Print Email Facebook Twitter Utilizing 3D building and 3D cadastre geometries for better valuation of existing real estate Title Utilizing 3D building and 3D cadastre geometries for better valuation of existing real estate Author Isikdag, U. Horhammer, M. Zlatanova, S. Kathmann, R. Van Oosterom, P.J.M. Faculty Architecture and The Built Environment Department Urbanism Date 2015-05-17 Abstract Valuation of the properties is known as real estate appraisal, property valuation or land valuation and is a process which focuses on determining the value of a building or a land lot. The valuation of each real estate is required prior to any transaction as every property is unique in terms of shape, volume, location, orientation, quality and as the transactions on real estate occur less frequent then usual business transactions. The valuation can be accomplished to determine the amount of mortgage loans, for setting the tax value, and also for determining the market value for sales transactions. The earlier analysis of the authors regarding the current valuation practices in Turkey, United Kingdom, USA, Germany, and The Netherlands portrayed that property valuation and valuation for taxation is not currently significantly benefiting from digital 3D Building Models and 3D Cadastres. The overall research investigates the utilization of building/cadastral information models in derivation of valuation-related information. Following a literature review of building and land administration models, the paper elaborates on information requirements for valuation related to 2D and 3D geometries and Rights, Restrictions, Responsibilities (RRRs) associated with land lots and buildings. The papers concludes by indicating the role of “streetview” images and 3D models in enhancing the presentation of valuation information. To reference this document use: http://resolver.tudelft.nl/uuid:4253db43-a734-4641-ab6b-cd13742ec279 Publisher International Federation of Surveyors (FIG) ISBN 978-87-92853-35-6 Source Proceedings FIG Working Week 2015 'From the wisdom of the ages to the challenges of modern world', Sofia, Bulgaria, 17-21 May 2015 Part of collection Institutional Repository Document type conference paper Rights (c) 2015 The Author(s) Files PDF 322492.pdf 511.69 KB Close viewer /islandora/object/uuid:4253db43-a734-4641-ab6b-cd13742ec279/datastream/OBJ/view