Hindrance and Benefits to Green Building Implementation: Evidence from Benin City, Nigeria

• Autorzy: Paul C. Anih , Sunday Usenemana
• Języki publikacji: EN

Abstrakty

EN

Variance in the cost method of valuation as caused by certain variables is objectionable in the profession of estate surveying and valuation at both local and international best practices. The study aimed at determining the variables for the variance in the application of the cost method of valuation for estate surveying and valuation practice in Uyo. The sample of the population used for the research comprised 110 estate surveyors in Uyo. The survey method was used for the research. The sampling technique was purposive sampling. The data were analyzed using standard deviation and analysis of variance (ANOVA). The findings showed that depreciation rates of σ2 =113.974 and σ = 10.676 were over 60% of the total variance of values among estate surveyors and valuers. The construction rates and errors in manual measurements and computation of areas, volumes and dimensions showed σ2 = 6.004 and σ = 2.4503, which accounted for 15% of total variance. The study recommends the use of a regional-based scientific approach to measure depreciation for consistency and high precision. Automated techniques, such as GPS, AutoCAD, Google Earth pro, are recommended to minimize variance in measurements. (original abstract)

Słowa kluczowe

EN

Valuation; Variance analysis; Real estate's value; Google Earth

PL

Wycena; Analiza wariancji; Wartość nieruchomości; Google Earth

• Czasopismo: Real Estate Management and Valuation
• Rocznik: 2021
• Numer: vol. 29, iss. 3
• Strony: 77--86

Twórcy

autor

Paul C. Anih

• University of Uyo in Nigeria

autor

Sunday Usenemana

• University of Uyo in Nigeria

Bibliografia

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Identyfikatory

DOI

doi.org/10.2478/remav-2021-0023