Correlation of Cadastral and Market Valuesin Urban Areas
Journal Title: Экономика строительства и городского хозяйства - Year 2017, Vol 13, Issue 4
Abstract
The article presents the correlation between the results of cadastral and market valuation of real estate objects. It is noted that the approved cadastral value is far from the existing situation in the real estate market, and, accordingly, from the market value, which is due to the difference in methodological approaches to their definition. As a result of an unreasonable decrease in the cadastral valuation, there is a decrease in tax revenues, which makes it difficult to finance state projects, which leads to social tension; in case of overstatement, an increase in the tax burden on citizens and business. As a result, the results of the assessment are dissatisfied with the state, citizens, and business. The pricing factors affecting the value of real estate objects in the territory of urban settlements are revealed.
Authors and Affiliations
Anna Osennyaya, Ivan Budagov, Bela Hahuk, Amir Kushu, Dmitry Gura
Keywords
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