Land’s Valuation. Case Study
Journal: RevCAD Journal of Geodesy and Cadastre (Vol.-, No. 22)Publication Date: 2017-06-01
Authors : G. Săndulache G.E. Proca;
Page : 231-236
Keywords : land’s market value; valuation methods; direct comparison;
Abstract
Valuation of urban or outside town land is governed by ANEVAR law (methodological guide for valuing land GME1 realized and recognized in the entire world). Indicated methodology is agreed with international valuation standards (EVS) published by International Valutation Standards Council (IVSC ). Valuation methods of vacant land, occupied by facilities or constructions are: CMA extraction market allocation, technical residual capitalization current rent / lease land (rent) and cash flow analysis updated (analysis plotting and development). The methods listed are derivation of traditional methods of approach to real estate (market, income and cost). The case study in this paper comply evaluation guide showing all the steps specified by international standards agreed by ANEVAR.
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