The Current Approaches of Land Evaluation

Cristina Mihaela Onica (), Carmen Mihaela Cretu (), Florentina Moisescu () and Nicoleta Constandache ()
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Cristina Mihaela Onica: Dunarea de Jos University
Carmen Mihaela Cretu: Danubius University of Galati
Florentina Moisescu: Dunarea de Jos University
Nicoleta Constandache: Danubius University of Galati

Acta Universitatis Danubius. OEconomica, 2015, issue 11(6), 50-57

Abstract: Land evaluation is a topical issue, especially now when people speak increasingly more about population growth and its need for new living spaces. In this sense the land evaluation methodology direct comparison and extraction method, always remain timeless. The two methods were aimed for more accurate determination of assessed land value. Following application of the two methods, respecting International Valuation Standards, recommendations and work methodology recommended by ANEVAR, it was concluded that the best method of valuing land in question is the direct comparison method.

Keywords: direct comparison method; method of extraction; evaluation; market value; price (search for similar items in EconPapers)
Date: 2015
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