarchy process, fuzzy logic - and concludes that surveyors need to work with the business community to develop effective ways of measuring design values.
ARCHITECTURAL VALUE
OFFICE BUILDINGS
CORPORATE REAL ESTATE
DESIGN VALUE
VALUATION METHODS
MARKET VALUE
FUZZY LOGIC
CONTINGENT VALUATION
ANALYTIC HIERARCHY PROCESS
Why surveyors haven't got a clue - 2000 - Building 265(8163) 24 November 2000, 36-39(4) .
Looks at the growth of UK corporate architecture, and argues that traditional valuation methods are unable to accurately measure design value. Defines design value as ranging from financial benefits, such as extra capacity or running-cost savings, to qualitative factors such as better working conditions and potential higher sales. BA, Lloyd's Register and Capital One have tried to attach numerical value to these types of benefits, but have found the traditional market valuation method limiting when applied to owner-occupied buildings. Outlines three alternative valuation methods - contingent valuation, analytic hierarchy process, fuzzy logic - and concludes that surveyors need to work with the business community to develop effective ways of measuring design values.
ARCHITECTURAL VALUE
OFFICE BUILDINGS
CORPORATE REAL ESTATE
DESIGN VALUE
VALUATION METHODS
MARKET VALUE
FUZZY LOGIC
CONTINGENT VALUATION
ANALYTIC HIERARCHY PROCESS