Advanced Issues in Property Valuation. Hans Lind

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      Advanced Issues in Property Valuation

       Hans Lind and Bo Nordlund

      This edition first published 2021

      © 2021 John Wiley & Sons Ltd

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      The right of Hans Lind and Bo Nordlund to be identified as the author of this work has been asserted in accordance with law.

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       Library of Congress Cataloging‐in‐Publication Data

      Names: Lind, H. (Hans), author. | Nordlund, Bo, author.

      Title: Advanced issues in property valuation : a textbook / Hans Lind, Bo Nordlund.

      Description: Hoboken, NJ : Wiley‐Blackwell, 2021.

      Identifiers: LCCN 2021015372 (print) | LCCN 2021015373 (ebook) | ISBN 9781119783367 (paperback) | ISBN 9781119796220 (adobe pdf) | ISBN 9781119796244 (epub)

      Subjects: LCSH: Real property–Valuation.

      Classification: LCC HD1387 .L552 2021 (print) | LCC HD1387 (ebook) | DDC 333.33/2–dc23

      LC record available at https://lccn.loc.gov/2021015372 LC ebook record available at https://lccn.loc.gov/2021015373

      Cover Design: Wiley

      Cover Image: Photographed by MR.ANUJAK JAIMOOK/Getty Images, Brzozowska/E+/Getty Images

      Preface

      As we have been working with issues related property valuation for many years, there is a large number of people who over the years have influenced our thinking and/or been part of projects that produced some of the research that this book is based on. We would especially like to mention Erik Persson, Stellan Lundström and Christina Gustafsson for many discussions on valuation issues. Neil Crosby is also a person that we have discussed many of these issues with over the years.

      Christina Gustafsson should also be thanked for comments on an earlier version and especially the advice to relate the discussion more to documents produced by international organizations like Royal Institute of Chartered Surveyors (RICS) and the International Valuations Standards Council (IVSC). Four anonymous referees should also be thanked for constructive comments on an earlier version.

      Finally, we would like to thank all the people at Wiley that have helped us in a constructive and efficient way.

       Hans LindBo Nordlund

1 Introduction

      1.1 The General Purpose of the Book

There are a number of good basic textbooks on property valuation, e.g. Property Valuation by Peter Wyatt or the Appraisal Institute´s classic book The Appraisal of Real Estate.¹ These books present basic concepts and valuation methods with a focus on what you need