Improvement of the normative monetary evaluation of settlement land in the ecological context

The ecological factors affect not only the quality of life and health of settlement residents but also the real property market and land valuation indicators. However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlemen...
Ausführliche Beschreibung

Gespeichert in:

Autor*in:	Andriy Popov [verfasserIn] Olena Trehub [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2022

Schlagwörter:	ecological factor land valuation settlement land pollution ecological condition normative monetary valuation

Übergeordnetes Werk:	In: Geodesy and Cartography - Vilnius Gediminas Technical University, 2018, 48(2022), 2
Übergeordnetes Werk:	volume:48 ; year:2022 ; number:2

Links:	Link aufrufen Link aufrufen Link aufrufen Journal toc Journal toc

DOI / URN:	10.3846/gac.2022.14865

Katalog-ID:	DOAJ020267398

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allfields	10.3846/gac.2022.14865 doi (DE-627)DOAJ020267398 (DE-599)DOAJca178e22837b46768647fea610e171d6 DE-627 ger DE-627 rakwb eng QB275-343 Andriy Popov verfasserin aut Improvement of the normative monetary evaluation of settlement land in the ecological context 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The ecological factors affect not only the quality of life and health of settlement residents but also the real property market and land valuation indicators. However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlement land. Much uncertainty still exists about the nature of selecting ecological factors, their calculating, interpreting and application. This study aims to identify the ecological factors and their indexes and propose a new approach for defining the ecological impact on the NMV of the settlement land and evaluation units. A retrospective study collected infrastructural, environmental, and ecological data for the Kharkiv city, covering the years 2014–2019. The empirical methods and GIS tools were used to evaluate and interpret the data. The indexes characterising the ecological condition led to an increase in the minimum index for the normative monetary land value within the evaluation districts from 9.71 USD/sq. m. to 12.00 USD/sq. m. and the maximum value – decreased from 101.60 USD/sq. m. to 86.34 USD/sq. m. The new approach takes into account the area of environmental factors distribution within the evaluation unit and proves usefulness in understanding the actual ecological impact on the NMV of settlement land. Overall, this study has demonstrated that the size of land valuation is slightly influenced, although not significantly, by ecological factors. ecological factor land valuation settlement land pollution ecological condition normative monetary valuation Geodesy Olena Trehub verfasserin aut In Geodesy and Cartography Vilnius Gediminas Technical University, 2018 48(2022), 2 (DE-627)769983626 (DE-600)2737682-5 20297009 nnns volume:48 year:2022 number:2 https://doi.org/10.3846/gac.2022.14865 kostenfrei https://doaj.org/article/ca178e22837b46768647fea610e171d6 kostenfrei https://gc.vgtu.lt/index.php/GAC/article/view/14865 kostenfrei https://doaj.org/toc/2029-6991 Journal toc kostenfrei https://doaj.org/toc/2029-7009 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ SSG-OLC-PHA GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2025 GBV_ILN_2031 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2061 GBV_ILN_2111 GBV_ILN_2190 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4392 GBV_ILN_4700 AR 48 2022 2
spelling	10.3846/gac.2022.14865 doi (DE-627)DOAJ020267398 (DE-599)DOAJca178e22837b46768647fea610e171d6 DE-627 ger DE-627 rakwb eng QB275-343 Andriy Popov verfasserin aut Improvement of the normative monetary evaluation of settlement land in the ecological context 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The ecological factors affect not only the quality of life and health of settlement residents but also the real property market and land valuation indicators. However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlement land. Much uncertainty still exists about the nature of selecting ecological factors, their calculating, interpreting and application. This study aims to identify the ecological factors and their indexes and propose a new approach for defining the ecological impact on the NMV of the settlement land and evaluation units. A retrospective study collected infrastructural, environmental, and ecological data for the Kharkiv city, covering the years 2014–2019. The empirical methods and GIS tools were used to evaluate and interpret the data. The indexes characterising the ecological condition led to an increase in the minimum index for the normative monetary land value within the evaluation districts from 9.71 USD/sq. m. to 12.00 USD/sq. m. and the maximum value – decreased from 101.60 USD/sq. m. to 86.34 USD/sq. m. The new approach takes into account the area of environmental factors distribution within the evaluation unit and proves usefulness in understanding the actual ecological impact on the NMV of settlement land. Overall, this study has demonstrated that the size of land valuation is slightly influenced, although not significantly, by ecological factors. ecological factor land valuation settlement land pollution ecological condition normative monetary valuation Geodesy Olena Trehub verfasserin aut In Geodesy and Cartography Vilnius Gediminas Technical University, 2018 48(2022), 2 (DE-627)769983626 (DE-600)2737682-5 20297009 nnns volume:48 year:2022 number:2 https://doi.org/10.3846/gac.2022.14865 kostenfrei https://doaj.org/article/ca178e22837b46768647fea610e171d6 kostenfrei https://gc.vgtu.lt/index.php/GAC/article/view/14865 kostenfrei https://doaj.org/toc/2029-6991 Journal toc kostenfrei https://doaj.org/toc/2029-7009 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ SSG-OLC-PHA GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2025 GBV_ILN_2031 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2061 GBV_ILN_2111 GBV_ILN_2190 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4392 GBV_ILN_4700 AR 48 2022 2
allfields_unstemmed	10.3846/gac.2022.14865 doi (DE-627)DOAJ020267398 (DE-599)DOAJca178e22837b46768647fea610e171d6 DE-627 ger DE-627 rakwb eng QB275-343 Andriy Popov verfasserin aut Improvement of the normative monetary evaluation of settlement land in the ecological context 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The ecological factors affect not only the quality of life and health of settlement residents but also the real property market and land valuation indicators. However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlement land. Much uncertainty still exists about the nature of selecting ecological factors, their calculating, interpreting and application. This study aims to identify the ecological factors and their indexes and propose a new approach for defining the ecological impact on the NMV of the settlement land and evaluation units. A retrospective study collected infrastructural, environmental, and ecological data for the Kharkiv city, covering the years 2014–2019. The empirical methods and GIS tools were used to evaluate and interpret the data. The indexes characterising the ecological condition led to an increase in the minimum index for the normative monetary land value within the evaluation districts from 9.71 USD/sq. m. to 12.00 USD/sq. m. and the maximum value – decreased from 101.60 USD/sq. m. to 86.34 USD/sq. m. The new approach takes into account the area of environmental factors distribution within the evaluation unit and proves usefulness in understanding the actual ecological impact on the NMV of settlement land. Overall, this study has demonstrated that the size of land valuation is slightly influenced, although not significantly, by ecological factors. ecological factor land valuation settlement land pollution ecological condition normative monetary valuation Geodesy Olena Trehub verfasserin aut In Geodesy and Cartography Vilnius Gediminas Technical University, 2018 48(2022), 2 (DE-627)769983626 (DE-600)2737682-5 20297009 nnns volume:48 year:2022 number:2 https://doi.org/10.3846/gac.2022.14865 kostenfrei https://doaj.org/article/ca178e22837b46768647fea610e171d6 kostenfrei https://gc.vgtu.lt/index.php/GAC/article/view/14865 kostenfrei https://doaj.org/toc/2029-6991 Journal toc kostenfrei https://doaj.org/toc/2029-7009 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ SSG-OLC-PHA GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2025 GBV_ILN_2031 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2061 GBV_ILN_2111 GBV_ILN_2190 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4392 GBV_ILN_4700 AR 48 2022 2
allfieldsGer	10.3846/gac.2022.14865 doi (DE-627)DOAJ020267398 (DE-599)DOAJca178e22837b46768647fea610e171d6 DE-627 ger DE-627 rakwb eng QB275-343 Andriy Popov verfasserin aut Improvement of the normative monetary evaluation of settlement land in the ecological context 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The ecological factors affect not only the quality of life and health of settlement residents but also the real property market and land valuation indicators. However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlement land. Much uncertainty still exists about the nature of selecting ecological factors, their calculating, interpreting and application. This study aims to identify the ecological factors and their indexes and propose a new approach for defining the ecological impact on the NMV of the settlement land and evaluation units. A retrospective study collected infrastructural, environmental, and ecological data for the Kharkiv city, covering the years 2014–2019. The empirical methods and GIS tools were used to evaluate and interpret the data. The indexes characterising the ecological condition led to an increase in the minimum index for the normative monetary land value within the evaluation districts from 9.71 USD/sq. m. to 12.00 USD/sq. m. and the maximum value – decreased from 101.60 USD/sq. m. to 86.34 USD/sq. m. The new approach takes into account the area of environmental factors distribution within the evaluation unit and proves usefulness in understanding the actual ecological impact on the NMV of settlement land. Overall, this study has demonstrated that the size of land valuation is slightly influenced, although not significantly, by ecological factors. ecological factor land valuation settlement land pollution ecological condition normative monetary valuation Geodesy Olena Trehub verfasserin aut In Geodesy and Cartography Vilnius Gediminas Technical University, 2018 48(2022), 2 (DE-627)769983626 (DE-600)2737682-5 20297009 nnns volume:48 year:2022 number:2 https://doi.org/10.3846/gac.2022.14865 kostenfrei https://doaj.org/article/ca178e22837b46768647fea610e171d6 kostenfrei https://gc.vgtu.lt/index.php/GAC/article/view/14865 kostenfrei https://doaj.org/toc/2029-6991 Journal toc kostenfrei https://doaj.org/toc/2029-7009 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ SSG-OLC-PHA GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2025 GBV_ILN_2031 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2061 GBV_ILN_2111 GBV_ILN_2190 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4392 GBV_ILN_4700 AR 48 2022 2
allfieldsSound	10.3846/gac.2022.14865 doi (DE-627)DOAJ020267398 (DE-599)DOAJca178e22837b46768647fea610e171d6 DE-627 ger DE-627 rakwb eng QB275-343 Andriy Popov verfasserin aut Improvement of the normative monetary evaluation of settlement land in the ecological context 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier The ecological factors affect not only the quality of life and health of settlement residents but also the real property market and land valuation indicators. However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlement land. Much uncertainty still exists about the nature of selecting ecological factors, their calculating, interpreting and application. This study aims to identify the ecological factors and their indexes and propose a new approach for defining the ecological impact on the NMV of the settlement land and evaluation units. A retrospective study collected infrastructural, environmental, and ecological data for the Kharkiv city, covering the years 2014–2019. The empirical methods and GIS tools were used to evaluate and interpret the data. The indexes characterising the ecological condition led to an increase in the minimum index for the normative monetary land value within the evaluation districts from 9.71 USD/sq. m. to 12.00 USD/sq. m. and the maximum value – decreased from 101.60 USD/sq. m. to 86.34 USD/sq. m. The new approach takes into account the area of environmental factors distribution within the evaluation unit and proves usefulness in understanding the actual ecological impact on the NMV of settlement land. Overall, this study has demonstrated that the size of land valuation is slightly influenced, although not significantly, by ecological factors. ecological factor land valuation settlement land pollution ecological condition normative monetary valuation Geodesy Olena Trehub verfasserin aut In Geodesy and Cartography Vilnius Gediminas Technical University, 2018 48(2022), 2 (DE-627)769983626 (DE-600)2737682-5 20297009 nnns volume:48 year:2022 number:2 https://doi.org/10.3846/gac.2022.14865 kostenfrei https://doaj.org/article/ca178e22837b46768647fea610e171d6 kostenfrei https://gc.vgtu.lt/index.php/GAC/article/view/14865 kostenfrei https://doaj.org/toc/2029-6991 Journal toc kostenfrei https://doaj.org/toc/2029-7009 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ SSG-OLC-PHA GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2005 GBV_ILN_2006 GBV_ILN_2008 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2025 GBV_ILN_2031 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2057 GBV_ILN_2061 GBV_ILN_2111 GBV_ILN_2190 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4392 GBV_ILN_4700 AR 48 2022 2
language	English
source	In Geodesy and Cartography 48(2022), 2 volume:48 year:2022 number:2
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title_sort	improvement of the normative monetary evaluation of settlement land in the ecological context
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title_auth	Improvement of the normative monetary evaluation of settlement land in the ecological context
abstract	The ecological factors affect not only the quality of life and health of settlement residents but also the real property market and land valuation indicators. However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlement land. Much uncertainty still exists about the nature of selecting ecological factors, their calculating, interpreting and application. This study aims to identify the ecological factors and their indexes and propose a new approach for defining the ecological impact on the NMV of the settlement land and evaluation units. A retrospective study collected infrastructural, environmental, and ecological data for the Kharkiv city, covering the years 2014–2019. The empirical methods and GIS tools were used to evaluate and interpret the data. The indexes characterising the ecological condition led to an increase in the minimum index for the normative monetary land value within the evaluation districts from 9.71 USD/sq. m. to 12.00 USD/sq. m. and the maximum value – decreased from 101.60 USD/sq. m. to 86.34 USD/sq. m. The new approach takes into account the area of environmental factors distribution within the evaluation unit and proves usefulness in understanding the actual ecological impact on the NMV of settlement land. Overall, this study has demonstrated that the size of land valuation is slightly influenced, although not significantly, by ecological factors.
abstractGer	The ecological factors affect not only the quality of life and health of settlement residents but also the real property market and land valuation indicators. However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlement land. Much uncertainty still exists about the nature of selecting ecological factors, their calculating, interpreting and application. This study aims to identify the ecological factors and their indexes and propose a new approach for defining the ecological impact on the NMV of the settlement land and evaluation units. A retrospective study collected infrastructural, environmental, and ecological data for the Kharkiv city, covering the years 2014–2019. The empirical methods and GIS tools were used to evaluate and interpret the data. The indexes characterising the ecological condition led to an increase in the minimum index for the normative monetary land value within the evaluation districts from 9.71 USD/sq. m. to 12.00 USD/sq. m. and the maximum value – decreased from 101.60 USD/sq. m. to 86.34 USD/sq. m. The new approach takes into account the area of environmental factors distribution within the evaluation unit and proves usefulness in understanding the actual ecological impact on the NMV of settlement land. Overall, this study has demonstrated that the size of land valuation is slightly influenced, although not significantly, by ecological factors.
abstract_unstemmed	The ecological factors affect not only the quality of life and health of settlement residents but also the real property market and land valuation indicators. However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlement land. Much uncertainty still exists about the nature of selecting ecological factors, their calculating, interpreting and application. This study aims to identify the ecological factors and their indexes and propose a new approach for defining the ecological impact on the NMV of the settlement land and evaluation units. A retrospective study collected infrastructural, environmental, and ecological data for the Kharkiv city, covering the years 2014–2019. The empirical methods and GIS tools were used to evaluate and interpret the data. The indexes characterising the ecological condition led to an increase in the minimum index for the normative monetary land value within the evaluation districts from 9.71 USD/sq. m. to 12.00 USD/sq. m. and the maximum value – decreased from 101.60 USD/sq. m. to 86.34 USD/sq. m. The new approach takes into account the area of environmental factors distribution within the evaluation unit and proves usefulness in understanding the actual ecological impact on the NMV of settlement land. Overall, this study has demonstrated that the size of land valuation is slightly influenced, although not significantly, by ecological factors.
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However, no previous Ukrainian study has considered ecological factors during calculating the normative monetary valuation (NMV) of settlement land. Much uncertainty still exists about the nature of selecting ecological factors, their calculating, interpreting and application. This study aims to identify the ecological factors and their indexes and propose a new approach for defining the ecological impact on the NMV of the settlement land and evaluation units. A retrospective study collected infrastructural, environmental, and ecological data for the Kharkiv city, covering the years 2014–2019. The empirical methods and GIS tools were used to evaluate and interpret the data. The indexes characterising the ecological condition led to an increase in the minimum index for the normative monetary land value within the evaluation districts from 9.71 USD/sq. m. to 12.00 USD/sq. m. and the maximum value – decreased from 101.60 USD/sq. m. to 86.34 USD/sq. m. The new approach takes into account the area of environmental factors distribution within the evaluation unit and proves usefulness in understanding the actual ecological impact on the NMV of settlement land. 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Improvement of the normative monetary evaluation of settlement land in the ecological context

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