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| Kleynhans, Theo E.; Opperman, J.M.. |
| The use of the comparable sales method to value farm properties requires that professional valuers must think like a typical buyer of farm properties in a particular area. The Stellenbosch district, located on the periphery of the Cape Metropole, is a famous wine-producing area. The typical buyer is sophisticated and wealthy: someone for whom lifestyle could probably be just as important as the income generating capacity of the wine estate. A variety of site and situational factors have to be considered by the valuer: some of which are easily identifiable and quantifiable, where others are more elusive. This study aimed to identify and order the more important motivations as perceived by typical buyers in order to provide guidelines to valuers. An... |
| Tipo: Journal Article |
Palavras-chave: Land Economics/Use. |
| Ano: 2005 |
URL: http://purl.umn.edu/31700 |
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