Essays in Honor of William N. Kinnard, Jr.

The first section of the book contains seven original essays, arranged in order to coincide with Bill's (chronological) professional career. These essays cover a wide variety of real estate topics, including valuation theory, definition of market value, market analysis, the appraisal process, role of the appraiser as an expert witness, valuation under environmental contamination, and international real estate issues.

The second section of the book reprints eleven of Bill's most influential papers, selected with the help of forty of his colleagues. These articles, written by Bill and various co-authors, represent only a portion of his contributions to real estate theory and practice. They are "classics" in real estate education.

The final section contains personal reflections by colleagues, family and friends of Bill. One of Bill's most influential publications is his classic text, "Income Property Valuation", and is frequently cited in the testimonials. These testimonials provide clear evidence that Bill was an excellent teacher and real estate professional. He truly cared about his students and colleagues and worked hard to move the real estate profession forward.

Contenu

I. Original Essays.- 1. The History of Value Theory: The Early Years.- 2. A Question of Value: A Discussion of Definitions and the Property Pricing Process.- 3. Dealing with Measurement Error in Real Estate Market Analysis: An Application to the Assessed Value Price Index Method.- 4. The Cost Approach and Functional Obsolescence.- 5. The Contributions of William N. Kinnard,Jr to the Field of Contaminated Property Valuation.- 6. Expert Witness Testimony and the Use of Environmental Contamination Research in Eminent Domain Cases.- 7. Challenges Confronting Property Valuation Practitioners in Australasia.- II. Best of Kinnard.- 8. Professional Qualifications.- 9. Ten Reasons Why Kinnard's Income Property Valuation (1971) is a Modern Classi.- 10. New Thinking in Appraisal Theory.- 11. The Ellwood Analysis in Valuation: A Return to Fundamentals.- 12. Reducing Uncertainty in Real Estate Decisions.- 13. The Financial Logic of Investment Property Appraising.- 14. The First Twenty Years of AREUEA.- 15. The Business Enterprise Value Component of Operating Properties.- 16. Graaskamp and Business Enterprise Value: It's in the Profit Centers A Case Study of an Operating Downtown "Luxury" Hotel.- 17. Client Pressure in the Commercial Appraisal Industry: How Prevalent is it?.- 18. The New Noneconomics: Public Interest Value, Market Value, and Economic Use.- 19. The Effects on Residential Real Estate Prices from Proximity to Properties Contaminated with Radioactive Materials.- The Counselor as Expert Witness: Hazards, Pitfalls, and Defenses.- III. Testimonials.- List of Testimonial Letters.