Cultural Sensitivity in Client Communication for Global Valuation Services
(Available: October 22, 2024)
Challenges and Opportunities in Valuing Historic and Heritage Properties Globally
The valuation of historic and heritage properties presents unique challenges that require specialized knowledge and approaches. These properties often possess intrinsic cultural, architectural, and historical significance, making their valuation process more complex than that of conventional properties. However, despite the challenges, there are also opportunities for valuation professionals to contribute to the preservation and sustainable management of these invaluable assets.
Challenges in Valuing Historic and Heritage Properties
Opportunities in Valuing Historic and Heritage Properties
To address the challenges and capitalize on the opportunities, valuation professionals should consider the following strategies:
By embracing these challenges and opportunities, valuation professionals can contribute to the preservation of cultural heritage while supporting the economic viability and sustainable development of historic and heritage properties worldwide.
Citations:
[1] https://pure.port.ac.uk/ws/portalfiles/portal/26686958/Simon_Forbes_Student_No.187566_THESIS_SUBMISSION_3rd_February_2021.pdf
[2] https://www.linkedin.com/pulse/heritage-governance-issues-options-jit-kumar-gupta-vke8f
[3] https://whc.unesco.org/en/sustainabledevelopment/
[4] https://www.getty.edu/conservation/publications_resources/pdf_publications/pdf/valuesrpt.pdf
[5] https://www.unesco.org/en/cultural-heritage-7-successes-unescos-preservation-work
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