DETERMINING THE MARKET VALUE FOR AGRICULTURAL AND LIVESTOCK PROPERTIES

Determining the market value for agricultural and livestock buildings involves considering various factors related to the structures, their functionality, and the overall agricultural market. The current trends and demand in the agricultural sector can influence property values. The geographical loc...

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Main Authors: Silvia CHIOREAN, Tudor SĂLĂGEAN, Ioana Delia POP, Florica MATEI, Mircea VARGA, Mircea-Emil NAP
Format: Article
Language:English
Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2024-01-01
Series:Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
Online Access:https://managementjournal.usamv.ro/pdf/vol.24_2/Art27.pdf
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author Silvia CHIOREAN
Tudor SĂLĂGEAN
Ioana Delia POP
Florica MATEI
Mircea VARGA
Mircea-Emil NAP
author_facet Silvia CHIOREAN
Tudor SĂLĂGEAN
Ioana Delia POP
Florica MATEI
Mircea VARGA
Mircea-Emil NAP
author_sort Silvia CHIOREAN
collection DOAJ
description Determining the market value for agricultural and livestock buildings involves considering various factors related to the structures, their functionality, and the overall agricultural market. The current trends and demand in the agricultural sector can influence property values. The geographical location of the property plays a significant role in determining its market value. The size and capacity of the buildings are also crucial factors. The impact of environmental factors, such as soil quality and climate conditions, on the property's productivity can influence its market value. The purpose of this work is to highlight the criteria that influence the market value for such a specialized property. In this study, nine plots of land, along with the agricultural and industrial buildings situated on them, located in Călărași County, Romania were the subject of valuation. For this, The Cost Approach was used. Also, within this method, a special importance is given to the estimation of the land’s market value, in this regard The Direct Comparison Method was utilized. In conclusion, it was observed that the largest percentage of the market value of the subject property comes from the buildings situated on the land plots and not from the free land.
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institution Kabale University
issn 2284-7995
2285-3952
language English
publishDate 2024-01-01
publisher University of Agricultural Sciences and Veterinary Medicine, Bucharest
record_format Article
series Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
spelling doaj-art-dec8d0c1bfe544f4adb8e26404625a822025-08-20T03:45:39ZengUniversity of Agricultural Sciences and Veterinary Medicine, BucharestScientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development2284-79952285-39522024-01-01242273280299DETERMINING THE MARKET VALUE FOR AGRICULTURAL AND LIVESTOCK PROPERTIESSilvia CHIOREANTudor SĂLĂGEANIoana Delia POPFlorica MATEIMircea VARGAMircea-Emil NAPDetermining the market value for agricultural and livestock buildings involves considering various factors related to the structures, their functionality, and the overall agricultural market. The current trends and demand in the agricultural sector can influence property values. The geographical location of the property plays a significant role in determining its market value. The size and capacity of the buildings are also crucial factors. The impact of environmental factors, such as soil quality and climate conditions, on the property's productivity can influence its market value. The purpose of this work is to highlight the criteria that influence the market value for such a specialized property. In this study, nine plots of land, along with the agricultural and industrial buildings situated on them, located in Călărași County, Romania were the subject of valuation. For this, The Cost Approach was used. Also, within this method, a special importance is given to the estimation of the land’s market value, in this regard The Direct Comparison Method was utilized. In conclusion, it was observed that the largest percentage of the market value of the subject property comes from the buildings situated on the land plots and not from the free land.https://managementjournal.usamv.ro/pdf/vol.24_2/Art27.pdf
spellingShingle Silvia CHIOREAN
Tudor SĂLĂGEAN
Ioana Delia POP
Florica MATEI
Mircea VARGA
Mircea-Emil NAP
DETERMINING THE MARKET VALUE FOR AGRICULTURAL AND LIVESTOCK PROPERTIES
Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
title DETERMINING THE MARKET VALUE FOR AGRICULTURAL AND LIVESTOCK PROPERTIES
title_full DETERMINING THE MARKET VALUE FOR AGRICULTURAL AND LIVESTOCK PROPERTIES
title_fullStr DETERMINING THE MARKET VALUE FOR AGRICULTURAL AND LIVESTOCK PROPERTIES
title_full_unstemmed DETERMINING THE MARKET VALUE FOR AGRICULTURAL AND LIVESTOCK PROPERTIES
title_short DETERMINING THE MARKET VALUE FOR AGRICULTURAL AND LIVESTOCK PROPERTIES
title_sort determining the market value for agricultural and livestock properties
url https://managementjournal.usamv.ro/pdf/vol.24_2/Art27.pdf
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AT floricamatei determiningthemarketvalueforagriculturalandlivestockproperties
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