Principles and Methods of Real Estate Price Appraisal

Author: Ge Jingfeng, Editor-in-Chief
Publisher:
Publish Date: 2002-07-01
Features: This book is based on the newly promulgated technical procedures and standards by the Ministry of Land and Resources, incorporating systematic research findings on property valuation from both domestic and international sources. It systematically elaborates on the principles and methods of property valuation. The book is divided into three parts and 14 chapters. Part 1 discusses the fundamental theories and foundations of property valuation, including theories of ground rent and land price, location theory, urban land classification and grading, laying a solid foundation for property price valuation. Part 2 introduces the main and commonly used valuation methods in property price assessment, such as the income capitalization method, market comparison method, cost approach, residual method, and route method. It also provides case analyses for each method, achieving a harmonious integration of theory, methods, and practice. Part 3 explores the land price system and land price management, particularly the establishment of a dynamic monitoring system for land prices, which serves as a guide for understanding land price levels and changes from a dynamic perspective. This book can serve as a reference for property valuation professionals, property management personnel, and scientific workers, as well as a textbook or reference book for university students majoring in land management, real estate economics, geography, economics, and resource utilization.