Concepts of Value in PropertyPeople recognise many values in buildings: financial, social, cultural, environmental... Each of these represents a different concept of value, and together they are a value typology. Every person, business, academic, profession and building has a value typology...yet, there is no consensus of what the value types are, should be, or which are important. This book looks at value typologies used in property, real estate, architecture and other related disciplines. Then, Benefit values are divided into Financial values and Non-financial values. Individual value types and concepts are discussed and reviewed. Concepts include Capital, Cashflow and Time, as well as various methods to formulate, calculate and communicate non-financial values. Finally, the new Values Typology Method and Values Typology Diagram are presented. Discover the language of values, formulate your value typology and communicate them clearly. You can set the values for a project or make an appraisal of your real estate... |
Common terms and phrases
analysis Architecture assessment Available bases of value Beermat Belief-values Benefit-values benefits bias BREEAM Bristol building Building Research Establishment Burges Salmon business plan business strategy calculated capital value Cashflow client considered context contributory value Corporate Property Strategy costs create a Values decisions delivery described Design Quality discounted discussed earning units Economic emergent values enables English Heritage Environment example financial and non-financial financial aspect Ibis hotel impact important values income incorporate Intrinsic value Investment Value London Market Value methodologies non-negotiable operational leverage outcome person or business process value project value property appraisal Property Valuations recognised Research RIBA Richard Rogers RICS risk signature value social capital Special Assumptions stakeholders supra-value Triple Bottom Line Usable value Utility value valuation approaches Value Management Value System Matrix value types valuer values and non-financial values Non-financial values Values Typology Diagram Values Typology Method VTM data weighting whole-life Worth