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Assessing the value, price and worth of commercial property

By: Language: English Series: Property Review ; July/August 1995, 171-173(3)Publication details: 1995Subject(s): Summary: Taking as a starting point Michael Mallinson`s assertion that valuers do not understand the concepts of value, price and worth, the author concentrates on definitions of value, which includes changes in the new Red Book, and then looks at the meaning of worth and price in connection with value.

Taking as a starting point Michael Mallinson`s assertion that valuers do not understand the concepts of value, price and worth, the author concentrates on definitions of value, which includes changes in the new Red Book, and then looks at the meaning of worth and price in connection with value.