Appraisal Institute Book Shares Methods for Valuing Golf Courses
October 18, 2016 08:00 AM
CHICAGO (Oct. 18, 2016) – More appraisers are valuing golf course properties and are bringing sophisticated new methodology to the market and appraisal practice, according to a new book by the Appraisal Institute.
“Golf Property Analysis and Valuation: A Modern Approach” by Laurence A. Hirsh, MAI, examines what makes golf properties unique. The author discusses market segments for golf properties, design considerations, and ownership and management structures of golf courses and clubs, in addition to types, styles and layouts of golf courses. The text also focuses on methods of valuing golf properties, as well as common problems and issues that appraisers encounter.
“This book will promote a greater understanding of golf properties and help appraisers produce more reliable, supportable valuations of these unique properties,” Appraisal Institute President Scott Robinson, MAI, SRA, AI-GRS, wrote in the book’s foreword. “This book’s in-depth coverage of golf property economics also will be useful to attorneys, the courts, lenders, tax assessors, golf course developers and managers, market participants and other real estate and golf professionals.”
“Golf Property Analysis and Valuation: A Modern Approach” (ISBN: 9781935328674) is a182-page softcover book. It is available for $60 ($50 for Appraisal Institute professionals). Call 888-756-4624 or order online.
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The Appraisal Institute is a global professional association of real estate appraisers, with nearly 20,000 professionals in almost 60 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org.