Land Valuation in Support of Responsible Land Consolidation on Ghana’s Rural Customary Lands : abstract

K.O. Asiama, Rohan Bennett, J.A. Zevenbergen, Seth Opuni Asiama

Research output: Contribution to conferenceAbstractOther research output

Abstract

Land valuation is an important aspect of land consolidation where farm parcels are appraised to set
a basis for farmland parcel exchange, reallocation, and expansion. There are two approaches to land valuation in land consolidation – the agronomic value, with its basis being the soil productivity and quality, and the market value. The market value has been touted as the better approach with studies pointing out the deficiencies in the agronomic value approach. However, the market value approach cannot be used in Sub-Saharan Africa’s customary lands due to the limited land market. Here, we develop a framework for an approach for assigning values to customary rural farm land parcels that reflects the local people’s view of land value. We found in a case study of Nanton that key land value factors that determine land values relate to the physical attributes, legal conditions, agricultural productivity, locational factors, and the planning scheme of the farmland parcels. These factors were weighted by the local community according to their perception of what affected their choice of farmland parcels. The weights were integrated into the framework the produced the Land Value Index (LVI) for each land parcel in the area of study. Our results showed that in a scenario analysis, a change in weights affected the land value indices at a scale that could change the comparative basis of the land parcels. The sensitivity analysis however showed that the LVIs were not significantly sensitive to the changes in the weight of the factors. However, a prime weakness of this framework is that it is more expensive to use than automatic valuation models. Our results demonstrate that it is possible to place relative quid pro quo values on rural agricultural farmlands that have no land markets. We anticipate that the approach can be the starting point for more approaches to valuing rural customary lands for specific purposes. A further verification is however needed in the study area to ascertain whether the results of the derived LVIs are representative of the local farmers’ view of their land values, and how the framework will fit into land consolidation practices.
Original languageEnglish
Pages1
Publication statusPublished - 7 May 2018
EventXXVI FIG Congress 2018: Embracing our smart world where the continents connect: enhancing the geospatial maturity of societies - Istanbul Congress Centre, Istanbul, Turkey
Duration: 6 May 201811 May 2018
Conference number: 26
http://www.fig.net/fig2018/

Conference

ConferenceXXVI FIG Congress 2018
CountryTurkey
CityIstanbul
Period6/05/1811/05/18
Internet address

Fingerprint

valuation
agricultural land
land market
market
farm
factor productivity
land
land consolidation
sensitivity analysis
land value
productivity
soil

Keywords

  • land, land records, administration, land administration, dispute, resolution, post-conflict, state, building
  • ITC-GOLD

Cite this

Asiama, K. O., Bennett, R., Zevenbergen, J. A., & Asiama, S. O. (2018). Land Valuation in Support of Responsible Land Consolidation on Ghana’s Rural Customary Lands : abstract. 1. Abstract from XXVI FIG Congress 2018, Istanbul, Turkey.
Asiama, K.O. ; Bennett, Rohan ; Zevenbergen, J.A. ; Asiama, Seth Opuni. / Land Valuation in Support of Responsible Land Consolidation on Ghana’s Rural Customary Lands : abstract. Abstract from XXVI FIG Congress 2018, Istanbul, Turkey.
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abstract = "Land valuation is an important aspect of land consolidation where farm parcels are appraised to seta basis for farmland parcel exchange, reallocation, and expansion. There are two approaches to land valuation in land consolidation – the agronomic value, with its basis being the soil productivity and quality, and the market value. The market value has been touted as the better approach with studies pointing out the deficiencies in the agronomic value approach. However, the market value approach cannot be used in Sub-Saharan Africa’s customary lands due to the limited land market. Here, we develop a framework for an approach for assigning values to customary rural farm land parcels that reflects the local people’s view of land value. We found in a case study of Nanton that key land value factors that determine land values relate to the physical attributes, legal conditions, agricultural productivity, locational factors, and the planning scheme of the farmland parcels. These factors were weighted by the local community according to their perception of what affected their choice of farmland parcels. The weights were integrated into the framework the produced the Land Value Index (LVI) for each land parcel in the area of study. Our results showed that in a scenario analysis, a change in weights affected the land value indices at a scale that could change the comparative basis of the land parcels. The sensitivity analysis however showed that the LVIs were not significantly sensitive to the changes in the weight of the factors. However, a prime weakness of this framework is that it is more expensive to use than automatic valuation models. Our results demonstrate that it is possible to place relative quid pro quo values on rural agricultural farmlands that have no land markets. We anticipate that the approach can be the starting point for more approaches to valuing rural customary lands for specific purposes. A further verification is however needed in the study area to ascertain whether the results of the derived LVIs are representative of the local farmers’ view of their land values, and how the framework will fit into land consolidation practices.",
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Asiama, KO, Bennett, R, Zevenbergen, JA & Asiama, SO 2018, 'Land Valuation in Support of Responsible Land Consolidation on Ghana’s Rural Customary Lands : abstract' XXVI FIG Congress 2018, Istanbul, Turkey, 6/05/18 - 11/05/18, pp. 1.

Land Valuation in Support of Responsible Land Consolidation on Ghana’s Rural Customary Lands : abstract. / Asiama, K.O.; Bennett, Rohan; Zevenbergen, J.A.; Asiama, Seth Opuni.

2018. 1 Abstract from XXVI FIG Congress 2018, Istanbul, Turkey.

Research output: Contribution to conferenceAbstractOther research output

TY - CONF

T1 - Land Valuation in Support of Responsible Land Consolidation on Ghana’s Rural Customary Lands : abstract

AU - Asiama, K.O.

AU - Bennett, Rohan

AU - Zevenbergen, J.A.

AU - Asiama, Seth Opuni

PY - 2018/5/7

Y1 - 2018/5/7

N2 - Land valuation is an important aspect of land consolidation where farm parcels are appraised to seta basis for farmland parcel exchange, reallocation, and expansion. There are two approaches to land valuation in land consolidation – the agronomic value, with its basis being the soil productivity and quality, and the market value. The market value has been touted as the better approach with studies pointing out the deficiencies in the agronomic value approach. However, the market value approach cannot be used in Sub-Saharan Africa’s customary lands due to the limited land market. Here, we develop a framework for an approach for assigning values to customary rural farm land parcels that reflects the local people’s view of land value. We found in a case study of Nanton that key land value factors that determine land values relate to the physical attributes, legal conditions, agricultural productivity, locational factors, and the planning scheme of the farmland parcels. These factors were weighted by the local community according to their perception of what affected their choice of farmland parcels. The weights were integrated into the framework the produced the Land Value Index (LVI) for each land parcel in the area of study. Our results showed that in a scenario analysis, a change in weights affected the land value indices at a scale that could change the comparative basis of the land parcels. The sensitivity analysis however showed that the LVIs were not significantly sensitive to the changes in the weight of the factors. However, a prime weakness of this framework is that it is more expensive to use than automatic valuation models. Our results demonstrate that it is possible to place relative quid pro quo values on rural agricultural farmlands that have no land markets. We anticipate that the approach can be the starting point for more approaches to valuing rural customary lands for specific purposes. A further verification is however needed in the study area to ascertain whether the results of the derived LVIs are representative of the local farmers’ view of their land values, and how the framework will fit into land consolidation practices.

AB - Land valuation is an important aspect of land consolidation where farm parcels are appraised to seta basis for farmland parcel exchange, reallocation, and expansion. There are two approaches to land valuation in land consolidation – the agronomic value, with its basis being the soil productivity and quality, and the market value. The market value has been touted as the better approach with studies pointing out the deficiencies in the agronomic value approach. However, the market value approach cannot be used in Sub-Saharan Africa’s customary lands due to the limited land market. Here, we develop a framework for an approach for assigning values to customary rural farm land parcels that reflects the local people’s view of land value. We found in a case study of Nanton that key land value factors that determine land values relate to the physical attributes, legal conditions, agricultural productivity, locational factors, and the planning scheme of the farmland parcels. These factors were weighted by the local community according to their perception of what affected their choice of farmland parcels. The weights were integrated into the framework the produced the Land Value Index (LVI) for each land parcel in the area of study. Our results showed that in a scenario analysis, a change in weights affected the land value indices at a scale that could change the comparative basis of the land parcels. The sensitivity analysis however showed that the LVIs were not significantly sensitive to the changes in the weight of the factors. However, a prime weakness of this framework is that it is more expensive to use than automatic valuation models. Our results demonstrate that it is possible to place relative quid pro quo values on rural agricultural farmlands that have no land markets. We anticipate that the approach can be the starting point for more approaches to valuing rural customary lands for specific purposes. A further verification is however needed in the study area to ascertain whether the results of the derived LVIs are representative of the local farmers’ view of their land values, and how the framework will fit into land consolidation practices.

KW - land, land records, administration, land administration, dispute, resolution, post-conflict, state, building

KW - ITC-GOLD

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M3 - Abstract

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Asiama KO, Bennett R, Zevenbergen JA, Asiama SO. Land Valuation in Support of Responsible Land Consolidation on Ghana’s Rural Customary Lands : abstract. 2018. Abstract from XXVI FIG Congress 2018, Istanbul, Turkey.