Guidance notes on the preparation of valuation reports for assessment appeals purpose

This article describes the features of the application of a methodology and preparation of valuation reports for assessment appeal purposes - estimation the cadastral value of the property as equal to its market value. The author provides the detailed description of the cadastral value definition, touches the futures of real estate market value estimation for taxation purposes. It’s also considered the special assumptions which to be applied in assessment appeal valuations, and provides guidance to comparative and income approaches as for land sites assessments and for buildings and other land imp rovements.