Influence of Pricing Factor Dimension on the Cadastral Cost of Urban Land Plot
Influence of Pricing Factor Dimension on the Cadastral Cost of Urban Land Plot

Summary/Abstract: This article is dedicated to the analysis of dependence of urban land cadastral cost on pricing factors, where eachfactor’s influence can be expressed through the system of various pricing factors. The article reveals major factorsinfluencing the cadastral cost of land plots, and proves that the influence of each of them could be expressed through thesystem of different estimated indicators. The article also provides options for such indicators with their statistical scales.The land fund of research objects – small and average cities of Murmansk region, is studied; lists of the estimatedindicators of pricing factors are created. The digital maps of these cities containing layers of borders of the estimated landplots, objects of social, engineering, transport infrastructure and other data necessary for mass assessment were createdby means of the geographic information system MAPINFO. Values of estimated indicators of factors are received. Severalfactor indicators showed weak degree of correlation dependence which testifies to impossibility of their interchangeabilitywhen forming statistical models. The influence of estimated indicator dimension on a type of statistical model of landcadastral cost is analyzed. Two test groups of different estimated factor indicators are created; the most significantindicators for each group are revealed using the method of correlation galaxies (by P.V. Terentiev). The statistical modelsof land cadastral cost calculation received on the basis of these indicators led to an essential difference in received costsof land plots which confirmed the hypothesis of the authors. Research results can be used when developing methodologysupport for mass cadastral assessment of urban lands in Russia.

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