Real estate price evaluation

Author: Wu Qingling
Publisher:
Publish Date: 2004-01-01
Features: The book is divided into eleven chapters. The first four chapters cover the theoretical aspects of real estate price appraisal. It begins with the basic concepts of real estate and enters the field of real estate price appraisal, then delves into exploring the theoretical foundations of real estate price appraisal, the reasons for real estate price formation, the composition and influencing factors of real estate prices, and finally studies the principles, procedures, and management of real estate price appraisal. Chapters five to ten focus on the methods of real estate price appraisal. It first introduces three fundamental methods—market comparison method, income method, and cost approach—detailing their principles, operations, and case studies. Next, it introduces practical methods of real estate price appraisal, such as the development cost method, long-term trend method, and residual valuation method. Finally, it covers land price appraisal methods, including the route value method, benchmark land value correction method, and land area and value allocation method. The last chapter of the book discusses the state of real estate price appraisal in foreign countries and the Hong Kong region of China.