Estimation of land

The land market in Ukraine continues to develop actively. Under such circumstances, expert evaluation of the land becomes particularly relevant. Information on the market value of a land plot is necessary for the implementation of a successful sale transaction, inheritance of a land plot, registration of the right to own land, etc. The primary objective in concluding a profitable, successful purchase and sale transaction is an expert evaluation of the land plot. Information on the exact cost of the site will help you make the right decision.
Expert valuation of land is the determination of the exact value or value of the right to lease, it is used in conducting civil transactions on land issues. When assessing the land, factors on which its market value depends are taken into account. This is the location of the land and the influence of external factors, as well as supply and demand in the land market. If the site plans to erect real estate, take into account the availability of communications and the possibility of connecting to the communications of nearby infrastructure facilities.
Important in determining the cost of land is engineering geodetic and engineering-geological data. The cost of land is determined depending on the most effective use of the site for specific purposes.
The evaluation of the land plot is carried out under the following circumstances:
- Purchase and sale of land;
- at registration in rent, transfer in pledge, insurance;
- at liquidation or bankruptcy of the enterprise;
- in case of privatization of land plots;
- to obtain documentary evidence, both for judicial proceedings and for the execution of a transaction.
The assessment of the land has its own characteristics. Professional experts in the assessment of land share the concepts of "land" and "land". The term "land" is used when it comes to undeveloped territory, "land" - on the contrary, a territory ready for use. Depending on the methods of implementation, land valuation is divided into the following types:
- Soil classification. Data on soil classification is a part of the state land cadastre, based on which an economic assessment of agricultural land is carried out.
- The monetary valuation of the land plot is carried out at the conclusion of civil-law transactions, when regulating land relations. Monetary evaluation is of such types: normative and expert evaluation.
- Economic evaluation. Data on economic assessment is the basis for the implementation of expert monetary valuation of land and land.
The land is valued using such approaches: profitable (monetary evaluation of net income from land use), comparative (comparison of the cost of similar sites), land residual method (valuation using land improvement costs).
If you need to evaluate the land in Odessa, you will need such a package of documents:
- Passport of the owner of the land plot;
- state act on a piece of land. In the event that the state act does not have a cadastral number of the land plot, it is necessary to obtain a certificate of its appropriation.
The process of assessing the land begins with an inspection of the land, then the specialist conducts all the necessary work and produces a report on the evaluation of the land. The document that you provide a professional appraiser, has legal force and can serve as a guarantee of your rights to land in court, in case of conflict.
The acquisition of land has always been a successful investment. In order to carry out a profitable deal on buying and selling, it is necessary to find out the exact value of a land plot, for this purpose preliminary expert evaluation of the land is made.