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Valuation of real estate, including land plots, is the process of obtaining the market value of the property, and this is a series of operations. This operation is risky both from a legal and economic point of view.

Valuation of real estate, including the valuation of land plots, increasing the market value of the property is an energy process. Several factors can be used and used for this calculation.

Main Factors of Valuation of Real Estate:

Position and Location of the Land Plot:
The geographical proximity of the land, infrastructure (road, electricity, water, gas), natural environment and environmental factors affect the price.
The proximity of the land to urban centers or other areas of economic activity can lead to a full price.
Suitability of the Land Plot for the Purpose:
The agricultural, industrial, residential or commercial use of the land plot affects the price. The price of each type of land may be different.
Legal Status and Documents:
The legal status of the land plot, i.e. legality, right of use, disputes between individual entrepreneurs and other legislative acts affect the process.
Registration and documentation of the land plot (for example, state registration of the land) can affect the price.
Physical Characteristics of the Land:
The size, shape, topography of the land and soil type are certain results during the calculation. For example, flat and large plots may have a higher price.
Supply and Demand Status in the Market:
Supply and demand are also important factors affecting the price in the real estate market. If the demand for land is full, the price may also be high.
Legal Requirements for Real Estate Valuation:

In the process of real estate valuation in Azerbaijan, according to several rules:

Appraisers must have certificates and licenses.
Any manipulation or inaccuracy in the valuation process may lead to legal liabilities.
Land Valuation and Economy:

Land valuation is very important for the country's economy:

Investment and development: Accurate valuation of land prices determines the direction of domestic and foreign investments.
Tax revenues: Real estate valuation helps ensure the accuracy of state tax revenues.
Social and economic development: Highly valued land plots help develop strategies to ensure interregional balance.
Real estate and land productivity are an integral part of the modern economy, and this accuracy and objectivity are essential.