Abstract

The aim of the article is to study, analyze and develop methods of the land cadastral valuation activity in the implementation of the procedure on revaluation of land facilities and operational adjustments, as well as to upgrade land evaluation results as a constantly functioning system for the effective planning of business activities for Cherkasy region in The aim of the article is to study, analyze and develop methods of the land cadastral valuation activity in the implementation of the procedure on revaluation of land facilities and operational adjustments, as well as to upgrade land evaluation results as a constantly functioning system for the effective planning of business activities for Cherkasy region in Ukraine. The cadastral evaluation must consider the market situations and trends the most. Frequency terms of the cadastral valuation for each of land categories and groups should be reviewed and individualized. The article analyzes the mechanism and features of types of work on updating the state cadastral land valuation in populated localities in Ukraine, in particular of Cherkasy region, for the first time. The authors found that the main drawback of types of work on the economic model of cadastral land valuation in populated localities is the duration of time intervals between rounds of the revaluation that causes a rapid information aging. The reason for this situation is related to the financial support of types of work and their large scale. The practical importance of research consists in conducting the revaluation (updating) of cadastral of land condition by Uman, as one of the most important objects of trade and consumer services in Cherkasy region in Ukraine. The cost of one square meter of such objects will increase, which will allow to increase the tax component in proportion and increasing profitability of budgets at the cluster level owing to actualization of the specific indicator of the cadastral value.

Highlights

  • Despite the considerable number of studies on various aspects of the economic model of the cadastral land valuation, currently, there is a problem in the research and development of a common methodology for the economic modeling of the cadastral land valuation for the business activity in Ukraine

  • The algorithm for calculating the cadastral value of assessment objects is the application of the The aim of the research was to study and choose method of the average cost factor to the developed approaches, methods and patterns to determine regression model (The Land Code of Ukraine: sci- the cadastral land value in populated localities of entific practical commentary, 2008)

  • As a result of the study, econometric models for calculating the ca- 2) land plots intended to accommodate the addastral value were developed and the quality of ministrative buildings, buildings of social semodels was analyzed for each group of land plots curity, physical education and sport, culture, in Cherkasy region

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Summary

Introduction

Despite the considerable number of studies on various aspects of the economic model of the cadastral land valuation, currently, there is a problem in the research and development of a common methodology for the economic modeling of the cadastral land valuation for the business activity in Ukraine. The purpose of the article is to study, analyze and develop methods of land cadastral valuation activities when the procedure of the reevaluation, operational adjustments and updating of land evaluation results as a permanently functioning system for the business activity is conducted. The main specific feature of urban lands is higher value of these areas in relation to other land categories by a few times. This is due to the high degree of urbanization and invested capital costs. Frequency terms of the cadastral valuation for each of land categories and groups should be reviewed and individualized. Such unit can be a land plot, the land plot with a residential building or other buildings, a part of the house, such as flat, and so on (everything that the property tax can be accrued on)

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