When single-family lots are valued for development of new residential areas,the valuation is influenced by several factors. The valuation is a matter ofdefinition that varies according to its interpreter. Previous research conductedin other countries, has identified a number of value-influencing factors. Thesefactors are the basis for this study.The study's purpose is to highlight the value-influencing factors thatcustomers value and are looking for in the choice of single-family lots. Thestudy also seeks to determine if there is an unknown difference between howprofessionals and clients value single-family lots.The study showed that the value factors considered important for customersand also professionals are consistent and applicable with the factors reportedfrom previous research. These value factors are the location, adjacentneighboring areas, public transportation service, house plot size and proximityto the community, bodies of water and schools. For the Swedish market fourvalue-influencing factors not mentioned in the previous research wereidentified. The additional factors are; the selling price of the single-family lot, acorner placement lot, connecting bicycle path and walkway and lot withorientation south and west. The previous research mentioned also three valueinfluencingfactors that were not identified in the Swedish study. These factorswere; distance to the highway, municipal tax rate and access to the singlefamilylot.The study showed that the parties generally have good knowledge of oneanother´s valuation of single-family lots. This study focused mainly on theprofessional’s knowledge of the customer’s value-influencing factors. Theprofessionals base their valuation on incurred development costs, local priceassessments and a consideration of customer’s value-influencing factors. Thisknowledge is important for real estate appraisers and developers when settinga value on single-family lots, to be able to determine the most accurate value.The study is limited to Swedish medium-sized cities and was performed inKarlstad and Hammaro, which together have a population of approximately100,000 inhabitants. The data was collected through both a qualitative and aquantitative method approach, intended to reflect both professionals andcustomers perspectives. The qualitative method approach consisted of openand individual interviews with experienced professionals. The quantitative7method approach consisted of an online questionnaire, which was answeredby existing and potential customers. The empirical data for the qualitativemethod approach is presented in text and the quantitative method approachby the empirical data presented in tabular form.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:kau-28514 |
| Date | January 2013 |
| Creators | Johansson, Frida, Höglund, Elin |
| Publisher | Karlstads universitet, Avdelningen för företagsekonomi, Karlstads universitet, Avdelningen för företagsekonomi |
| Source Sets | DiVA Archive at Upsalla University |
| Language | Swedish |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
Page generated in 0.0028 seconds