The empirical experience for a comparison between land value and market value: the case of Milan | Land Portal

Resource information

Date of publication: 
June 2014
Resource Language: 
ISBN / Resource ID: 
DOAJ:f6b8e9ffa55e4924bf4e5c4cf4acbe12
Pages: 
24
Copyright details: 
http://www.territorioitalia.agenziaentrate.it

The project evaluates the quality of the cadastral classification of the city of Milan determined by an index of the deviation between the value of the land and the most likely market value of immovable property. The processing was done on the whole building cadastral ordinary stock (categories A0* and C0*) consisting of more than 1,200,000 urban immovable properties. The determination, for each unit of urban real estate, of an index and of the relative value of its deviation was able to provide the model for a wide and detailed analysis that was useful for the definition of local tax policies and interventions aimed at the attainment of fiscal equalization. The geographical distribution of the index and the possibility to represent the data for different areas such as buildings, building complexes, blocks, neighbourhoods, regions or areas selected independently are, therefore, also particularly interesting.

Authors and Publishers

Author(s), editor(s), contributor(s): 

Silvia Brandodoro
Bruno Monti
Fabio Petterini

Publisher(s): 
Territorio Italia logo

Territorio Italia - Governo del territorio, catasto, mercato immobiliare è una rivista scientifica open access peer-reviewed, edita dall'Agenzia delle Entrate, che intende porsi come ponte tra la ricerca scientifica, che si svolge nel mondo universitario, e la Pubblica Amministrazione, che ha un ruolo di fondamentale importanza nel processo di ammodernamento del Paese.

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