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Golf Courses Valuation Guide < Back
7.1 Steps in the Valuation Process
     
 

1. Collect the appropriate information (property, income & expense, construction cost and sales).

2. Classify the golf course.

3. Analyze the data and select the valuation process.

4. Apply the valuation approach (es).

5. Add/deduct for other assessable and non-assessable items, if required.

6. Reach a final market value conclusion.