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Received 30.07.2021

Revised 12.11.2021

Accepted 10.12.2021

Retrieved from Iss. 110, 2021

Pages 99 -107

  • 111 Views

Suggested citation

Bondarenko, L., & Kushnirova, O. (2021). RESEARCH OF ENVIRONMENTAL RISK FACTORS IN ESTIMATION OF REAL ESTATE. Automobile Roads and Road Construction, (110), 99-107. https://doi.org/10.33744/0365-8171-2021-110-099-107

RESEARCH OF ENVIRONMENTAL RISK FACTORS IN ESTIMATION OF REAL ESTATE

Liudmyla Bondarenko Oksana Kushnirova

Abstract

The paper investigates environmental risk factors that determine the value of real estate assets and make valuation decisions. It is determined that the components of the environment are the object of the cumulative impact of environmental risk, and indirectly through them are real estate objects and people. Among all the environmental components, the most decisive is the atmosphere, as the harmful substances coming from the atmospheric air into the human body are absorbed most intensely. The main criterion for environmental risk assessment is the degree of influence of harmful substances on the health of the population. The systematization of environmental risk factors, which provides an analysis of the causes, sources and sig nificance of negative material and physical impact in the study area with the separation of two qualitatively different types of environmental risk: direct and indirect. Both positive and negative environmental factors that affect the value of real estate are listed. It is proposed to determine environmental risk as part of a probabilistic approach to assess the deterioration of life due to the deterministic and stochastic effects of environmental pollution surrounding a real estate object. Dependencies for quantitative estimation of direct and indirect en vironmental risks are determined. Conceptual bases for objective consideration of negative environmental fac tors of material and physical nature in the developed territories have been developed. 

Keywords:

environmental risk, real estate, object of valuation, management decisions

References

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https://doi.org/10.33744/0365-8171-2021-110-099-107

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