Examining Heuristics for Building - Work-in-Progress Valuations in Niger State Nigeria

Where an investment decision on building work-in-progress (BWIP) is premised on the judgment of value, the technique of assessment must be accurate. The heuristic technique has not been able to achieve this goal. Frequent transactions in BWIP in Niger State necessitate the search for an alternative...

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Main Author: Babatunde Isaiah Olajide
Format: Article
Language:English
Published: Sciendo 2018-06-01
Series:Real Estate Management and Valuation
Subjects:
Online Access:https://doi.org/10.2478/remav-2018-0019
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author Babatunde Isaiah Olajide
author_facet Babatunde Isaiah Olajide
author_sort Babatunde Isaiah Olajide
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description Where an investment decision on building work-in-progress (BWIP) is premised on the judgment of value, the technique of assessment must be accurate. The heuristic technique has not been able to achieve this goal. Frequent transactions in BWIP in Niger State necessitate the search for an alternative technique.
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spelling doaj.art-2e7e75fbb0ba49748dffdd82ce385c1b2022-12-21T22:32:57ZengSciendoReal Estate Management and Valuation2300-52892018-06-012629210310.2478/remav-2018-0019remav-2018-0019Examining Heuristics for Building - Work-in-Progress Valuations in Niger State NigeriaBabatunde Isaiah Olajide0Department of Estate Management, Federal University of Technology, MinnaNigeriaWhere an investment decision on building work-in-progress (BWIP) is premised on the judgment of value, the technique of assessment must be accurate. The heuristic technique has not been able to achieve this goal. Frequent transactions in BWIP in Niger State necessitate the search for an alternative technique.https://doi.org/10.2478/remav-2018-0019buildingelemental costheuristicsvaluationwork-in-progressk11l85q15r30
spellingShingle Babatunde Isaiah Olajide
Examining Heuristics for Building - Work-in-Progress Valuations in Niger State Nigeria
Real Estate Management and Valuation
building
elemental cost
heuristics
valuation
work-in-progress
k11
l85
q15
r30
title Examining Heuristics for Building - Work-in-Progress Valuations in Niger State Nigeria
title_full Examining Heuristics for Building - Work-in-Progress Valuations in Niger State Nigeria
title_fullStr Examining Heuristics for Building - Work-in-Progress Valuations in Niger State Nigeria
title_full_unstemmed Examining Heuristics for Building - Work-in-Progress Valuations in Niger State Nigeria
title_short Examining Heuristics for Building - Work-in-Progress Valuations in Niger State Nigeria
title_sort examining heuristics for building work in progress valuations in niger state nigeria
topic building
elemental cost
heuristics
valuation
work-in-progress
k11
l85
q15
r30
url https://doi.org/10.2478/remav-2018-0019
work_keys_str_mv AT babatundeisaiaholajide examiningheuristicsforbuildingworkinprogressvaluationsinnigerstatenigeria