Vol. 5 No. 2 (2024)

Standard Journal Issues

Geospatial Modelling of Land Valuation in Adenta Municipal Assembly, Ghana

Published 2024-08-22

  • Elikplim Kodzo Akudeka
    • ,
  • Olayinka Akinsumbo Ajala
    • ,
  • Simeon Oluwole Ogunlade

Elikplim Kodzo Akudeka
Department of Remote Sensing and GIS, Federal University of Technology, Akure and African Regional Institute for Geospatial Information Science and Technology (AFRIGIST), OAU Campus, Ile-Ife, Nigeria

Olayinka Akinsumbo Ajala
Department of Geography, Faculty of Social Sciences, Obafami Awolowo University Ile Ife, Osun State, Nigeria

Simeon Oluwole Ogunlade
Department of Remote Sensing and GIS, Federal University of Technology, Akure Nigeria

Abstract

This study focuses on land valuation in the Adenta Municipal Assembly, Ghana, addressing a critical knowledge gap of creating a standard model for factors that determined value for land.  The study seeks to identify and analyze the factors influencing land value and generate a geospatial model for accurate land valuation. Socioeconomic data were obtained by administering 400 copies of a structured questionnaire and utility maps such as (electricity line map, Road Map, educational facility map, fire station, police centers, financial institution and recreational area maps) were obtained. Descriptive Statistical analysis was performed using SPSS software, Geographic Information System (GIS) techniques was used to produce the factor maps, Multi-Criteria Analysis (MCA) was used to buffer around the factor maps and carried out comparison and normalized matrix, and ArcGIS Model builder in generating geospatial model. The results revealed eleven key factors determinants of land value. These include access to electricity, transport, educational centers, health services, land use type, police stations, city centers, financial institutions, fire stations, recreation centers, parks, and government buildings. The study also established correlations between these factors and variations in land value, resulting in a geospatial and mathematical model for value zones in monetary terms, producing a mathematical model adaptable for diverse valuation categories. The mathematical model produces new values for land value in the municipality range from ?52,947.00 to ?92,890.00 as restricted area to very high area. In conclusion, the research highlights the importance of Geospatial modelling in land valuation, providing practical tools for stakeholders, planners, valuers, and policymakers in decision-making related to land use development and taxation in the Adenta Municipal Assembly and beyond.

Keywords

Geospatial model, Land value, Value zone, Multi-Criteria Analysis (MCA), GIS

PDF

References

  1. [1] B. World, Sustainable Land Management. 2006.
  2. [2] A. B. Agosto, "Determinants of land values in Cebu City, Philippines," presented at the International Conference on Business and Economy, Michael Richartz Center, University of San Carlos, 2020/11, 2020.
  3. [3] Y. Yang et al., "Geo-Information," pp. 2078-2093, 2015 2015, doi: 10.3390/ijgi4042078.
  4. [4] L. Li and P. Pgrni, "Land Valuation Systems using GIS Technology Case of Matara Urban Council Area , Sri Lanka," 2015 2015.
  5. [5] P. Wyatt, Property Valuation. John Wiley & Sons, 2022.
  6. [6] G. Droj and L. Droj, "APPLICABILITY OF GIS IN NOMINAL ASSETS VALUATION," no. April, 2019 2019.
  7. [7] T. Yomralioglu and R. Nisanci, "Nominal asset land valuation technique by GIS," pp. 1-9, 2004 2004.
  8. [8] A. C. Aydinoglu, R. Bovkir, and I. Colkesen, "Implementing a mass valuation application on interoperable land valuation data model designed as an extension of the national GDI," Survey Review, vol. 53, no. 379, pp. 349-365, 2021 2021.
  9. [9] D. Zurell et al., "A standard protocol for reporting species distribution models," Ecography, vol. 43, no. 9, pp. 1261-1277, 2020 2020.
  10. [10] F. Ullah, S. M. Sepasgozar, M. J. Thaheem, and F. Al-Turjman, "Barriers to the digitalisation and innovation of Australian smart real estate: A managerial perspective on the technology non-adoption," Environmental Technology & Innovation, vol. 22, p. 101527, 2021 2021.
  11. [11] D. V. Shetty, B. P. Rao, C. Prakash, and S. Vaibhava, "Multiple regression analysis to predict the value of a residential building and to compare with the conventional method values," presented at the Journal of Physics: Conference Series, 2020/12, 2020.
  12. [12] D. N. Büyükkaraci?an, Modern methods approach in real estate valuation. Ankara: Iksad Publishing House, 2021.
  13. [13] N. G. Kal?p, Y. Ö. Erzurumlu, and N. A. Gün, "Qualitative and quantitative patent valuation methods: A systematic literature review," World Patent Information, vol. 69, p. 102111, 2022 2022.
  14. [14] J. M. Clapp, J. P. Cohen, and T. Lindenthal, "Are estimates of rapid growth in urban land values an artifact of the land residual model?," The Journal of Real Estate Finance and Economics, vol. 66, no. 2, pp. 373-421, 2023 2023.
  15. [15] R. T. Mzuri, Y. T. Mustafa, and A. A. Omar, "Land degradation assessment using AHP and GIS-based modelling in Duhok District, Kurdistan Region, Iraq," Geocarto International, vol. 37, no. 25, pp. 7908-7926, 2022/12/13 2021, doi: 10.1080/10106049.2021.1987534.
  16. [16] K. O. Asiama, R. Bennett, J. Zevenbergen, S. Opuni, and R. Bennett, "Land valuation in support of responsible land consolidation on Ghana's rural customary lands," Survey Review, vol. 0, no. 0, pp. 1-13, 2018 2018, doi: 10.1080/00396265.2018.1467672.
  17. [17] D. Mackmin and G. Sams, Modern methods of valuation. 2012.
  18. [18] M. O. Mete and T. Yomralioglu, "Implementation of serverless cloud GIS platform for land valuation," International Journal of Digital Earth, vol. 0, no. 0, pp. 1-15, 2021 2021, doi: 10.1080/17538947.2021.1889056.
  19. [19] P. Ai, "Residential land value modelling: Case study of Hankou, China," Ph.D. Thesis, International Institute for Geo-Information Science and Earth Observation, 2005.
  20. [20] D. Mfitumukiza, A. S. Roy, B. Simane, A. Hammill, M. F. Rahman, and S. Huq, "Scaling local and community-based adaptation," Global Commission on Adaptation Background Paper, 2020 2020.
  21. [21] S. Barbhuiya and B. B. Das, "Life cycle assessment of construction materials: Methodologies, applications and future directions for sustainable decision-making," Case Studies in Construction Materials, vol. e02326, 2023 2023.
  22. [22] S. D. Haan and T. Delft, "Experiences in pedagogy of Design: Research and Design teachers frame of reference about the concept of 'model'," pp. 1-11, 2023/11 2023.
  23. [23] B. Adhvaryu, "Enhancing urban planning using simplified models: SIMPLAN for Ahmedabad, India," Progress in Planning, vol. 73, no. 3, pp. 113-207, 2010 2010, doi: 10.1016/j.progress.2009.11.001.
  24. [24] P. Norström and J. Hallström, "Models and modelling in secondary technology and engineering education," International Journal of Technology and Design Education, vol. 33, no. 5, pp. 1797-1817, 2023 2023, doi: 10.1007/s10798-023-09808-y.
  25. [25] J. H. William, "Geospatial Modeling | Virginia Institute of Marine Science," 2023 2023. [Online]. Available: https://www.vims.edu/ccrm/research/modeling/geospatial/index.php.
  26. [26] Y. Mustafa, "Spatiotemporal Analysis of Vegetation Cover in Kurdistan Region-Iraq using MODIS Image Data," Journal of Applied Science and Technology Trends, vol. 1, no. 1, pp. 01-07, 03/10 2020, doi: 10.38094/jastt119.
  27. [27] Y. Qiang, "Geospatial Analysis and Model Building," Geographic Information Science & Technology Body of Knowledge, vol. 2021, no. Q1, 2021/1 2021, doi: 10.22224/GISTBOK/2021.1.12.
  28. [28] P. Wyatt, "Using a geographical information system for property valuation," 1996 1996.
  29. [29] D. A. J. Oud, "GIS based property valuation objectifying the value of view," 2017/8 2017.
  30. [30] L. Balaji and M. Muthukannan, "Investigation into valuation of land using remote sensing and GIS in Madurai, Tamilnadu, India," European Journal of Remote Sensing, vol. 54, no. sup2, pp. 167-175, 2021 2021, doi: 10.1080/22797254.2020.1772118.
  31. [31] M. J. De Smith, M. F. Goodchild, and P. Longley, Geospatial Analysis: A Comprehensive Guide to Principles, Techniques and Software Tools. Troubador Publishing Ltd, 2007.
  32. [32] A. Rash, Y. Mustafa, and R. Hamad, "Quantitative assessment of Land use/land cover changes in a developing region using machine learning algorithms: A case study in the Kurdistan Region, Iraq," Heliyon, vol. 9, no. 11, 2023, doi: 10.1016/j.heliyon.2023.e21253.
  33. [33] B. Németh and K. Németh, "Spatial decision-making support for geoheritage conservation in the urban and indigenous environment of the Auckland Volcanic Field, New Zealand," Geological Society, London, Special Publications, vol. 530, no. 1, pp. 235-256, 2023/7 2023, doi: 10.1144/SP530-2022-140.
  34. [34] H. Abuga and C. M. Ndegwa, "Developing a Sewerage Management System for Kisii Town Using GIS and Remote Sensing," vol. 2540729933, pp. 167-176, 2015 2015.
  35. [35] T. L. Saaty, "Highlights and critical points in the theory and application of the analytic hierarchy process," European Journal of Operational Research, vol. 74, no. 3, pp. 426-447, 1994 1994.
  36. [36] T. R. Guskey, "Interpreting Average Effect Sizes: Never a Center without a Spread," NASSP Bulletin, vol. 103, no. 4, pp. 273-280, 2019 2019, doi: 10.1177/019263651988915.
  37. [37] M. Filippini and J. Wild, "Regional differences in electricity distribution costs and their consequences for yardstick regulation of access prices," Energy Economics, vol. 23, no. 4, pp. 477-488, 2001 2001.
  38. [38] D. M. Kammen and S. Pacca, "Assessing the costs of electricity," Annual Review of Environment and Resources, vol. 29, no. 1, pp. 301-344, 2004 2004.
  39. [39] J. Kazak and S. Szewra?ski, "The use of geoinformation in land acquisition for road developments," Real Estate Management and Valuation, vol. 22, no. 1, pp. 29-35, 2014 2014.
  40. [40] M. Hilal, E. Martin, and V. Piguet, "Prediction of the purchase cost of agricultural land: The example of Côte-d'Or, France," Land Use Policy, vol. 52, pp. 464-476, 2016 2016.
  41. [41] M. Diker and E. H. Aslan, "Visibility Assessment of a Historical School Building through Isovists and Visibility Graph Analysis," Periodica Polytechnica Architecture, vol. 55, no. 1, pp. 30-47, 2024 2024.
  42. [42] K. Seretis, "The British material presence in Cyprus (1878–1960): Display for whom? Visibility, accessibility and adoption," in Archaeologies of the British: Routledge, 2003, pp. 238-252.
  43. [43] V. N. Nyakato, C. Rwabukwali, and S. Kools, "Women's land rights and maternal healthcare in southwestern Uganda: exploring the implications of women's decision-making regarding sale and use of land on access to maternal healthcare," African Journal of Reproductive Health, vol. 24, no. 1, pp. 62-80, 2020 2020.
  44. [44] M. Barry and L. Roux, "Hybrid governance and land purchase strategies in a state-subsidised housing project in a rural South African town," Survey Review, vol. 51, no. 369, pp. 492-501, 2019 2019.
  45. [45] G. T. Yengoh and F. A. Armah, "Land access constraints for communities affected by large-scale land acquisition in Southern Sierra Leone," GeoJournal, vol. 81, pp. 103-122, 2016 2016.
  46. [46] J. Q. Wilson and G. L. Kelling, "The police and neighborhood safety Broken Windows," in Social, Ecological and Environmental Theories of Crime: Routledge, 2017, pp. 169-178.
  47. [47] R. O'Harrow, No place to hide. Simon and Schuster, 2006.
  48. [48] T. Mazzarol and S. Choo, "A study of the factors influencing the operating location decisions of small firms," Property Management, vol. 21, no. 2, pp. 190-208, 2003 2003.
  49. [49] R. K. Kakani, T. L. R. Ram, and N. S. Tigga, "Insights into Land Acquisition Experiences of Private Businesses in India," INDIA INFRASTRUCTURE REPORT, vol. 2009, p. 135, 2009 2009.
  50. [50] S. Eliküçük and Z. A. Polat, "Identifying key factors affecting foreigners' choice on real estate acquisition: The case of ?zmir City, Turkey," Land Use Policy, vol. 107, p. 105512, 2021 2021.
  51. [51] W. Yu, Y. Chen, and M. Guan, "Hierarchical siting of macro fire station and micro fire station," Environment and Planning B: Urban Analytics and City Science, vol. 48, no. 7, pp. 1972-1988, 2021 2021.
  52. [52] B. Han, M. Hu, J. Zheng, and T. Tang, "Site selection of fire stations in large cities based on actual spatiotemporal demands: A case study of Nanjing City," ISPRS International Journal of Geo-Information, vol. 10, no. 8, p. 542, 2021 2021.
  53. [53] T. C. Lin and S. T. Lin, "Decision-making of property owners and tenants in the face of compulsory purchase," Habitat International, vol. 30, no. 3, pp. 434-447, 2006 2006.
  54. [54] T. Kotaka and D. L. Callies, Taking land: Compulsory purchase and regulation in Asian-Pacific countries. University of Hawaii Press, 2002.
  55. [55] D. S. Munasinghe, "AHP and GIS Based Multi Criteria Analysis for Sustainable Sewage Disposal: A Case Study in Badulla Urban Area," Journal of Geospatial Surveying, vol. 2, no. 1, p. 11, 2022 2022, doi: 10.4038/jgs.v2i1.36.
  56. [56] Y. Gamal, "Land market procedures and market preferences in land use change: the case of Greater Cairo," in Urban Infrastructuring: Reconfigurations, Transformations and Sustainability in the Global South. Singapore: Springer Nature Singapore, 2022, pp. 81-98.
  57. [57] N. N. Mustafa, "Customer preferences for buying a land at Purbachal Bestway City," 2013 2013.
  58. [58] S. Claessens, "Access to financial services: A review of the issues and public policy objectives," The World Bank Research Observer, vol. 21, no. 2, pp. 207-240, 2006 2006.
  59. [59] K. Ellis and A. Lemma, "Investigating the impact of access to financial services on household investment," 2010 2010.
  60. [60] A. O. Agyemang, K. Yusheng, E. C. Ayamba, A. K. Twum, Z. Chengpeng, and A. Shaibu, "Impact of board characteristics on environmental disclosures for listed mining companies in China," Environmental Science and Pollution Research, vol. 27, pp. 21188-21201, 2020 2020.

Downloads

Download data is not yet available.

Similar Articles

1-10 of 42

You may also start an advanced similarity search for this article.