Residential Property Appraisal: Volume 1 - Valuation and Law

This book provides a step-by-step guide to completing a survey and valuation on a residential property, covering the basic skills required, the risks involved, key drivers of value, emerging issues, and legal and regulatory considerations. It is essential for students studying to enter the profession and for existing practitioners who wish to improve their knowledge.

\n Format: Paperback / softback
\n Length: 172 pages
\n Publication date: 30 December 2021
\n Publisher: Taylor & Francis Ltd
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This comprehensive guide takes the reader step by step through the process of completing a survey and valuation on a residential property. It addresses the basic skills required for valuation, the risks posed, key drivers of value, emerging issues, and key legal and RICS regulatory considerations.

There is no other book particularly addressed to this target market of residential surveyors appraising and surveying for lending purposes, i.e., for banks/mortgages. This essential guide is for students studying to enter the residential survey and valuation profession and for existing practitioners who wish to improve their knowledge of industry practices.

The book begins by providing an overview of the residential survey and valuation process, including the types of surveys and valuations that are commonly performed. It then delves into the key skills required for valuation, such as market analysis, property valuation, and valuation techniques.

The risks posed by valuation are also discussed in detail, including the impact of market fluctuations, economic downturns, and regulatory changes. The book provides practical guidance on how to mitigate these risks and ensure that valuations are accurate and reliable.

Key drivers of value are explored, including location, condition, and market demand. The book discusses the emerging issues in the residential survey and valuation industry, such as the impact of technology, sustainability, and the changing needs of homeowners.

Key legal and RICS regulatory considerations are also covered in the book, including the requirements for surveyors to be licensed, the standards of practice that they must adhere to, and the penalties for non-compliance.

Throughout the book, real-world examples and case studies are used to illustrate the key concepts and principles discussed. These examples help to bring the theory to life and provide the reader with a practical understanding of the challenges and opportunities that exist in the residential survey and valuation industry.

In conclusion, this comprehensive guide is an essential resource for anyone who wishes to enter the residential survey and valuation profession or who wishes to improve their knowledge of industry practices. It provides a thorough and practical understanding of the process, the risks, and the key drivers of value. With its clear and concise writing style, it is accessible to a wide range of readers, including students, practitioners, and industry professionals.

\n Weight: 372g\n
Dimension: 174 x 354 x 18 (mm)\n
ISBN-13: 9780367419622\n
Edition number: 2 New edition\n