Peculiarities of land plots estimation under condition of insufficient information about proprietary rights transactions in Moscow

The authors of the article are analyzing the praxis of estimating market value of plots of land in Moscow. They observe applicability of estimation of property value for plots of land under terms of certain methods of estimation. While analyzing property in terms of direct sales comparison, a new approach to calculation of price adjustment amount for every tenancy object of comparison is being justified. The conclusion is being made that the suggested approach allows to solve the problem of estimating land plots under condition of limited and undeveloped markets as well as under condition of insufficient information about proprietary rights transactions.