Abstract

It is proposed to determine the economic value of real estate and natural resources of Russia on the basis of the Euler L. formula, according to which there is a continuous closed relief of economic potentials. Based on the calculated relief of the economic potentials of the space of property relations, the theoretical value of real estate objects and natural resources is calculated. The market price of transactions is a tool for determining (adjusting) the coefficients of the influence of price-forming factors, calculating the level of theoretical value, an indicator of the reliability of theoretical value.
 It is proposed to adopt an axiom: the theoretical value of a real estate object is an economic standard for its rational use.

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