Review of international standards and guidelines for the evaluation of uncertainty

The author of the article provides an overview of recently published international and European standards and guidelines for dealing with the problem of uncertainty in the results of property valuation. Result of the analysis of these documents showed the following: unanimously recognized the need for analysis of estimation uncertainty, which is reflected primarily in the International Standard for estimation uncertainty; emphasizes disclosure issues uncertainty assessment results, contributions; question of a quantitative description of uncertainty is recognized problematic. As a simplified expression of uncertainty evaluation is recommended to specify a range in which the magnitude of the value.