Abstract
Valuation of contaminated land is not an easy task. It requires the valuer to have sound knowledge in the relevant environmental laws, impacts of contamination of the land, and the appropriate methods to assess the land value. Regarding valuation methods, valuers generally use conventionl methods to value contaminated land. However, these methods cannot adequately take all factors of contaminated land into account. Alternatively reserachers have introduced various alternative methods to enhance efficiency and accuracy of contaminated land valuation. This paper gives readers an update of the various contaminated land valuation methods available to date.
Original language | English |
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Journal | Australian Property Journal |
Publication status | Published - 2003 |
Keywords
- soil pollution
- real property
- valuation