Residual Method Used for Commercial Real Estate Valuation and its Sensitivity

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F20%3A00342689" target="_blank" >RIV/68407700:21110/20:00342689 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.14311/bit.2020.02.02" target="_blank" >https://doi.org/10.14311/bit.2020.02.02</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.14311/bit.2020.02.02" target="_blank" >10.14311/bit.2020.02.02</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Residual Method Used for Commercial Real Estate Valuation and its Sensitivity

Popis výsledku v původním jazyce

In real estate valuation it is essential to understand the modelling of the economic potential of the property. The residual value is in many cases the only possible way how to determinate market value of the undeveloped land or property under construction which is important for investors, banks or auditors. The methodology of calculation for residual method is described in several valuation standard. These standards are usually very general so they can be applied in different markets. The residual method of valuation is very sensitive to changes in key inputs. Small changes in variables such as sales volumes or build costs will have a disproportionate effect on residual value. The article is focused on the sensitivity of the residual method to changes in key inputs. Sensitivity analysis is tested on a model suitable especially for commercial real estate valuation and reflect current market conditions.

Název v anglickém jazyce

Residual Method Used for Commercial Real Estate Valuation and its Sensitivity

Popis výsledku anglicky

In real estate valuation it is essential to understand the modelling of the economic potential of the property. The residual value is in many cases the only possible way how to determinate market value of the undeveloped land or property under construction which is important for investors, banks or auditors. The methodology of calculation for residual method is described in several valuation standard. These standards are usually very general so they can be applied in different markets. The residual method of valuation is very sensitive to changes in key inputs. Small changes in variables such as sales volumes or build costs will have a disproportionate effect on residual value. The article is focused on the sensitivity of the residual method to changes in key inputs. Sensitivity analysis is tested on a model suitable especially for commercial real estate valuation and reflect current market conditions.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Business & IT

ISSN

1805-3777

e-ISSN

2570-7434

Svazek periodika

1/2020

Číslo periodika v rámci svazku

July

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

10

Strana od-do

12-21

Kód UT WoS článku

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EID výsledku v databázi Scopus

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