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Golf courses - valuation and evaluation

By: Language: English Series: Appraisal Journal ; January 1991, 38-47(10)Publication details: 1991Subject(s): Summary: 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.

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.