Influence of requirements in automotive roads and their status on the estimation of propertty valuation characteristics

Nikolai Lykhostup, National Transport University, Associate Professor, Department of Transportation Construction and Property Management, https://orcid.org/0000-0001-8139-1768

 

Abstract: Features of the structure of the road economy, as part of the country's economy, affect the creation of a systematic methodology for assessing its property, when individual components will determine the peculiarities of the use and development of road infrastructure. To this end, for the purpose of assessing the property status of highways, which are the main component of the road economy, it is recommended to develop different models of approach to the definition of property valuation of highways.

In the article the directions and models of estimation of the property condition of highways are offered, with the use of different concepts of determining their needs in the infrastructure of the region's economy and the need to maintain them in the proper operating condition. The combination of needs and the state of highways is used as a conceptual criterion for the formation of models for their evaluation as property in the structure of the region's economy. According to this criterion, a road is considered as an object which:

A - provides social and administrative needs for the organization of motor transport in the region and the implementation of passenger transportation;

B - can make a profit as a result of its use;

C - is a part of the main productive assets of the region and the state as a whole, which should be maintained in good condition;

D - a national economic object of a specific purpose, which is used to provide activities of individual sectors of the economy.

The proposed structural classification of highways according to the conceptual criterion of their needs and conditions - A, B, C and D - is the basis for the formation of different models for assessing their property status, the peculiarities of which are discussed in the article. The main principle of such a classification of motor roads and transport facilities in general for the purpose of their property assessment is that they are considered as objects or sub-entities in the models of calculating the property of owners or users of transport facilities.

 

Article language: English

 

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Open Access: http://publications.ntu.edu.ua/avtodorogi_i_stroitelstvo/110/211.pdf

 

Online publication date: 25.02.2021

 

Print date: 01.02.2021

 

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