The Valuation of Real Estate Book

	Preface
Sect. 1	Fundamentals of Value	1
1	Nature and Importance of Value	1
2	History and Importance of Value Thought	17
3	Nature and Principles of Property Valuation	40
Sect. 2	External Influences on Property Value	60
4	Impact of Political, Social, and Economic Forces	60
5	Regional and Community Analysis	76
6	Neighborhood Value Analysis	97
Sect. 3	Site Analysis and Valuation	118
7	Considerations in Site Analysis	118
8	Fundamentals of Land Valuation	145
Sect. 4	Sales Comparison and Depreciated Cost Approaches	165
9	Sales Comparison Approach to Value	165
10	Building Construction and Plan Reading	193
11	The Depreciated Cost Approach: Cost Estimating	211
12	The Depreciated Cost Approach: Measuring Accrued Depreciation	236
Sect. 5	Income-Expense Analysis and Capitalization	253
13	Income Forecasting and Analysis	253
14	Operating Expense Forecasting and Analysis	275
15	Determining the Rate of Capitalization	292
16	Compound Interest and Discounting	312
17	Income Capitalization Methods	339
18	Physical Residual Techniques of Capitalization	357
19	Leasehold Estates and Leased Fee Appraising	377
20	Mortgage-Equity Appraising	393
Sect. 6	Condemnation Appraisals and Professional Reporting	412
21	Condemnation Appraising Practices and Procedures	412
22	Appraisal Report Writing	430
23	Professional Appraisal Standards	450
	Appendix I Glossary	463
	Appendix II Market Value Appraisal of the Keegan's Mill Apartments	471
	Appendix III Case Studies	573
	Appendix IV Suggested Solutions to Chapter Review Questions	594
	Appendix V Financial Tables	623
	Appendix VI Land Measurement Table	632
	Appendix VII Valuation Symbols and Equations	634
	Index	637