Aestimum
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Published By Firenze University Press

1724-2118, 1592-6117

Aestimum ◽  
2021 ◽  
Vol 78 ◽  
pp. 145-159
Author(s):  
Nicola Lucifero

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Aestimum ◽  
2021 ◽  
Vol 78 ◽  
pp. 5-33
Author(s):  
Tiziano Tempesta ◽  
Isabella Foscolo ◽  
Nicola Nardin ◽  
Giorgio Trentin

In the last 30 years, numerous studies analysed the factors that affect land prices mainly using the Hedonic Pricing method. These studies have shown that many factors can affect land prices (e.g. land and surrounding territory characteristics, accessibility, proximity to urban area, etc.). However, they rarely addressed the analysis of the reliability of the models by comparing the estimated values to the observed one. Attempting to face this problem, our study analysed the land market of the “Conegliano Valdobbiadene Prosecco Superiore PGDO” area. Despite the quite high coefficient of determination (r2 = 0.76) and statistical significance of the model parameters, we found that the percentage absolute deviation between observed and estimated value is higher than 30% in 34% of cases. Our results seem to suggest that future researches should devote particular attention to the analysis of the discrepancies existing between estimated values and market prices in order to support the appraisal activity of professional valuers.


Aestimum ◽  
2021 ◽  
Vol 78 ◽  
pp. 105-143
Author(s):  
Francesca Nocca ◽  
Pasquale De Toro ◽  
Viktoriya Voysekhovska

The paradigm shift towards a more humanistic and ecological paradigm evoked by United Nations and the Green Deal is increasingly required in this period of growing unsustainability, especially during ongoing COVID-19 pandemic. The challenge today is to reduce poverty and inequalities, while preserving the vitality of natural ecosystems and ensuring inclusive economic growth and wellbeing, both now and in the future, thus including future generations. To this end, new models for city development and new tools for operationalizing them are necessary. This paper is focused on the circular economy model and, in particular, on the functional reuse of cultural heritage as the entry point for triggering circular processes in the cities. The attention is focused on the evaluation tools and a methodological proposal is presented starting from the Level(s) tool (developed by European Commission) for assessing the multidimensional impacts of cultural heritage functional reuse projects in the circular economy perspective.


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