Valuing properties when comparable sales do not exist and the market is in disequilibrium

Journal of Property Research

Volumn 13, Issue 1, 1996, Pages 57-66

  Hendershott, Patric H ^a  

^a OHIO STATE UNIVERSITY   (United States)

Author keywords

Disequilibrium; Valuating real estate

Indexed keywords

EID: 0039330630     PISSN: 09599916     EISSN: 14664453     Source Type: Journal    
DOI: 10.1080/095999196368880     Document Type: Article

References (9)

1. Bottum, M.S. (1988) Estimating economic obsolescence in supply-saturated office markets. The Appraisal Journal, October.
2. Hendershott, P.H. (1995) Rental adjustment and valuation of real estate in overbuilt markets: evidence from Sydney office markets. Journal of Urban Economics, 37, forthcoming.
3. Hendershott, P.H. (1995) Real effective rent determination. Journal of Property Research, this issue.
4. Hendershott, P.H. and Haurin, D. R. (1988) Adjustments in the real estate market. The Journal of the American Real Estate and Urban Economics Association, 16, 343-53.
5. Hendershott, P.H. and Kane, E.J. (1992) Causes and consequences of the 1980s commercial construction boom. Journal of Applied Corporate Finance, Spring, 61-70.
6. Hendershott, P.H. and Kane, E.J. (1995) Office market values during the past decade: how distorted have appraisals been? Real Estate Economics (formerly AREUEA Journal), 23, 101-17.
7. Hendershott, P.H., Follain, J.R. and Ling, D.C. (1987) Effects on Real Estate, in Tax Reform and the US Economy (edited by J.A. Pechman), The Brookings Institution, pp. 71-94.
8. Hulten, C.R. and Wykoff, F.C. (1981) The measurement of economic depreciation, in Depreciation, Inflation and the Taxation of Income from Capital (edited by C.R. Hulten), The Urban Institute Press, Washington DC.
9. Ling, D.C. (1993) The valuation of income property in overbuilt markets. The Appraisal Journal, July.