The Method of Residual Value in Estimating Land for Construction Cover Image

Методът на остатъчната стойност при оценяване на земята за строителство
The Method of Residual Value in Estimating Land for Construction

Author(s): Tihomir Pelov
Subject(s): Economy, Business Economy / Management
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: real estate; revenue approach to valuation; residual valuation method

Summary/Abstract: The residual value method is a fundamental instrument of the revenue approach in estimating land for construction. Its application stems from the principle of the most complete and best use of real estate and the principle of residual (hidden) productivity of the earth. The report clarifies the application of these principles and illustrates, by way of example, the use of the method in determining the market value of terrains with various options for the most efficient and effective use.

  • Issue Year: IV/2020
  • Issue No: 3
  • Page Range: 162-164
  • Page Count: 3
  • Language: Bulgarian