Exogenous factors and market value: an appraisal model of capital gains in urban redevelopment programs in public/ private partnerships

Francesco Calabrò, Lucia Della Spina

Abstract


The proposed article aims to illustrate an experimental model applicable, in the planning stage, to an appraisal of the capital gains in a residential requalification in public/ private partnership. The model develops a method using a conventional cost value through a multicriteria model which evaluates the influence of qualitative exogenous variables to the market value of the property. The aim is to develop a synthetic procedure, transparent, shared and easy to use by the public authorities, in determining the total benefits associated with urban transformations, in order to achieve a fair sharing of profits between public and private entities.


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DOI: http://dx.doi.org/10.13128/Aestimum-13134



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