Real estate valuation model for categorised roads for the purposes of legal transactions

Šubic-Kovač, Maruška; Rakar, Albin

doi:10.15292/geodetski-vestnik.2010.02.253-266

Cited by 2 publications

(1 citation statement)

References 1 publication

(1 reference statement)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…It is therefore crucial to determine the specific features and characteristics of the real estate market with particular emphasis on the apartment (flat) market, which is a fundamental sector for the operation of development companies. The value of a property, in addition to the attributes defined for it, also depends on the purpose of the valuation [28]. In the valuation process, an appropriate approach and method for determining the value are defined for the property and the purpose of the valuation [29].…”

Section: Introductionmentioning

confidence: 99%

Trends in primary real estate market during COVID-19 pandemic

Jach,

Hubar,

Trojański

et al. 2023

Bud-Arch

View full text Add to dashboard Cite

The work included an analysis of the primary real estate market in Krakow in 2017‑2020. The above analysis was carried out on the basis of transactions obtained from the official register at the city hall. The results of the research made it possible to observe the changes taking place in the market: the prices grew moderately, and the number of transactions was between 8,000 and 11,000 each year. In 2020, due to the COVID-19 pandemic, the number of transactions conducted dropped sharply. Despite the reduced interest of potential buyers, prices per square meter of residential space increased significantly during the period under review. Thus, the pandemic only affected the number of transactions and not the average price per unit of space.

show abstract

Section: Introductionmentioning

confidence: 99%

Trends in primary real estate market during COVID-19 pandemic

Jach,

Hubar,

Trojański

et al. 2023

Bud-Arch

View full text Add to dashboard Cite

show abstract

Using the DEMATEL Method to Identify Impediments to the Process of Determining Compensation for Expropriated Properties

Kwartnik-Pruc

Ginda

Trembecka

2022

Land

View full text Add to dashboard Cite

Laws governing the expropriation of real properties for public and socially useful purposes are in force in most countries. The problem of determining fair compensation for expropriated land is a very current one and has already been the subject of research. However, it deals mainly with the method of determining the value of the property without analyzing the procedure itself, and its weakest points in particular. The research objective is to develop a methodology to identify those factors that impede the entire process the most and should be eliminated in the first place. For this purpose, the authors firstly analyzed the procedure for determining compensation for expropriated real properties in Poland and identified factors that may adversely affect this process. Then, the decision support methods were reviewed. Due to the maturity, flexibility, and comprehensively verified quality, the DEMATEL method was used to achieve the research objective. This method allows for the efficient identification of all cause–effect relationships as well as key factors even in the case of very complex systems. Since the DEMATEL method is based on expert knowledge, the authors prepared a questionnaire and asked 16 experts—representatives of public administration at various levels, judges, and property appraisers—to assess the effect of individual factors on each other on a five-point scale. Finally, they analyzed the nature of the factors disturbing the course of the process of determining compensation for expropriated real properties. Thanks to the original multilevel application of the DEMATEL method, which took into account expert knowledge about the complex relationships between the factors, the authors demonstrated that in Poland the key roles in hindering the compensation determination process play two factors: the undetermined legal status and incomplete identification of real estate constituents. The proposed methodology is a universal one and may also be applied for the assessment of other administrative proceedings as well as various factors that determine them.

show abstract

Real estate valuation model for categorised roads for the purposes of legal transactions

Abstract: IZVLEČEK

Cited by 2 publications

References 1 publication

Trends in primary real estate market during COVID-19 pandemic

Trends in primary real estate market during COVID-19 pandemic

Using the DEMATEL Method to Identify Impediments to the Process of Determining Compensation for Expropriated Properties

Contact Info

Product

Resources

About