Formation of indicators of normative monetary valuation of industrial lands under influence of location factors
DOI:
https://doi.org/10.31548/zemleustriy2020.02.07Abstract
Abstract. Industrial lands occupy minor area in the structure of the land fund of Ukraine (less than 1%), but perform a very important function - act as a basis for the placement of the production means.
The normative monetary valuation of industrial lands is carried out in accordance with the Methodology of normative monetary valuation of non-agricultural lands (except for settlements) [1] and the Procedure for normative monetary valuation of non-agricultural lands (except for settlements) [2] and takes into account the metric characteristics of the land plots: (its area), rental income per unit area of the relevant category of land, capitalization period, coefficients that take into account the location, type of use and coefficient that takes into account the land belonging to the lands of environmental, health, recreational, historical and cultural purposes.
The article examines the impact of the coefficients that take into account the regional and local location of the land plot on the indicators of the normative monetary valuation of the industrial lands.
The calculations on the normative monetary valuation of the industrial land plots located on the territory of one cadastral quarter have been made.
It has been established that the indicators of the normative monetary valuation of the industrial land plots located on the territory of the given cadastral quarter are influenced only by the area of the land plot. The valuation indicators do not take into account the local features of the location of a specific land plot. This has advantages in terms of automation of the valuation process of the objects and allows avoiding the subjective interpretation of the manifestation of the local factors on a particular land by the valuator, but makes it impossible to take into account the peculiarities of each specific land plot.
Key words: normative monetary valuation, industrial lands, valuation process.
References
Resolution of the Cabinet of Ministers of Ukraine "Methodology of normative monetary valuation of non-agricultural lands (except for settlements)" №1278 (2011). Available at: http:// rada.gov.ua.
Resolution of the Cabinet of Ministers of Ukraine "Procedure for normative monetary valuation of non-agricultural lands (except for settlements)" №508 (2013). Available at: http:// rada.gov.ua.
Land Code of Ukraine: Adopted 25.10.2001 № 2768-III // Bulletin of the Verkhovna Rada of Ukraine. - 2002. - № 3-4. - Art. 27.
The structure of the land fund of Ukraine and the dynamics of its changes. Available at: https://land.gov.ua/info/struktura-zemelnoho-fondu-ukrainy-ta-dynamika-ioho-zmin/.
Downloads
Additional Files
Published
Issue
Section
License
Relationship between right holders and users shall be governed by the terms of the license Creative Commons Attribution – non-commercial – Distribution On Same Conditions 4.0 international (CC BY-NC-SA 4.0):https://creativecommons.org/licenses/by-nc-sa/4.0/deed.uk
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
