Year: 2014
Type: dissertation
Study design: Observational Study
Abstract: Today's real estate buyers value the purchase different today compared to a decade back. Previously it was the return value that ruled the market. This has created problems when the broker must allocate the purchase price of the property's various elements, because non-monetary values such as forest for leisure, recreation, and the feeling of owing has increased in recent years and an increasingly important part in the valuation process. \nThe assessed value can be a guide, but is perceived today to be stereotyped to put a fair value at the individual item. \n \nThe purpose of this study was to provide the real estate agent decision support and a guide to the likely value of accounting for the purchase price. \n \nThe report is written on behalf of LRF Konsult. The result is based on a questionnaire survey which was conducted in June 2014 among all those who had bought a farming property in Dalarna and Gävleborg province mediated by LRF Konsult in 2013. \n \nThe report was made with a split to see if the valuation and motives differ between new and previous owners. It was possible to see a big difference in the reason for the purchase, where a large share of new owner bought the land for capital investment, in contrast to previous owners whose biggest group bought for an active use. \n \nAt several points it was possible to identify a higher non-monetary value of the new owner from the previous landowner. It was also visible a pattern that gives an indication of the non-monetary value does not increase proportionately with the area.
Author: Thomas Persson
Language: Swedish
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W206938612