Value Impairment of Contaminated Real Estate

Value Impairment of Contaminated Real Estate

Market actors have already recognised the effects of different pollution sources on the surrounding real estate; however, in the Central European environment, both appraisers and non-professionals are highly unsure of how to determine the value of the deterioration caused. In this article we are to...

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Veröffentlicht in:Periodica polytechnica. Social and management sciences 2014, Vol.22 (2), p.141-148
Hauptverfasser: Horváth, Kálmán, Hajnal, István
Format: Artikel
Sprache:eng
Schlagworte:
Contamination
Environmental protection
Fear & phobias
Open market operations
Pollution
Property values
Stigma
Studies
Sustainability
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container_title Periodica polytechnica. Social and management sciences
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creator Horváth, Kálmán
Hajnal, István
description Market actors have already recognised the effects of different pollution sources on the surrounding real estate; however, in the Central European environment, both appraisers and non-professionals are highly unsure of how to determine the value of the deterioration caused. In this article we are to classify the available methods described in international literature and to introduce the preconditions for their utilisation. Many options and methods are available to specialists; it is advised to avail of them as soon as possible, in the interest of estimating the economic effects as well as ensuring a solution to any subsequent disputes.
doi_str_mv 10.3311/PPso.7389
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source EZB-FREE-00999 freely available EZB journals; Alma/SFX Local Collection
subjects Contamination
Environmental protection
Fear & phobias
Open market operations
Pollution
Property values
Stigma
Studies
Sustainability
title Value Impairment of Contaminated Real Estate
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