Please use this identifier to cite or link to this item:
Title: Sustainable tax system design for use of mass real estate appraisal in land management
Authors: Bünyan Ünel, Fatma
Yalpır, Şükran
Keywords: Sustainability
Mass appraisal
Real estate valuation
Land administration
Land management
Tax system
Property Valuation
Random Forest
Issue Date: 2023
Publisher: Elsevier Sci Ltd
Abstract: Sustainable land management aims at land use by protecting nature. Real estate value is one of the important parts of land management, especially at the decision stages. The value associated with a major part of domestic real estate is tax value. The purpose of this study is to develop a tax system that is easy to understand and use as well as compatible with innovations. The sustainability of mass real estate appraisal is provided with legal, physical, locational, neighborhood and economic criteria according to ordinary and extraordinary conditions. The plots reserved for housing in urban areas were selected as the real property type with updates regarding appraised value for taxation. Valuation stages were discussed separately from general to detail, and coefficients were used under the current tax law. Sustainable mass plot appraisal system was designed by providing sustainable cycle economic and extraordinary criteria. The application was carried out in Konya/Lalebahce Neighborhood and the sustainability of the system was observed. A multiple regression model was created from the samples of 2015 and the real estate value estimation was made with the data of the criteria affecting the value. With the model obtained from the economic criteria of 2005-2015, the economic valuation rate of real estate was found for the years 2016-2021. The results were compared with 10 market sample data for the years 2020-2021. The values estimated by the economic valuation rate of the real estate in 2020 approached the market values with an average of +/- 7 % standard deviation and in 2021 with a +/- 14 % standard deviation. A sustainable mass appraisal system for taxation was successfully tested and its sustainability was observed.
ISSN: 0264-8377
Appears in Collections:Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collections
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collections

Files in This Item:
File SizeFormat 
  Until 2030-01-01
11.79 MBAdobe PDFView/Open    Request a copy
Show full item record

CORE Recommender


checked on Sep 16, 2023

Page view(s)

checked on Sep 25, 2023


checked on Sep 25, 2023

Google ScholarTM



Items in GCRIS Repository are protected by copyright, with all rights reserved, unless otherwise indicated.