Multivariate statistical analysis application to determine factors affecting the parcel value to be used mass real estate valuation approaches

Yalpır, Şükran; Ünel, Fatma Bünyan

doi:10.26833/ijeg.862563

Cited by 6 publications

(8 citation statements)

References 15 publications

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“…Kullanılan kriterler il/eyalet bazında farklılık gösterse de lokal/yerel bazdaki standardizasyonu oldukça önemli bir araştırma konusudur. Yalpır ve Ünel, İç Anadolu Bölgesinde parsel değerine etki eden ana faktörlerin standartlaştırılmasını amaçlayan bir çalışma yapmıştır [3]. Bahsedilen kriterlerin standartlaştırılması sürecinde çok sayıda gayrimenkul değerleme uzmanı ve kamu görevlisi ile anket yapılmıştır.…”

Section: Kriterlerin Seçimi Ve Hazırlanmasıunclassified

“…Anahtar kelimeler: Taşınmaz değerleme, CBS, Toplu, Stokastik, Nominal Keywords: Real estate valuation, GIS, Mass, Stochastic, Nominal 1 Giriş 4721 sayılı Türk Medeni Kanununun 704 üncü maddesi kapsamında taşınmaz (gayrimenkul); arazi, tapu kütüğünde ayrı sayfaya kaydedilen bağımsız ve sürekli haklar (inşa/üst hakkı, kaynak hakkı, geçit hakkı) ile kat mülkiyeti kütüğüne kayıtlı bağımsız bölümler olarak tanımlanmaktadır [1,2]. Ekonomik değeri ile geleceğe yönelik bir tür finansal güvence sağlayan taşınmaz, aynı zamanda vatandaşın mülkiyet hakkını kullandığı bir ortamdır [3]. Bu bağlamda düşünüldüğünde taşınmaz değerlemesi birçok kriterin bir arada düşünülmesini gerektiren teknik bir konudur.…”

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“…Bu açıdan taşınmaz değerlerinin belli periyotlarda güncellenmesi daha sağlıklı piyasa koşullarını oluşturacaktır. Ayrıca Türkiye'de yapılan taşınmaz değerleme çalışmalarında tarımsal amaçlı kullanıma sahip arazi değerlemelerinin yerine arsa, konut ve işyeri niteliğindeki taşınmazların değerlemesine ağırlık verildiği görülmektedir [3,7]. Geçmişten günümüze NÖHÜ Müh.…”

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Usage of GIS-based Nominal Valuation Method in Creating Value Maps: The Case of Foça/İzmir

KAYALIK

Polat

2022

NÖHÜ Müh. Bilim. Derg.

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According to TUIK data, the number of residential sales in İzmir in 2021 is 86,722. This count corresponds to 5.8% of all residential sales in Turkey. With this ratio, İzmir became the third province in Turkey with the highest sales of residential. When all these statistics are taken into account, it is quite laborious and time-consuming to determine the value of real estates in İzmir using singular valuation methods. The mass real estate valuation method, which was suggested as a solution to this, was applied in the Yenifoça neighborhood of İzmir. In the study, nominal valuation method, which is one of the stochastic methods that accelerates the valuation, was used. The nominal value map of the building footprints created at the end of the application was converted into prices in TL with the help of a model. In the model, the total pixel values and the sales prices on the web-based site of the real estates were used. The real estates for sale on the site were divided into two groups as training and test data. It has been determined that the model prices of 11 test data have a 0.67 correlation with the prices on the website. The mentioned model ran with a very high accuracy coefficient, although it was tested with a limited data set. As a result, the applicability of the nominal valuation method has been revealed and an important academic resource has been brought to the literature for future mass real estate valuation studies.

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Section: Kriterlerin Seçimi Ve Hazırlanmasıunclassified

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Usage of GIS-based Nominal Valuation Method in Creating Value Maps: The Case of Foça/İzmir

KAYALIK

Polat

2022

NÖHÜ Müh. Bilim. Derg.

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“…Another administrative authority that is not the one granting the decision of expropriation shall not revoke such decision. In Türkiye, authorities who are entitled to grant and certify the decision of expropriation are explicitly listed under the Articles certain authorities are entitled to make expropriation by law, it is often stated in relevant legal regulations that appraisal procedures for the real estate to be expropriated shall be realized as per the provision of the Law Number 2942 [7][8][9][10][11][12][13].…”

Section: Introductionmentioning

confidence: 99%

Optimization of expropriation costs on the highway projects in Türkiye

ÇELİK

2024

International Journal of Engineering and Geosciences

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Expropriation is widely used to introduce highway, railway and waterway projects into the society. Expropriation is the registration process of real estate and equities owned by natural and legal persons on behalf of the administration for public interest, provided that property and easement right amount shall be paid in cash or in advance or by equal installments. In what situations and by which institutions expropriation is carried out are restricted by the law. In accordance with the Article 3 of the Expropriation Law Number 2942 amended by the Law Number 4650, the expropriation process shall not be started without an adequate allowance provided by the administration. The exercise of the right of property shall not be against public interest.” Project areas are required to be converted into public property after the development plans for the public projects are prepared. Areas regarded as private property but intersected by highway, railway or waterway routes can only be occupied after expropriation. Without expropriation, projects based on transportation in improvement areas can be opened to public with the application of the provisions of the Development Law Number 3194, while those in areas having no development plan can be opened to public with the application of the relevant provisions of the Agricultural Reform Law Number 3083 on Land Consolidation in Irrigated Areas and Law Number 5403 on Soil Conservation and Land Use. In this article, opening highways, railways, and waterways to public in Turkey using the implementation of development plans is discussed. For the real estate coinciding with the route of public investments, if land and land lots are arranged in accordance with the Article 18 of the Development Law Number 3194, state withholding up to 45% may be imposed. The objective function in the state withholding can be stated as f= costmin= f(a,b). Land acquisition increases as the ratio of state withholding increases, resulting in the minimization of the expropriation costs. Public projects such as Railways and Waterways can be opened to public free of charge with development plan implementation in improvement areas and with land consolidation in rural areas having no development plan.

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“…Urbanization worldwide is expanding to meet the demands of an ever-increasing population, making real estate knowledge valuable. The value of real estate should be included in real estate management for successful use of real estate and to undertake planning, project design, and investment decisions [2]. Real estate and its value are important.…”

Section: Introductionmentioning

confidence: 99%

Nominal Land Valuation with Best-Worst Method Using Geographic Information System: A Case of Atakum, Samsun

Ayalke

Sisman

2022

IJGI

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Land valuation can be used in various areas, such as taxation, property acquisition, rental, expropriation, urban regeneration, and land readjustment. As a result, determining the value of land accurately by considering multiple criteria to eliminate the impact of subjectivity on the value of land is important. Nominal valuation is a statistical method for determining land values based on multiple criteria. In nominal valuation, criteria can be managed, analyzed, and integrated using Geographic Information Systems (GIS). This study produced a land value map using a nominal valuation method based on multiple criteria. The main criteria and sub-criteria have been determined according to the previous studies. Criteria weights were determined using the Best-Worst Method (BWM), which is one of the Multi-Criteria Decision-Making methods. A nominal land value map of the Atakum district of Samsun was produced by integrating criteria maps using GIS and compared with a value map based on current land sales.

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Multivariate statistical analysis application to determine factors affecting the parcel value to be used mass real estate valuation approaches

Cited by 6 publications

References 15 publications

Usage of GIS-based Nominal Valuation Method in Creating Value Maps: The Case of Foça/İzmir

Usage of GIS-based Nominal Valuation Method in Creating Value Maps: The Case of Foça/İzmir

Optimization of expropriation costs on the highway projects in Türkiye

Nominal Land Valuation with Best-Worst Method Using Geographic Information System: A Case of Atakum, Samsun

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