Estimation of Land Value Increase due to Development Measures

This lecture by the instructor covers the estimation of land value increase resulting from development measures. It discusses the economic advantage of such measures, focusing on the increase in the market value of the land. Various elements for estimation, methods, and key points from legal advice are presented. The lecture explores the challenges of direct comparison in determining land value, the different approaches for estimating land value changes, and the considerations for different types of potential buyers. It also delves into the calculation of the value of undeveloped land, the arbitration process for different types of buyers, and the calculation of development value. The lecture concludes with examples and insights into various estimation methods.