Development Valuation Techniques

Abstract

Investigates the methods and techniques by which development companies and their advisers value land and projects for development and redevelopment. Comments on the effect of the methodology on residential and commercial land prices in the property market. Concludes that the fault with appraisal techniques lies more with the input of inaccurate information and lack of objectivity rather than the actual technique used.

Citation

Marshall, P. and Kennedy, C. (1993), "Development Valuation Techniques", Journal of Property Valuation and Investment, Vol. 11 No. 1, pp. 57-66. https://doi.org/10.1108/14635789310031423