Valuing real estate developments

The valuation of development land and development projects is traditionally completed using either the comparable or residual methods of valuation. Additionally, the discounted cash flow (DCF) approach is increasingly being adopted internationally for modelling development value as it is highly transparent and fully accounts for the time value of money.

This section is maintained by Joshua Askew of JLL.

Related RICS professional guidance

Related RICS standards and guidance: RICS Valuation - Professional Standards

Related RICS standards and guidance: VIP 12: Valuation of development land

Related feature: Development land

Related feature: Development land: dividing risks and rewards