Approximation of separate land market data bases by means of A. Foster’s probability curve

Abstract

Distinguish the market and normative price of the land. Features of process of estimation of cost of the land – availability of two kinds of valuation: appraisal and mass-appraisal. To valuation of the market cost of the land area methods conventional on West of valuation of real estate are applied. To land-tax and assessments for land-owning a technique of complex economic valuation of the land is used. On a measure deepening of the market relations the land gradually becomes the goods. The ground bargains are already carried out there, where it is called by economic needs. As far as the land relations are adjusted land, instead of by the civil legislation, the valuation of the land has specific character and differs from valuation of other objects real estate.