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  • © 2015

Real Estate Investing

Market Analysis, Valuation Techniques, and Risk Management

  • Provides a comprehensive analysis of factors affecting investment decisions in the housing market
  • Compares analysis techniques with respect to their ability to manage risk
  • Includes applications and numerous examples
  • Includes supplementary material: sn.pub/extras

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-vii
  2. The Real Estate Market

    • Benedetto Manganelli
    Pages 1-31
  3. The Market Research

    • Benedetto Manganelli
    Pages 33-51
  4. Financing

    • Benedetto Manganelli
    Pages 53-60
  5. The Real Estate Investment

    • Benedetto Manganelli
    Pages 61-70
  6. Investors and Investment Strategies

    • Benedetto Manganelli
    Pages 71-96
  7. Investment Evaluation

    • Benedetto Manganelli
    Pages 97-135
  8. The Risk Analysis

    • Benedetto Manganelli
    Pages 137-188
  9. The Theory of Real Options in Real Estate

    • Benedetto Manganelli
    Pages 189-210

About this book

This book describes in full the major approaches used to evaluate investment in real estate and shows how theory informs decision-aid methods and tools to support such evaluation. The inclusion of numerous examples makes it also a practical guide to assessing the suitability of an investment property.

The first part of the text is devoted to an analysis of the housing market through the study of micro- and macroeconomic variables influencing supply and demand, with illustration of how these two components of the market interact. Special attention is given to market research and other preparatory activities able to influence the outcome of the investment. In fact, the quality of the parameters used for the evaluation depends on these activities. The final chapters describe the valuation techniques and highlight their essential features, limitations and potential in relation to ability to manage the investment risk.

The book is aimed at graduates who wish to deepen their study of the real estate market and of the methods used to support investment decisions in real estate but also at professionals and managers of companies operating in the real estate market.

Authors and Affiliations

  • School of Engineering, University of Basilicata, Potenza, Italy

    Benedetto Manganelli

About the author

Benedetto Manganelli is Associate Professor of Real Estate Appraisal at the University of Basilicata, Potenza, Italy, where he has worked since 2007. Between 2001 and 2007 he was a researcher at the University of Salerno. Benedetto Manganelli received his PhD in the Economic Evaluation of Projects from the University of Reggio Calabria in 2000. His research interests include the analysis of urban land value and housing market dynamics, the development of methods for valuing individual properties and methods for data analysis and mass appraisal.

Bibliographic Information

Buy it now

Buying options

eBook USD 54.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access