scholarly journals MODELING CHANGES IN THE MARKET VALUE OF THE PROPERTY DURING THE CONSTRUCTION OF MAJOR ROAD TRANSPORT FACILITIES

2019 ◽  
Vol 3 (1) ◽  
pp. 78-84
Author(s):  
Maria Vyatkina ◽  
Alexey Dubrovsky ◽  
Anatoly Ershov
Keyword(s):  
Real Estate ◽  
Construction Projects ◽  
Market Value ◽  
Road Transport ◽  
Transport Infrastructure ◽  
Transport Accessibility ◽  
Urgent Task ◽  
Tax Payments ◽  
The Cost ◽  
The City

Transport infrastructure of the city affects the cadastral value of real estate. Transport accessibility of real estate affects the investment attractiveness of land. Transport accessibility increases the market value of the property. Modeling changes in the market value of real estate is an urgent task. Increasing the cadastral value of real estate and tax payments forms a model of investment in transport infrastructure. The article describes an example of modeling the increase in the price of land near the Central bridge of the city of Novosibirsk. The construction of the Central bridge is planned in 2019–2022. The new bridge increases the value of real estate. The cost of land increases by 50–100 %. The scheme of location of price zones is made. The increasing coefficients in the range from 1 to 2 are determined. Investors are given information about the increase in the value of land after the construction of the bridge. The payback period of construction projects is calculated.

scholarly journals EVALUATION AND DEPRECIATION ANALISYS OF THE IMMOBILE MARKET VALUE IN THE CITY OF CODÓ-MA.

2021 ◽  
Vol 9 (10) ◽  
pp. 312-332
Author(s):  
Yudson Samuel Vasconcelos Lima ◽  
Lucas Willian Braga Silva ◽  
Wellington Campos dos Santos ◽  
Paulo Ricardo Alves dos Reis Santos ◽  
Jefferson de Brito Sousa ◽  
...  
Keyword(s):  
Real Estate ◽  
Statistical Inference ◽  
Statistical Treatment ◽  
Market Value ◽  
Real Estate Market ◽  
The Real Estate ◽  
Construction Companies ◽  
The One ◽  
The Cost ◽  
The City

Due to the heterogeneity of the real estate market and its peculiarities, it is not always possible to develop a single model that is totally faithful and representative of the market reality, thus, the Evaluation Engineering is increasingly developing, with the use of increasingly advanced processes in the determination of the value of the good, such as the application of statistical inference and the use of physical depreciation. This study aims to determine the value of a property in the city of Codó-MA, using statistical inference through multiple linear regression and, later, to verify physical depreciation. The data were collected in the city of Codó,MA, in real estate, construction companies that work with the sale of houses, ads and, its statistical treatment was performed by the Sisdea software. After the statistical treatment some models were generated and the most effective one was used and the one that best met the requirements foreseen by NBR 14653-2 (2011) and, after the physical depreciation was verified by two different methods: survey of the cost of recovering the good and Ross Heidecke’s method. Finally, it was possible to determine the market value of the property and to make a critical analysis among the values found of physical depreciation by each method performed.

scholarly journals FACTORS OF FORMATION OF REAL ESTATE VALUE

2021 ◽  
Vol 3 (2) ◽  
pp. 79-86
Author(s):  
Anastasiya L. Ilyinykh
Keyword(s):  
Real Estate ◽  
Market Value ◽  
Land Resources ◽  
Correct Determination ◽  
Main Factors ◽  
Tax Payments ◽  
Effective Use ◽  
The Cost ◽  
Cost Factors

One of the most important prerequisites for the effective use of land resources and real estate objects is the correct determination of its cadastral or market value, which allows you to establish reasonable amounts of payments for land and real estate, primarily tax payments. The composition of the main factors of the formation of the value of real estate objects for the purposes of cadastral and market valuation is considered. The cost factors characteristic of residential premises are highlighted.

scholarly journals Methodology for Assessing the Transport Accessibility of Capital Objects in a Megacity Based on Geoinformation Data

2022 ◽  
Vol 12 (4) ◽  
pp. 400-415
Author(s):  
S. V. Mkhitaryan ◽  
Zh. B. Musatova ◽  
T. V. Murtuzalieva ◽  
G. S. Timokhina ◽  
I. P. Shirochenskaya
Keyword(s):  
Transport Infrastructure ◽  
Future Research ◽  
Infrastructure Development ◽  
Test Results ◽  
Transport Accessibility ◽  
Methodological Approaches ◽  
Secondary Information ◽  
Quantitative Indicators ◽  
The City ◽  
Housing Estates

Purpose: to present the author's methodology and the test results for calculating integral indicators of transport accessibility on the basis of weighted normalized private indicators for three housing estates in Moscow.Methods: the study is based on the application of methods for collecting factual material, its processing, systematic, comparative historical and structural-functional analysis, which were supplemented by multivariate analysis of secondary information using content analysis of existing methods for calculating indicators of transport accessibility of capital objects. The results and conclusions of the research are based on the use of the author's methodology for calculating integral indicators of transport accessibility based on weighted normalized private indicators for three housing estates in Moscow. The analysis of a possible set of criteria for assessing transport accessibility of housing estates in Moscow metropolis was carried out on the basis of the use of a geographic information system database GIS NextGIS QGIS.Results: a review of methodological approaches to the calculation of objective quantitative indicators characterizing the transport accessibility of capital objects is carried out; the author's methodology for calculating the integral indicators of the transport accessibility of residential complexes in Moscow is presented and tested on the basis of weighted normalized private criteria / indicators. The use of the authors’ methodology for calculating integral indicators of transport accessibility based on weighted normalized private criteria / indicators made it possible to calculate the values of indicators of transport accessibility for three housing estates in Moscow, calculate an integrated score for a set of transport accessibility criteria for each housing estate, to give a comparative quantitative assessment of their transport accessibility, to conduct a rating of housing estates in terms of their transport accessibility.Conclusions and Relevance: the presented results of approbation of the author's methodology for calculating the integral indicators of transport accessibility for housing estates in Moscow allow to conduct a comparative and dynamic analysis of housing estates (or larger units) transport accessibility. The results of such an analysis can be applied in order to develop programs for transport infrastructure development of the megacity as a whole, its certain districts and city parts, as well as to assess such programs efciency. The authors see the directions for future research in the defnition and calculation of indicators based on the city dwellers perception of the transport accessibility

scholarly journals The Prediction of Stakeholder participation in Project Execution on Completion of Urban Roads Transport Infrastructure Projects in Kenya

2020 ◽  
Vol 13 (6) ◽  
pp. 119
Author(s):  
Johnson Matu ◽  
Dorothy Ndunge Kyalo ◽  
John Mbugua ◽  
Angeline Sabina Mulwa
Keyword(s):  
Stakeholder Engagement ◽  
Construction Projects ◽  
Survey Design ◽  
Stakeholder Participation ◽  
Road Construction ◽  
Road Transport ◽  
Transport Infrastructure ◽  
Infrastructure Projects ◽  
Research Survey ◽  
Road Projects

This paper examines the influence of stakeholder participation in project execution on completion of road projects implemented by Kenya Urban Roads Authority. Descriptive research survey design was used for collection of both quantitative and qualitative data. Analysis was performed using correlation and regression analysis. The results were r = 0.796, R2 = 0.634, F (4, 209) = 90.503 and p<0.000<0.05. The findings revealed that stakeholder participation in project execution showed a strong, positive and statistically significant relationship with completion of urban road transport infrastructure projects and accounted for 63.4% of total variation in such projects. The study recommends government agencies should endeavour should work together during project implementation to ensure that service lines and acquisition of land is done ahead of time to avoid delay in completion. This will aim at ensuring quality work is achieved by both the client and the consultant through a collaborative stakeholder engagement. In conclusion, the findings of this study will shape the future of road construction and stakeholder engagement in road construction projects.

scholarly journals Assessment of the Impact of Public Transport Accessibility on the Value of Urban Residential Real Estate

2021 ◽  
Vol 20 (1) ◽  
pp. 62-83
Author(s):  
E. V. Leontev ◽  
◽  
I. A. Mayburov ◽  
Keyword(s):  
Real Estate ◽  
Public Transport ◽  
Real Estate Market ◽  
Transport Infrastructure ◽  
Lower Sensitivity ◽  
Residential Real Estate ◽  
Metro Station ◽  
Average Value ◽  
The Cost ◽  
The Impact

Currently, analysis of the impact of public transport on real estate and its value is widely demanded in the world. The analysis is used to plan investments in public transport and the efficiency of public transport networks. In Russia, such studies have been carried out mainly in the framework of the evaluation of specific properties, which does not make it possible to macroanalyze the urban public transport environment and compare them with each other. The aim of the work is to study the influence of the proximity of public transport infrastructure on the cost of urban residential real estate, to determine the average value of such an impact for Yekaterinburg. In this study, we intend to confirm the hypothesis about different influence of the proximity of a public transport stop on the cost of housing, taking into account the different set of attributes that characterize it. The calculations were carried out using the analysis of the supply of the real estate market, carried out with the method of multiple regression, simultaneously with the geo-positioning of real estate units on the map to calculate the distance of each object to the nearest public transport stop of a certain type. Based on the results of the calculations, a global tendency towards a higher cost of the properties that are close to tram stops or metro stations in Yekaterinburg is confirmed, and the share of the value of a property generated by the proximity of a public transport stop was calculated. The authors confirmed the hypothesis about varying sensitivity of residential real estate to the proximity of public transport stops. Newer homes have lower sensitivity to proximity to public transport stops than older ones. The obtained empirical evidence of the influence of public transport infrastructure on the value of residential real estate demonstrates the most significant contribution to the value of a real estate object, the proximity to the metro station in Yekaterinburg (3.0 – 12.0%). The tram infrastructure showed a slightly lower impact on the total cost of the facility (3.2 – 8.8%). The revealed interdependencies make it possible to apply the obtained data to forecasting the growth of the taxable base for property tax during the construction of new transport lines.

scholarly journals Land-Use Dynamics in Transport-Impacted Urban Fabric: A Case Study of Martin–Vrútky, Slovakia

Land ◽  
2020 ◽  
Vol 9 (8) ◽  
pp. 273
Author(s):  
Jana Nozdrovická ◽  
Ivo Dostál ◽  
František Petrovič ◽  
Imrich Jakab ◽  
Marek Havlíček ◽  
...  
Keyword(s):  
Land Use ◽  
Land Use Changes ◽  
Road Transport ◽  
Transport Infrastructure ◽  
Landscape Changes ◽  
The Past ◽  
The City ◽  
The Town ◽  
Past Conditions

The paper evaluates landscape development, land-use changes, and transport infrastructure variations in the city of Martin and the town of Vrútky, Slovakia, over the past 70 years. It focuses on analyses of the landscape structures characterizing the study area in several time periods (1949, 1970, 1993, 2003); the past conditions are then compared with the relevant current structure (2018). Special attention is paid to the evolution of the landscape elements forming the transport infrastructure. The development and progressive changes in traffic intensities are presented in view of the resulting impact on the formation of the landscape structure. The research data confirm the importance of transport as a force determining landscape changes, and they indicate that while railroad accessibility embodied a crucial factor up to the 1970s, the more recent decades were characterized by a gradual shift to road transport.

Quantifying the Impact of Development of the Transport Sector in Pakistan

2007 ◽  
Vol 46 (4II) ◽  
pp. 779-802 ◽  
Author(s):  
Rizwana Siddiqui
Keyword(s):  
Computable General Equilibrium ◽  
Public Investment ◽  
Road Transport ◽  
Transport Infrastructure ◽  
Transport Sector ◽  
Transport Services ◽  
Long Run ◽  
The Government ◽  
The Cost ◽  
The Impact

An efficient transport system is not only a pre-requisite for economic development but is also important to achieve the objective of economic integration in the world economy. Insufficient transport infrastructure results in congestion, delay delivery time, fuel waste, pollution and accident1 which built inefficiencies in the economy and costs the economy 4 to 6 percent of GDP each year [Shah (2006)and World Bank (2007)], which can be saved by investing in transport services. Realising its importance, the government of Pakistan has initiated National Trade Corridor Improvement Programme (NTCIP) in 2005 to improve logistic and transport infrastructure so that it can fulfill the demand of economy more efficiently. This five years programme includes all sectors that improve performance of corridor-high way namely, road transport, railways, airports, and ships etc. The objective of the programme is to reduce the cost of doing business and improve quality of services. The study quantifies the efficiency of transport sector by evaluating the impact of public investment to improve transport services on the economy in general and on cost of land transportation in particular; i.e., cost of freight and passenger movement and cost of externalities such as congestion, air pollution and accident. The outcome of the study depends on how improved facility is achieved, i.e., who bears the cost and who benefits etc. This paper assumes tax financed public investment that not only change domestic price and demand, but also welfare and poverty. The issue is analysed in computable general equilibrium framework taking into account inter linkages of transport sector with rest of the economy. First, a social accounting matrix (SAM) is developed with a detailed transport module. Then, a dynamic CGE model is developed around this SAM and simulations are conducted for short run and long run analysis of public investment in trans port sector.

Nature and Impact of Chinese and South African Engagement on the Development of the City of Lusaka

2020 ◽  
pp. 1-25
Author(s):  
Hangwei Li ◽  
Gilbert Siame
Keyword(s):  
South Africa ◽  
Real Estate ◽  
South African ◽  
Construction Projects ◽  
The Other ◽  
Economic Power ◽  
Private Capital ◽  
Chinese Investment ◽  
The Poor ◽  
The City

Abstract As Zambia’s chief administrative centre and a major financial, transportation, and manufacturing hub for the country, the City of Lusaka has become one of the fasted growing cities in Southern Africa. Encouraged by the Chinese government’s ‘going out’ policy, Chinese investment and trade with Zambia have risen dramatically since the 2000s. Chinese investment is increasingly shaping the growth of Lusaka City and its hinterland in significant ways. On the other hand, South Africa as a regional geo-economic power has also amplified its strategic engagement with Lusaka. The paper explores how these two geo-economic powers have shaped the development of the City of Lusaka. Findings show that investments from South Africa into the City are private capital backed and are predominantly in the retail and real estate sectors. Chinese engagement in the city are dominated by large government-related construction projects, which have often been state-backed. Analysing the findings through the lens of urban assemblage and polarisation, the paper argues that the City is increasingly becoming more socio-spatially divided with the poor being more adversely affected by the nature and location of investments.

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