Real Estate Market Valuation and Analysis
“A fresh, insightful look at how real estate professionals actually value properties and analyze markets. The focus on different product types as well as market segments are especially useful.”
—Barry Hersh, AICP, Associate Professor of Real Estate and Urban Planning, City University of New York
This in-depth look at the core tools of real estate valuation will show you how to analyze the real estate market and assess the financial feasibility of a project. Many people go with their instincts or past experience when reviewing the financials and fail to utilize the useful data and analytical tools available in this field. Get the analytical data and tools you need to assess the financial feasibility of any project.
What is a property worth, and why?
If you’re a real estate professional or an investor in real estate, answering that question is critical. Real estate market valuation is influenced by a myriad of factors. Analysis is complex, but new data and analytical tools can enhance the process and make it much more scientific. This book covers market valuation and analysis of: single-family homes and condos, multi-unit rental property, retail/commercial real estate, office and industrial properties, lodging and tourism industry properties, and mixed-use real estate. It emphasizes the importance of understanding local trends rather than relying on regional or national research. In easy-to-understand language and with great examples, this comprehensive reference:
- Covers the analysis of local economies, the market (supply and demand for a particular type of property), marketability, feasibility, and investment
- Describes the three appraisal methods: cost, market or sales comparison, and income
- Explains how investment features, such as liquidity, leverage, risk, and marketability, affect valuation