Town-planning value of territory as the basis of the evaluation of zoning when conducting cadastral valuation of real estate

Abstract

In modern Russian conditions, the correct determination of cadastral value is one of the most important tasks that stimulate the functioning, sustainable growth and development of the country’s economy. Science-based mechanism of cadastral valuation will contribute to the building of stable economic relations between the state and society. Unjustified changes in cadastral value may have a negative impact on the budget of the municipality and the interests of the owners. In this connection, the determination of cadastral value on the basis of science-based methods and approaches is a priority; allowing revealing the potential and reserves of settlements, to carry out urban policy aimed at increasing the urban value of the territories. The available methodological basis does not fully explain the essence of price zoning, a number of significant factors of urban value of the territory, such as infrastructure and existing buildings, and, as a consequence, their impact on the algorithm for determining the cadastral value are missed. The use of General scientific methods, theoretical, economic and statistical analysis and modeling allowed clarifying the methodology of cadastral evaluation, taking into account the impact of zoning and urban value of the territories on the result of cadastral evaluation. The proposed model for calculating the urban value of the territory is based on the computer program developed by the authors, the use of which allows scientifically correct cadastral value of the estimated real estate and will contribute to a socially fair and “transparent” mechanism of taxation of real estate.