Geologic Needs and Knowledge of Real Estate Brokers and Builders

Mathewson, Christopher C.; Ruckman, David W.

doi:10.1130/0091-7613(1974)2<539:gnakor>2.0.co;2

Cited by 2 publications

(2 citation statements)

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“…According to the survey, real estate brokers and builders have a limited understanding of geological conditions and soil quality. As a result, an interdisciplinary approach is required, aided by reliable area maps (Mathewson & Ruckman, 1974 ). The relationship between natural disasters and house prices has been investigated in a few studies, with the conclusion that natural disasters are the most important factor affecting house prices and human life (Cheung et al, 2016 ; Rodriguez, 2010 ).…”

Section: Introductionmentioning

confidence: 99%

The impact of various geological factors on the real estate valuation using AHP analysis: case studies from Turkey

Ozdarici-Ok

Nefeslioğlu

2023

Environ Dev Sustain

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Turkey’s diverse geology causes natural disasters that kill and damage towns every year. Population growth in unstable areas without geological variables in value studies endangers people and real estate. This study examines how geological factors affect house values, which are often overlooked in applications. The analytical hierarchy process (AHP) was used to analyze conventional parameters, geological factors, and priorities for three provinces in Turkey with unique geological properties in surface water, groundwater, active faults, and karstic collapse. The AHP analysis was performed in the Ankara–Cankaya district (Ilkbahar quarter), Bolu–Gerede district, and Konya–Karapinar district, test locations with unique geological properties in terms of surface water, groundwater, active faults, and karstic collapse in various regions of Turkey. Statistical software analyzed the test location survey data. The results show that surface water, groundwater, active faults, and karstic collapse all affect real estate value. The findings suggest that house valuation requires multidisciplinary building site investigations with appropriate methods. This reduces the risk of making unreliable decisions and eliminates uncertainties, resulting in reliable results. The geological factors that determine a house’s value are crucial to reducing disaster-related deaths and property damage.

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Section: Introductionmentioning

confidence: 99%

The impact of various geological factors on the real estate valuation using AHP analysis: case studies from Turkey

Ozdarici-Ok

Nefeslioğlu

2023

Environ Dev Sustain

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“…The study of real estate is multifaceted, encompassing a wide-range of fields including accounting, finance, economics, architecture, law, politics, construction technology and even geology (Mathewson and Ruckman, 1974). Collectively, these myriads of fields coalesce, culminating in a market price transaction for a particular lot, unit or parcel of land.…”

Section: Introductionmentioning

confidence: 99%

Property Values as a Function of Law and Policy

Ti¹

1998

IRER

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Real estate values can be viewed as a function of law and policy. Using case law references, Hansard records, statutory instruments, and secondary literature, this paper articulates how the legal system impacts property values, in both expected and unexpected ways. While valuation is often viewed through the prism of real estate economics and finance, this paper highlights the reality that a more extended interpretation of understanding property valuation can be obtained by recognising that legal rules often impact asset values, sometimes in a surprising fashion. Recognising the links among law, policy, and property values is relevant to practitioners and policymakers alike.

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Geologic Needs and Knowledge of Real Estate Brokers and Builders

Cited by 2 publications

References 0 publications

The impact of various geological factors on the real estate valuation using AHP analysis: case studies from Turkey

The impact of various geological factors on the real estate valuation using AHP analysis: case studies from Turkey

Property Values as a Function of Law and Policy

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