THE CHALLENGES OF VALUING PROPERTIES IN SUB-URBAN SETTLEMENT

ABSTRACT

Sub-urban settlement is an area that is usually between urban and rural settlements. They are usually between urban and rural settlements. They are usually found at the peripheries of an urban area. These settlements may not necessarily have facilities of an urban setup but some particularities stands them out and place them at a disadvantage position in terms of valuation. The availability of insufficient comparable, incompatibility of uses and relatively low economic climate as well as their locations makes their valuation challenging.

TABLE OF CONTENTS

 1.1        
Subject of the Instruction and Scope                                               2

1.2         Background Preparation                                                                   2

1.3         Key Issues                                                                                         2-3

1.4         Aim and Objectives                                                                          3

1.5         
Suburban Settlement and Characteristics                                        3-4                  

B/2        Options Considered                                                                          5-7

2.1         Initial Advice                                                                                    7-10

2.2         Data Collection and Analysis                                                           10-16

2.3.2       Comments
on the Analysis                                                              16       

 2.4        Evaluation                                                                                         17

2.4.1       The
Level of Candidate Involvement                                              17

2.4.2       Candidate’s
Views as Contained in the Critical Analysis               17-18

C/3        The Opinion                                                                                      18

3.1         Summary
of Findings                                                                       18-19

3.2         Advice
to Client or Principals                                                           19

D/4       Critical Analysis of the Method Employed                                       19-22

4.1        Reflective Analysis – Recommendation
for Similar Task                 23

4.2         Experience Gained in the cause of the
Valuation exercise              23                   

4.3       Conclusion                                                                                          23

  Bibliography                                                                                     24