Comparative Analysis of Mass Valuation Methods for Multi-Dwelling Buildings in Latvia and Sweden

“Scientific Problems of Engineering Economics of Construction and Real Estate Management, Regions and Territories Development ICEREE’2019” organized within 60th International Scientific Conference of Riga Technical University: Book of Abstracts 2019
Renāte Muskate, Tatjana Tambovceva

The aim of the paper is to analyse and compare the different approached to cadastral valuation of the multi-dwelling buildings in Sweden and Latvia. The results yield several differences between both systems such as frequency of cadastral valuation, methods for gathering precise data and adjustment coefficient of 75% that Sweden has introduced. Swedish authorities frequently update their valuation models in order to develop their accuracy while Latvia has chosen to freeze cadastral values for period of time till 2020 until it resolves the deficiencies with it cadastral valuation models. However, the existing deficiencies have not been made public information.

Keywords
Cadastral valuation, Real iestate, Valuation models, Cadastral values
Hyperlink
http://buni.rtu.lv/wp-content/uploads/sites/68/2019/09/ICEREE-2019-Abstracts.pdf

Muskate, R., Tambovceva, T. Comparative Analysis of Mass Valuation Methods for Multi-Dwelling Buildings in Latvia and Sweden. In: “Scientific Problems of Engineering Economics of Construction and Real Estate Management, Regions and Territories Development ICEREE’2019” organized within 60th International Scientific Conference of Riga Technical University: Book of Abstracts, Latvia, Riga, 27-28 September, 2019. Riga: RTU Press, 2019, pp.29-30. ISBN 978-9934-22-369-3.

Publication language
English (en)