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A question of value: a discussion of property pricing and definitions of value

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French, N., (2002) A question of value: a discussion of property pricing and definitions of value. Working Papers in Land Management & Development. 08/02. Working Paper. University of Reading, Reading. pp12.

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Abstract/Summary

Valuation is often said to be “an art not a science” but this relates to the techniques employed to calculate value not to the underlying concept itself. Valuation practice has documented different bases of value or definitions of value both internationally and nationally. This paper discusses these definitions and suggests that there is a common thread that ties the definitions together.

Item Type:Report (Working Paper)
Divisions:Henley Business School > Real Estate and Planning
ID Code:27104
Publisher:University of Reading
Publisher Statement:The copyright of each working paper remains with the author. If you wish to quote from or cite any paper please contact the appropriate author; in some cases a more recent version of the paper may have been published elsewhere.

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