Evaluation of Cost Estimation Techniques in Drc Valuation: A Comparative Assessment of Valuers and Quantity Surveyors in Lagos State

Aihie, V. U., & Ikuabe, M. (2018). Estimating the reinstatement or replacement cost in valuation: A case for the estate surveyor and quantity Surveyor to work in tandem in perfecting valuation briefs When using the contractor’s method (Depreciated Replacement Cost Method) in determining the value of Properties, International Journal of Civil Engineering, Construction and Estate Management, 6(1), 26-39.Search in Google Scholar

Akomolede, K. (2004). Business Valuation: The Practice versus the Theories and the Way Forward. Paper presented at the Continuing Professional Development Workshop organized by the Nigerian Institution of Estate Surveyors and Valuers held in Lagos, Kaduna and Enugu.Search in Google Scholar

American Society of Appraisers (2009). ASA Business Valuation Standards. Retrieved from https://www.appraisers.org/docs/default-source/discipline_bv/bv-standards.pdf?sfvrsn=0Search in Google Scholar

Ashworth, A. & Perera, S. (2015). Cost Studies of Buildings (6th ed.). Abingdon, Oxon: Routledge. https://doi.org/10.4324/978131570886710.4324/9781315708867Open DOISearch in Google Scholar

Bello, M. O. & Bello, V. A. (2007). The Influence of Contemporary Models on Valuation Practice in Nigeria, Hong Kong SAR, TS 3C- Valuation Practice, Strategic Integration of Survey of Services, FIG Week, 13-17.Search in Google Scholar

Blogspot.com. Quantity Surveying. Retrieved from www.qskiru.blogspot.com (2010, October 2)Search in Google Scholar

Breedt, J. (2010). “Estimating: A valid exercise or a false sense of security?” An unpublished B.Sc dissertation submitted to the Department of Built Environment and Information Technology University of Pretoria, South-Africa.Search in Google Scholar

Brook, M. (2017). Estimating and tendering for construction work (5th ed.). Abingdon, Oxon: Routledge.10.4324/9781315734699Search in Google Scholar

Coates S. J, & Steed L. G. (2001). SPSS Analysis without Anguish (10th ed.). Sydney, Australia: John Wiley and Sons Ltd.Search in Google Scholar

Ekenta, C., & Iroham, C. O. (2014). Challenges of mortgage valuation in Port Harcourt, Nigeria. Issues in Business Management and Economics 2(4), 074-079.Search in Google Scholar

Estate Surveyors and Valuers (Registration, Etc.) Act. CAP 111, Laws of the Federation of Nigeria-1990.Search in Google Scholar

Field, A. (2005). Discovering Statistics Using SPSS, London: Sage Publications.10.53841/bpspag.2005.1.56.31Search in Google Scholar

French, N., & Gabrielli, L. (2007). Market value and depreciated replacement cost: contradictory or complementary?, Journal of Property Investment & Finance, 25(5), 515-524. https://doi.org/10.1108/1463578071077669310.1108/14635780710776693Open DOISearch in Google Scholar

Hore, A. V., Kehoe, J. G., McMullan, R., & Penton, M. R. (1997). Construction 1: Management finance Measurement. Hong Kong: Macmillan Press Ltd. https://doi.org/10.1007/978-1-349-13932-310.1007/978-1-349-13932-3Open DOISearch in Google Scholar

Ifediora, G. S. (2009). Appraisal Framework: Institute for Development Studies, Enugu, Nigeria.Search in Google Scholar

IVSC. (2017). International Valuation Standards, International Valuation Standard Council, London. Retrieved from https://www.ivsc.org/standards/international-valuation-standards/consultation/IVS-reviewSearch in Google Scholar

Jagboro, G. O. (2016). Unmasking the Tower of Babel and the Scourge of Abandoned Projects in Nigeria, Obafemi Awolowo University, Ile-Ife, Inaugural lecture series 286.Search in Google Scholar

Kuye, O. (2011). Estate Office Practice (2nd Edition). AdroDadar Heritage Company Limited, Lagos, Nigeria.Search in Google Scholar

National Institutes of Health. Office of Human Resources. Retrieved from www.hr.nih.gov (2018, September 2)Search in Google Scholar

NCSS Ltd. NCSS Statistical Software. Retrieved from www.ncss.com (2018, September 2)Search in Google Scholar

Nigerian Institute of Quantity Surveyors (NIQS) (2015), Vision Statement, 2015 Dairy.Search in Google Scholar

Nkado, R. N. (2000). Competencies of Professional Quantity Surveyors in a Developing Economy, Retrieved from http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.199.1152&rep=rep1&type=pdfSearch in Google Scholar

Ogunba, O. (2011). Valuers' perceptions of depreciation models in DRC valuations. Journal of Property Investment & Finance, 29(2), 190-209. https://doi.org/10.1108/1463578111111279210.1108/14635781111112792Open DOISearch in Google Scholar

Okorie, A, Daniel, D. I., & Abdullahi, I. (2012). Mortgage investment in Osun State: An Evaluation of the Role of Estate Surveyors and Valuers In: Laryea, S., Agyepong, S.A., Leiringer, R. and Hughes, W. (Eds) Procs 4th West Africa Built Environment Research (WABER) Conference, 24- 26, Abuja, Nigeria, 1085-1094.Search in Google Scholar

Olatunde, J. (2006). New Opportunities for Quantity Surveyors in Nigeria Business Environment, 21st Century Quantity Surveying, Agenda for the Future, NIQS Biennial. 1-3 November.Search in Google Scholar

Olatunde, N. A., & Okorie, V. N. (2016). Appraisal of Awareness Level of Quantity Surveying Profession among Secondary School Students in Benin City, Nigeria. International Journal of Advanced Engineering, Management and Science (IJAEMS), 2(8), Aug- 2016.Search in Google Scholar

Olunloyo, O. A. (2012). Mitigating informal economic sectors’ proliferation through microcredit scheme for small and medium scale entrepreneurs in metropolitan Lagos In: Laryea, S., Agyepong, S. A., Leiringer, R. and Hughes, W. (Eds), Proceedings in 4th West Africa Built Environment Research (WABER) Conference, 24-26 July 2012, Abuja, Nigeria, 1155-1167.Search in Google Scholar

Onyejiaka, J. C., Emoh, F. I., & Egolum, C. C. (2012). Developing a Database for Efficient Property Valuation in Nigeria, Journal of the Nigerian Institution of Estate Surveyors and Valuers. 36(2), pp. 22-23.Search in Google Scholar

Pienaar, J. S. (2004). Construction Cost Management Part1: Estimating and Pricing Revision 6. Pretoria: University of Pretoria.Search in Google Scholar

Plimmer F., & Sayce S. (2006). Depreciated Replacement Cost: Consistent Methodology? Shaping the Change XXIII FIG Congress, Munich, Germany.Search in Google Scholar

Seeley, I. H. (1976). Building economics. (3rd ed.) London: The Macmillan Press Ltd. https://doi.org/10.1007/978-1-349-03068-210.1007/978-1-349-03068-2Open DOISearch in Google Scholar

Shapiro, E., Mackmin, D., & Sams, G., (2012). Modern methods of valuation. (11th ed), Oxford: Estates Gazette.10.4324/9780080937564Search in Google Scholar

Simon-Eigbe, B. O. (2003). Introduction to Tendering and Estimating, Benin City, Edo state: Olive Publishers.Search in Google Scholar

Udechukwu, C. E. (2009). Principles of Valuation, Lagos, Nigeria: Treem Nigeria Limited.Search in Google Scholar

Whipple, R. (1995). Property Valuation and Analysis, Sydney: The Law Book Company.Search in Google Scholar

Wyatt, P. (2009). Replacement cost and market value, Journal of Property Investment & Finance, 27(6), 593-602. https://doi.org/10.1108/1463578091099318610.1108/14635780910993186Open DOISearch in Google Scholar