APPLICATION OF ALTERNATIVE APPROACHES IN CALCULATING A VALUE OF LAND UNDER A RESIDENTIAL BUILDING TO INCREASE THE RELIABILITY OF THE CADASTRE ASSESSMENT

Changes in the 2014 Tax Code expanded the operation of the cadastral appraisal institute and shifted attention from land appraisal to capital construction projects. But this also gave rise to a new wave of questions about the reliability of the cadastral assessment. One of the stumbling blocks was t...

Full description

Saved in:
Bibliographic Details
Main Authors: S. Zenchenko, Y. Radyukova, V. Sutyagin
Format: Article
Language:Russian
Published: North Caucasus Federal University 2022-02-01
Series:Вестник Северо-Кавказского федерального университета
Subjects:
Online Access:https://vestnikskfu.elpub.ru/jour/article/view/228
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849243848929181696
author S. Zenchenko
Y. Radyukova
V. Sutyagin
author_facet S. Zenchenko
Y. Radyukova
V. Sutyagin
author_sort S. Zenchenko
collection DOAJ
description Changes in the 2014 Tax Code expanded the operation of the cadastral appraisal institute and shifted attention from land appraisal to capital construction projects. But this also gave rise to a new wave of questions about the reliability of the cadastral assessment. One of the stumbling blocks was the accounting (exclusion) of land from the value of the capital construction object. This article is devoted to the methodological substantiation of the use of an alternative method for calculating the value of land in a single real estate object in conditions of a lack of initial information necessary for the implementation of the traditional methodology of comparative sales. As part of the research, using regression analysis, 10 different factor models for calculating the share of land and recommendations for their use were given. The alignment was carried out on the basis of a linear function, the quality of the obtained functions was assessed using the indicators of the correlation coefficients, determination, average approximation error and Fisher's F-test). The results of the survey can be used in the practice of cadastral valuation, as well as in market valuations prepared for court hearings when challenging the results of the cadastral valuation. The sample results are shown on the official website of Otsenka + LLC (www.ocenka-plus.pro/povesit_zh.xlsx).
format Article
id doaj-art-6bd2e5f4d0454cf3aa248281e6fd3435
institution Kabale University
issn 2307-907X
language Russian
publishDate 2022-02-01
publisher North Caucasus Federal University
record_format Article
series Вестник Северо-Кавказского федерального университета
spelling doaj-art-6bd2e5f4d0454cf3aa248281e6fd34352025-08-20T03:59:21ZrusNorth Caucasus Federal UniversityВестник Северо-Кавказского федерального университета2307-907X2022-02-0106768910.37493/2307-907X.2021.6.9227APPLICATION OF ALTERNATIVE APPROACHES IN CALCULATING A VALUE OF LAND UNDER A RESIDENTIAL BUILDING TO INCREASE THE RELIABILITY OF THE CADASTRE ASSESSMENTS. Zenchenko0Y. Radyukova1V. Sutyagin2North-Caucasus Federal UniversityTambov State University named G. R. DerzhavinTambov State University named G. R. DerzhavinChanges in the 2014 Tax Code expanded the operation of the cadastral appraisal institute and shifted attention from land appraisal to capital construction projects. But this also gave rise to a new wave of questions about the reliability of the cadastral assessment. One of the stumbling blocks was the accounting (exclusion) of land from the value of the capital construction object. This article is devoted to the methodological substantiation of the use of an alternative method for calculating the value of land in a single real estate object in conditions of a lack of initial information necessary for the implementation of the traditional methodology of comparative sales. As part of the research, using regression analysis, 10 different factor models for calculating the share of land and recommendations for their use were given. The alignment was carried out on the basis of a linear function, the quality of the obtained functions was assessed using the indicators of the correlation coefficients, determination, average approximation error and Fisher's F-test). The results of the survey can be used in the practice of cadastral valuation, as well as in market valuations prepared for court hearings when challenging the results of the cadastral valuation. The sample results are shown on the official website of Otsenka + LLC (www.ocenka-plus.pro/povesit_zh.xlsx).https://vestnikskfu.elpub.ru/jour/article/view/228cadastral valuationmarket valueshare of landsingle real estate
spellingShingle S. Zenchenko
Y. Radyukova
V. Sutyagin
APPLICATION OF ALTERNATIVE APPROACHES IN CALCULATING A VALUE OF LAND UNDER A RESIDENTIAL BUILDING TO INCREASE THE RELIABILITY OF THE CADASTRE ASSESSMENT
Вестник Северо-Кавказского федерального университета
cadastral valuation
market value
share of land
single real estate
title APPLICATION OF ALTERNATIVE APPROACHES IN CALCULATING A VALUE OF LAND UNDER A RESIDENTIAL BUILDING TO INCREASE THE RELIABILITY OF THE CADASTRE ASSESSMENT
title_full APPLICATION OF ALTERNATIVE APPROACHES IN CALCULATING A VALUE OF LAND UNDER A RESIDENTIAL BUILDING TO INCREASE THE RELIABILITY OF THE CADASTRE ASSESSMENT
title_fullStr APPLICATION OF ALTERNATIVE APPROACHES IN CALCULATING A VALUE OF LAND UNDER A RESIDENTIAL BUILDING TO INCREASE THE RELIABILITY OF THE CADASTRE ASSESSMENT
title_full_unstemmed APPLICATION OF ALTERNATIVE APPROACHES IN CALCULATING A VALUE OF LAND UNDER A RESIDENTIAL BUILDING TO INCREASE THE RELIABILITY OF THE CADASTRE ASSESSMENT
title_short APPLICATION OF ALTERNATIVE APPROACHES IN CALCULATING A VALUE OF LAND UNDER A RESIDENTIAL BUILDING TO INCREASE THE RELIABILITY OF THE CADASTRE ASSESSMENT
title_sort application of alternative approaches in calculating a value of land under a residential building to increase the reliability of the cadastre assessment
topic cadastral valuation
market value
share of land
single real estate
url https://vestnikskfu.elpub.ru/jour/article/view/228
work_keys_str_mv AT szenchenko applicationofalternativeapproachesincalculatingavalueoflandunderaresidentialbuildingtoincreasethereliabilityofthecadastreassessment
AT yradyukova applicationofalternativeapproachesincalculatingavalueoflandunderaresidentialbuildingtoincreasethereliabilityofthecadastreassessment
AT vsutyagin applicationofalternativeapproachesincalculatingavalueoflandunderaresidentialbuildingtoincreasethereliabilityofthecadastreassessment