Method of land valuation based on the use of market data on unified real estate listings

The author develops a method for estimating land, can significantly extend the amount of inputs, by bringing market information about sales of single properties, containing in its composition similar land. Application of the proposed method is especially important for the assessment of land on the date in the past in a situation where direct evidence is insufficient, and allows, based on common data separately to assess the value of land and improvements. The formulas for calculating the uncertainty (error) the evaluation result, depending on the amount of information available to the appraiser.