Contaminated land and other forms of environmental impairment: an approach to valuation

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Abstract
The valuation of properties affected by environmental impairment presents valuers with many problems, not least of which is the identification of those properties which may be so affected. Offers a list of land use activities, together with the types of contamination which may be found. Proposes a method of valuing impaired properties, taking account of present and future costs of treatment. Discusses the question of stigma and describes a method of assessing the valuation impact. Concludes with a proposal to establish an Environmental Impairment Databank, so as to assist valuers in the preparation of valuations and the advice which they provide to clients.

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