Specialized or Non-market Properties Valuations

Where there is no functioning market or a very limited market, the valuer often has to resort to depreciated replacement cost as a proxy for market value. The valuation of national monuments and public utilities present the valuer with challenges, but with a thorough understanding of property law and valuation theory, the experienced valuer is equipped to find a solution to the client’s problem. Clients such as the Royal Bafokeng Nation have all manner of non-market properties within their portfolio including post offices, schools, reservoirs and a state-of-the art sports stadium. Read my internationally-published paper on how to value a sports stadium here:  //

  • Stadiums
  • Abattoirs
  • Sports stadia and arenas – valuation or cost-benefit analysis
  • Properties in African countries
  • Servitudes/easements
  • Tribal land