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3 Dimensional data research for property valuation in the context of the LADM Valuation Information Model. / Kara, Abdullah; van Oosterom, Peter; Çağdaş, Volkan; Işıkdağ, Ümit; Lemmen, Christiaan.

In: Land Use Policy, 2019.

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@article{2007adfd70644fb1801efb611e615635,
title = "3 Dimensional data research for property valuation in the context of the LADM Valuation Information Model",
abstract = "Property valuation is a process that promotes sustainable development as it supports and forms several land management activities. Access to information on the legal, geometric, physical, locational and environmental characteristics of property units together with the economic indicators are required for an effective property valuation system. Traditional cadastral systems generally provide only two-dimensional (2D) legal and geometric information about property units, however, today's valuation practices would benefit significantly from three-dimensional (3D) information in order better to estimate and explain values of property units. The purpose of this paper is to examine how 3D spatial datasets and spatial analyses have been used in property valuation, and to develop 3D valuation unit profile(s) in line with the examination results for the recently proposed Valuation Information Model that extends the ISO 19152:2012 Land Administration Domain Model (LADM) from the valuation point of view. The study focuses more on 3D locational and environmental characteristics of property units; particularly visibility and especially viewshed analysis in terms of property valuation. By using open topography, building and height datasets of the Netherlands, a number of viewshed analyses are conducted to show how it can be utilized using different 3D data sources. The main contribution of the article is to present how 3D datasets and spatial analyses could be used to support property valuation activities and to investigate to what extent it is possible and meaningful to include derived 3D characteristics of property units in valuation registries.",
keywords = "3D GIS, Viewshed analysis, ISO 19152 Land Administration Domain Model (LADM), LADM Valuation Information Model, Property valuation",
author = "Abdullah Kara and {van Oosterom}, Peter and Volkan {\cC}ağdaş and {\"U}mit Işıkdağ and Christiaan Lemmen",
year = "2019",
doi = "10.1016/j.landusepol.2019.104179",
language = "English",
journal = "Land Use Policy",
issn = "0264-8377",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - 3 Dimensional data research for property valuation in the context of the LADM Valuation Information Model

AU - Kara, Abdullah

AU - van Oosterom, Peter

AU - Çağdaş, Volkan

AU - Işıkdağ, Ümit

AU - Lemmen, Christiaan

PY - 2019

Y1 - 2019

N2 - Property valuation is a process that promotes sustainable development as it supports and forms several land management activities. Access to information on the legal, geometric, physical, locational and environmental characteristics of property units together with the economic indicators are required for an effective property valuation system. Traditional cadastral systems generally provide only two-dimensional (2D) legal and geometric information about property units, however, today's valuation practices would benefit significantly from three-dimensional (3D) information in order better to estimate and explain values of property units. The purpose of this paper is to examine how 3D spatial datasets and spatial analyses have been used in property valuation, and to develop 3D valuation unit profile(s) in line with the examination results for the recently proposed Valuation Information Model that extends the ISO 19152:2012 Land Administration Domain Model (LADM) from the valuation point of view. The study focuses more on 3D locational and environmental characteristics of property units; particularly visibility and especially viewshed analysis in terms of property valuation. By using open topography, building and height datasets of the Netherlands, a number of viewshed analyses are conducted to show how it can be utilized using different 3D data sources. The main contribution of the article is to present how 3D datasets and spatial analyses could be used to support property valuation activities and to investigate to what extent it is possible and meaningful to include derived 3D characteristics of property units in valuation registries.

AB - Property valuation is a process that promotes sustainable development as it supports and forms several land management activities. Access to information on the legal, geometric, physical, locational and environmental characteristics of property units together with the economic indicators are required for an effective property valuation system. Traditional cadastral systems generally provide only two-dimensional (2D) legal and geometric information about property units, however, today's valuation practices would benefit significantly from three-dimensional (3D) information in order better to estimate and explain values of property units. The purpose of this paper is to examine how 3D spatial datasets and spatial analyses have been used in property valuation, and to develop 3D valuation unit profile(s) in line with the examination results for the recently proposed Valuation Information Model that extends the ISO 19152:2012 Land Administration Domain Model (LADM) from the valuation point of view. The study focuses more on 3D locational and environmental characteristics of property units; particularly visibility and especially viewshed analysis in terms of property valuation. By using open topography, building and height datasets of the Netherlands, a number of viewshed analyses are conducted to show how it can be utilized using different 3D data sources. The main contribution of the article is to present how 3D datasets and spatial analyses could be used to support property valuation activities and to investigate to what extent it is possible and meaningful to include derived 3D characteristics of property units in valuation registries.

KW - 3D GIS, Viewshed analysis

KW - ISO 19152 Land Administration Domain Model (LADM)

KW - LADM Valuation Information Model

KW - Property valuation

UR - http://www.scopus.com/inward/record.url?scp=85072246703&partnerID=8YFLogxK

U2 - 10.1016/j.landusepol.2019.104179

DO - 10.1016/j.landusepol.2019.104179

M3 - Article

JO - Land Use Policy

T2 - Land Use Policy

JF - Land Use Policy

SN - 0264-8377

M1 - 104179

ER -

ID: 57076845