title: The cadastral value as a tool for monitoring the real estate market value
metadata.name: dc.contributor.author
metadata.value: Laskin, Mikhail B.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Gadasina, Lyudmila V.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Zaytseva, Ekaterina A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2021-06-07T19:54:26Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2021-06-07T19:54:26Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2021-03
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Laskin M. B., Gadasina L. V., Zaytseva E. A. (2021) The cadastral value as a tool for monitoring the real estate market value. St Petersburg University Journal of Economic Studies, vol. 37, iss. 1, pp. 84–108.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2021.104
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/29243
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: In the theory and practice of real estate valuation, in analytical studies of the dynamics of
  real estate markets there is a problem of tracking changes in market prices. The apparent simplicity
  of this task leads to the fact that in everyday practice both market participants and
  professional analysts are satisfied with observations of average prices. The advantage of this
  traditional approach is computational simplicity. However, in the conditions of presence of a
  large number of special software and extensive statistical material can be used more complex
  research methods. The purpose of this article is to research big current market data of real
  estate objects and compare these data with the cadastral value determined in accordance with
  Russian legislation as the market value at the specified date. In this regard, there are problems
  associated with the multidimensional distribution of market prices and cadastral values. The
  article presents the method of calculation of changes of the real estate market prices on the
  basis of comparison of two-dimensional prices distributions of offers and cadastral prices for
  two periods. The main problem in studying the dynamics of real estate market prices is the
  inability to track the change in market prices for each property, as objects are constantly put
  up for sale and removed from it. The work carried out in the Russian Federation in 2014 to
  establish the cadastral value of real estate opens opportunity to analyze two-dimensional distributions
  of current market and cadastral prices and to assess the dynamic characteristics of
  the market for any real estate objects. The main result of article is the method which allows to apprise the market value of real estate in real time when new market data come by their
  comparison with the previously established cadastral value. Cadastral value is assumed to be
  defined as market value at the valuation date.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: The research was funded by the Russian Foundation for Basic Research (project no. 20–01–00646 (А)).
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 37; Issue 1
metadata.lang: -
metadata.name: dc.subject
metadata.value: real estate market value
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: cadastral value
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: two-dimensional logarithmically normal distribution
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: multidimensional statistical analysis in real estate appraisal
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The cadastral value as a tool for monitoring the real estate market value
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 84-108.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/29243/1/84-108.pdf
resources.format: Adobe PDF
resources.size: 1,02 MB