Journal of Valuation: Volume 7 Issue 3
Table of contents
Comparables selection and multiple regression in estimating real estate value: an empirical study
R.R. Fraser, F.M. BlackwellDescribes an empirical study of real estate value estimates inMelbourne, Australia, for the purpose of testing to see if computergenerated values are as good as those produced by…
Real estate projects and multiple internal rates of return
Nanda NanthakumaranExamines the problem of multiple solutions in relation to the useof the internal rates of return (IRR) as a decision‐making criterion.Attempts to show that positive multiple IRRs…
The nature and use of uncertainty in property valuation expert systems
Ian Scott, Stuart Gronow, Brian RosserExamines the ability of an expert computer system to evaluateuncertainty within a valuation context and thus emulate the professionalskill of the valuer. Shows that because…
Property returns in a portfolio context
Stephen L. LeeExamines the role of property in a portfolio investment context.Demonstrates that the return an asset is required to achieve depends onthe variability and correlation of returns…
The local government finance act 1988
Roger EmenyProvides a summary of developments in rating law and valuationduring 1989‐90, with particular emphasis on the 1990 revaluation.