Real Estate Appraisal

By Halbert C. Smith

Book Overview

This book meets the needs of a dynamic profession by presenting the most up-to-date theory, procedures, and techniques. Many examples and exercises are provided to help users learn as efficiently and correctly as possible. REAL ESTATE APPRAISAL, 3E, is applicable in professional licensing and certification as well as in college and university courses. Covering all of the important topics, including statistics, probability analysis, discounted cash flow analysis, and Ellwood sensitivity analysis, this book meets the requirements of the Appraisal Foundation for certification and licensing exams.

• Format: Hardcover
• Language: English
• ISBN: 0324140665
• ISBN13: 9780324140668
• Release Date: August 1994
• Publisher: International Thomson Publishing Services
• Length: 345 Pages
• Weight: 1.95 lbs.
• Dimensions: 0.8" x 8.3" x 11.0"

Customer Reviews

Good British Textbook

The appraisal of commercial real estate properties in Britain has different terminology to that used in the US. This book is written by a group of academics with significant market experience, but from a British perspective. It is a useful text book for US real estate professionals interested in the British commercial real estate market - where the triple net leases can be for 25 years. It explores and explains the different methodologies used in the UK for real estate valuations and Discounted Cash Flow appraisals, and looks at real estate from both a single asset and in a portfolio perspective (with and without leverage). It is worth noting that the book was first published in 2006.