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2021 | OriginalPaper | Buchkapitel

An Analysis of the Methods Applied for the Assessment of the Market Value of Residential Properties in Italian Judicial Procedures

verfasst von : Francesco Tajani, Felicia Di Liddo, Paola Amoruso, Francesco Sica, Ivana La Spina

Erschienen in: Computational Science and Its Applications – ICCSA 2021

Verlag: Springer International Publishing

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Abstract

The present research analyzes the main methods implemented for the assessment of the market value of residential properties in Italian judicial procedures. This value represents the reference for the “starting price” in the subsequent property auctions. An Italian study sample of 514 residential properties assessed by technicians in judicial procedures between November 2020 and March 2021 has been collected.
The analysis shows that almost 58% of the studied dataset have used indirect sources (e.g. quotations published by public and private entities/operators) for the market value assessment, whereas about 27% do not specify the approach and/or the data elaborated for the evaluation. Only 15.4% have implemented approaches provided by the International Valuation Standards (IVS): in particular, 4.9% have used a market approach method, 1.4% have applied the direct capitalization method, 9.1% have combined different approaches for checking the results obtained through an IVS method or for considering an arithmetical average of the outputs assessed.

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Metadaten
Titel
An Analysis of the Methods Applied for the Assessment of the Market Value of Residential Properties in Italian Judicial Procedures
verfasst von
Francesco Tajani
Felicia Di Liddo
Paola Amoruso
Francesco Sica
Ivana La Spina
Copyright-Jahr
2021
DOI
https://doi.org/10.1007/978-3-030-86979-3_10