Future of value maps in European context

Gall, Jaroslav

For every actor on the real estate market information about the property value is important for making the correct decisions. This is the case for property owners, buyers, sellers, investors, real estate agents, developers, banks, insurers, as well as national institutions and court (ARKCR 2005). Land prices are the most complete economic indicators, which combines current urban structure effects and changing factors like local conditions, technical characteristics etc. The knowledge of land values is very crucial for successful urban development in all its different strategies and projects. One powerful and significant tool for development in the field of property tax and real property market is the land value map. The main purposes of the value map survey was to obtain information about the motivation of the governments and municipalities to create value maps, their main objectives to create them, value data sources, used software, use of mass appraisement, cost of implementation and up-dating of value maps, main users, publishing and accessibility of value maps to users etc. The results of this paper could help to show the next possible ways of value map development in international perspective. The outcome could help make suggestions to improve the system of value maps in the Czech Republic.

Event: XXIII International FIG Congress : Shaping the change

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Document type:Future of value maps in European context (236 kB - pdf)