TABLE OF CONTENT
Title Page i
Certification ii
Dedication iii
Acknowledgement iv-v
Table of Content vi-ix
Synopsis x
CHAPTER ONE 1-9
1.0 Introduction 1-2
1.1 Background of Study 2
1.2 Statement of Research Problem 2
1.3 Aim and Objectives 2-3
1.4 Significance of the Study 3
1.5 Scope of the Study 3
1.6 Limitation of the Study 3
1.7 Study Area 4-6
1.8 Definition of Terms 6-9
CHAPTER TWO 10-20
2.0 Literature Review/Conceptual Framework 10
2.1 Valuation Concept 10-11
2.2 Purpose of Valuation 11-12
2.3 Method of Valuation 12-14
2.4 Types of Property 15-16
2.5 Development Requirement of Specialized Property. 16-19
2.6 Specialized Property as an Investment 19-20
CHAPTER THREE 21-24
3.0 Research Methodology 21
3.1 Introduction 21
3.2 Source of Data Collection 21
3.3 Primary Source 21
3.4 Secondary Source 22
3.5 Target Population 22
3.6 Sample Frame 22
3.7 Sampling Techniques 22
3.8 Methods of Data Collection 23-24
3.9 Method of Data Analysis 24
CHAPTER FOUR 25-32
4.1 Data Presentation and Analysis 25
4.2 Construction and Material Used for Calvary Baptist Church 25
4.3 Interpretation of Data on Facilities 26-27
4.4 How the Property is Being Managed 27
4.5 Facilities within the Study Area 27
4.6 Valuation Exercise 27-28
4.7 Sketch of the Total Floor Area of the Church 29
4.8 The Need for Serious Adjustment in the Valuation of Different Types of Properties 30-32
CHAPTER FIVE 33-35
5.0 Summary, Conclusion and Recommendation 33
5.1 Summary of Finding 33
5.2 Conclusion 33-34
5.3 Recommendation 34-35
REFERENCES
APPENDIX
PICTURE
SYNOPSIS
Specialized properties are classes of proprietary bud wants which fall outside the general range of residential, commercial and industrial properties.
These properties have no comparable in the noble market, they lack rental evidence and they are not easily adapted to alternative uses.
Valuation of specialized properties poses a very tedious task for the values because of its specialized nature. It needs wider experience coupled with the availability for data and involves huge & capital outlay to build up. The challenges associated with valuation of specialized property with a case study Hope Alive Trust Hospital, Idofian, Kwara State, would aim of revealing all the task and challenges that are involved in the valuation. Furthermore, appropriate method for the valuing such specialized property shall be employed to determine the capital value of the said property. Finally relevant recommendation will be made in order to ensure efficiency in the valuation exercise of a such property.