Normative monetary valuation of the land plot for agricultural purpose within the limits of the Lyman settlement territorial community of the Rozdilnya district of the Odesa region

In Ukraine, the process of forming the agricultural land market is underway today. Land is one of the most important factors of production in modern society, and the land market is an integral part of the economy of any developed country. Improving the land market is the most important task of the state, which adopts laws that protect any property rights, including land rights. The land market creates conditions that stimulate the efficient use of land. The development and formation of the modern methodology of land evaluation is preceded by a rich centuries-old practice and development of the theory of land use. The article analyzes the existing Methodology for the normative monetary valuation of land plots, gives the results of the assessment of the agricultural land plot using data from the open land cadastre within the limits of the Lyman settlement territorial community of the Rozdilnian district of the Odesa region. The value of the land plot was determined according to the established and approved regulations according to the new method, which was approved on November 3, 2021 by the resolution "On the approval of the Methodology of normative monetary valuation of land plots" and amounted to 152,248.90 hryvnias. The coefficient of indexation of the normative monetary value for agricultural lands in 2022-2023 is 1.0. Thus , the results of the calculation showed that the new Methodology of regulatory monetary assessment simplifies the assessment of agricultural lands .