THE IMPACT OF MARKET ANALYSIS IN DETERMINING THE MARKET VALUE OF AGRICULTURAL LAND IN ROMANIA

The purpose of this paper is to estimate the market value for the agricultural properties - agricultural lands located within the Casimcea Administrative Territorial Unit (UAT), Tulcea county, Romania. What was analyzed is the fact that a well -executed market analysis can help a lot in the evaluation process. Thus, after choosing the case study, the exact identification of the agricultural land was made. The next stage was the realization of the market analysis. Thus, the current state of agricultural land transactions was analyzed at the European, national and local level. The actual evaluation of the land was done through the market approach and all the adjustments were explained in the content of this paper. The results revealed the fact that the final market value falls within the range found following the market analysis. The analysis is carried out also at the processing level, the results indicating also a quite high coefficient of variation. This paper has achieved its goal, that is to see the impact that the market analysis has in determining the market value of an agricultural land.