000			01819cam a2200277 4500
001			ABS67113
008			030912n2003 000 0 eng u
035			_a(Sirsi) u123581
100			_aPagourtzi, E.
245			_aReal estate appraisal: a review of valuation methods
260			_c2003
490			_aJournal of Property Investment and Finance _v21(4) 2003, 383-401(19)
520			_aThe valuation of real estate is a central tenet for all businesses. Land and property are factors of production and, as with any other asset, the value of the land flows from the use to which it is put, and that in turn is dependent upon the demand (and supply) for the product that is produced. Valuation, in its simplest form is the determination of the amount for which the property will transact on a particular date. However, there is a wide range of purposes for which valuations are required. These range from valuations for purchase and sale, transfer, tax assessment, expropriation, inheritance or estate settlement, investment and financing. The objective of the paper is to provide a brief overview of the methods used in real estate valuation. Valuation methods can be grouped as traditional and advanced. The traditional methods are regression models, comparable, cost, income, profit and contractor's method. The advanced methods are ANNs, hedonic pricing method, spatial analysis methods, fuzzy logic and ARIMA models. (Taken from journal headnote).
590			_aABS
650			_aMARKET SURVEYS
650			_aFORECASTING
650			_aESTIMATION
650			_aASSETS VALUATION
650			_aVALUATION METHODS
650			_aREAL ESTATE
690			_aPROPERTY-PROPERTY APPRAISAL AND VALUATION
700			_aAssimakopoulos, V.
700			_aHatzichristos, T.
700			_aFrench, N.
942			_n0
999			_c73399 _d73399