“…According to research data (Chalkias et al, 2020), as a rule, the market value is determined only by the purchasing power of contractors, and the cadastral value is determined mainly based on the market value, taking into account the establishment of correction factors based on the characteristics of the object (Kuokkanen, 2020), as well as the appraiser's subjective opinion concerning the real estate object (Figure 1). However, the market value is usually subjective (Abramovich et al, 2017), and in turn, the cadastral value is according to (Nikoloudakis et al, 2020;Nguyen et al, 2020) more reasonable; however, the studies (Isaikina et al, 2021, Garcia, 2021 contain evidence of its subjectivity, as its use is based on the opinion of the appraiser, which determines the relevant characteristics of the object, laid in the construction of calculations models. Their values directly affect the source of their pre-values by the form, in particular, residential or non-residential property (Waychunas, 2020;Pogosyan, 2021a, b).…”