GIS-Based Urban Land Property Valuation for Taxation Purpose: The Case of Akaki Kality sub city, Addis Ababa, Ethiopia

dc.contributor.advisorHamere Yohannes (PhD)
dc.contributor.authorTadilo Alemu
dc.date.accessioned2024-03-12T14:59:31Z
dc.date.available2024-03-12T14:59:31Z
dc.date.issued2024-01
dc.description.abstractLand valuation is the process of assessing the characteristics of a given piece of land grounded on experience and judgment, for different purposes like for transaction, mortgage, taxation, insurance, and so on. In this case the study concentrated on land property valuation for taxation purpose. It is considered that an owner should be able to pay taxes to the government in connection with his ownership, in terms of the government services he receives and the infrastructure provided to him. That is, a property owner who lives in an area with better infrastructure and government services will be taxed higher or vice versa. In the current situation, the land ownership registration and information agency of Addis Ababa city administration and land development management institutions in connection with land property valuation, especially the land property valuation service used for tax rate purposes follows the calculation method based on income capitalization and based on the current land property transaction value which, might not indicate whether the land property right holder is situated on well-developed infrastructures or not. That makes the system unfair, which does not follow the multiple requirements or parameters that affect a land property value. Therefore, this study will address and show the direction of the land and land-related valuation system especially for laving taxes, observed in the city administration specifically Akaki Kality sub city, for the study using multi-faceted criteria’s to develop land property valuation model and parcel data were integrated using ArcGIS to developed property valuation attribute table. The result indicated that the majority (35.16% and 28.88% respectively) of the total land area falls under the categories of very high land value and high land value. This indicated that these areas have high potential for development, so that should rate high tax. Whereas 15.37% of the study area are moderately offers some potential for development. The low value (12%) has limited development opportunities or undesirable locations, following to this property owner on this category should pay lower rate of tax. The remaining 8.59% of the area has the lowest development opportunity and infrastructures. In conclusion, the significant proportion of land falling under the very high and high categories have nice development opportunities for various purposes such as residential, commercial, or industrial projects. Developers and investors can focus their efforts on acquiring and utilizing these lands to capitalize on the high development opportunities associated with these areas. Additionally, the distribution of land across different categories provides valuable understanding for urban planners and policymakers relating to taxation. Following to this study concerned parties may elongate it throughout the city and gives coefficients to each categories’ of land values. This knowledge also allows decision-makers to prioritize areas with higher potential for growth and allocate resources accordingly.
dc.identifier.urihttps://etd.aau.edu.et/handle/123456789/2372
dc.language.isoen_US
dc.publisherAddis Ababa University
dc.subjectLand Value
dc.subjectProperty Valuation
dc.subjectGIS
dc.subjectWeighted Overlay Analysis
dc.titleGIS-Based Urban Land Property Valuation for Taxation Purpose: The Case of Akaki Kality sub city, Addis Ababa, Ethiopia
dc.typeThesis

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