Related Papers
The use of income valuation methods to value rural property
Chris Eves
Valuation of a Plot of Agricultural Land.docx
Mainak Ghosal
By valuation, the present value of land/ property is determined. In every valuation, land is one of the important components of valuation. The lands may be with single ownership or joint ownership with others or Hindu Undivided Family. Land may be defined as the balance available area of the Earth's crust after deducting the areas of the sea. This landed area may be Agricultural lands, Open land, Forest land and Rocky and Hilly lands. A land is to be classified into two categories viz. agricultural and non agricultural. The agricultural lands can further be classified as purely agricultural and semi-agricultural lands. Further, the agricultural lands in the periphery of a city or a municipality are likely to be declared as urban land.
INAS working paper
Non-Monetary Aspects of Values in Land
The paper takes a special interest in the theoretical status of non-monetary factors in the determination of the price of land. The paper presents some speculation as to the nature of "real property" and the types of values people see in it. Three other studies, one Norwegian and one from Sweden, concerning the pricing of agricultural land and woodland, and one English study concerning the values of farmers, are commented on with a view to the theoretical speculations. Then some evidence concerning the relative importance of various types of values and justifications for wanting these values are presented. The quality of the land for farming (farming as a way of life) and the historical relation between family and land (land as symbol of community membership) were the two most important factors for judging a price offer.
IRJET
IRJET- RESEARCH ON VALUATION METHODOLOGIES FOR IMMOVABLE PROPERTIES: AGRICULTURAL LAND
2021 •
IRJET Journal
Valuation is process of estimating value of the property being valued. The circ*mstances of the case and purpose that valuation is needed, at the given time, place and market condition can be different. The objective of this particular study is to spot the Methodologies for arriving at value of Agriculture land and guidelines to follow the calculation for land which is situated in semi urban and rural area of India. The study helps farmers to understand the particular condition of land and also the future scope of the land for Non Agricultural use. The valuation of Agricultural Land which is in the vicinity of growing city is required because it helps to plan the future growth of the city. This project examines the factors affecting the value and price of Agricultural Land which is near to the development of localities. It highlights the problems relevant to Agricultural Land value in an exceedingly market situation of competing use options.
Economic Valuation of Farm and Ranch Land Amenities: What Economists Have Learned about Public Values and Preferences
2000 •
Richard C Ready
2021 •
wafaa arandah
Background: Decision-making is a mental process to select among several possible alternatives. It is the study of identifying and choosing alternatives based on the values and preferences of the decision-maker. Value management is one of the decision-making tools. In case of decisions that related to determining the feasibility of construction or rehabilitation projects, real estate appraisal is very helpful. There are two main approaches for Land valuation; the first one depending on the economic value of the land in comparison with recent sales of similar plots under similar conditions. The second is focusing on the expected production potential of the land taking into account socio-economic considerations; it is suitable for rural areas and in regions where there is either no functional market and/or where there are very few land sales. Materials and Methods: This paper aims to study the value management as a tool to the decision-making process, using the principles of real estat...
Land Use Policy
Application of spatial resource data to assist in farmland valuation
2012 •
Adriaan van Niekerk
AN ANALYSIS OF THE USE OF MASS APPRAISAL METHODS FOR AGRICULTURAL PROPERTIES
misty valley
Rural amenities and farmland values
2003 •
Elena Irwin
Farmland value reflects the economic returns from the various products and services available from that land. Buyers and sellers agree on a price that captures expected income from the relevant outputs. Among the farmland services are certain amenities, some of which the landowner may withhold from non-payers and others for which exclusion costs are very high.
Acta Agraria Debreceniensis
Possibilities of mass valuation in land use in Hungary
2021 •
Ferenc Buzas
Technological development makes it possible to simplify and accelerate decision-making processes by adequately processing and evaluating large volumes of data. Sub-data obtained from large data sets have a very important practical role in asset valuation, forecasting and valuing delineated or difficult-to-map areas, or in the context of portfolio management. Land valuation is a separate segment within asset valuation and it requires a specific methodological approach on behalf of evaluators. In this study, the authors compared the transaction data of arable land and the value of other land use categories. Based on empirical assessments, the authors developed proposals for the fast and cost-effective determination of the value of land use categories other than arable land - mainly meadows and pastures.