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For those who want to know from zero Yokohama Land Price Guide Q & A

Last updated on July 24, 2024.

What is land price?

Q
1: I hear the words of land price announcements and land prices in the news, and I don't know what it is called land price (land price) in the first place.
A

In general, there are four types of land prices. The actual transaction price (actual price), published land price, inheritance tax land price, and property tax land price are collectively referred to as "one item four price" (the standard land price is the same as the published land price) ). The most basic is the published land price, which is also the basis for calculating various prices as a standard and appropriate price. The inheritance tax land price is about 80% of the published land price and the property tax land price is about 70% It is set as a guide. On the other hand, the actual transaction is determined by both the seller and the buyer, so it does not necessarily match the published land price.

Q
2: What is useful if you know land prices? If you don't have land, don't you worry if you don't know the land price?
A

For example, when searching for a house or condominium, if you can't find an affordable property around the station you want, if you have knowledge of land prices, you can find another area where you can find a cheaper property in the same commuting conditions and living environment, and you can reduce the wasteful time of walking around darkness. In addition, even if you find a property you like immediately, if you know the standard land price of the land in advance when actually purchasing or renting a contract, it will be a guide to determine whether the contract price is appropriate. Furthermore, in recent years, real estate securities have been sold to the public as a means of investment similar to stocks, so there are surprisingly many cases where knowledge of land prices is effective without buying land.

Q
3: How does land price (land price) affect the price of a house?
A

In the case of a general new condominium, the selling price is the sum of <land acquisition cost + land development cost + construction cost (+ demolition and removal cost if there is an existing structure) + advertising cost + miscellaneous expenses + appropriate profit> Is set to match. If you are a condominium of the same building grade, if you are located in an area with low land prices, the selling price will be lower. In addition, in the case of rent revision due to renewal of lease contracts, the balance with land price fluctuations is also taken into account, so it is important to keep track of the latest land price information in order to make an appropriate contract.

Q
4: Who decides the appropriate price of land? There are producers like daily necessities, cars and home appliances, and they don't decide the retail price, and the land is different one by one, but can the appropriate price be determined?
A

The appropriate price of the land will be obtained by appraisal by a nationally qualified real estate appraiser. The standards for appraisal are determined in detail by the country, and rules are properly established by law so that biased appraisals are not performed.

What kind of person is a real estate expert "real estate appraiser"?

Q
5: What is a real estate appraiser? Isn't it just a real estate agent to consult about land?
A

A "real estate appraiser" is a person who has a national qualification capable of appraisal of real estate. It is necessary to pass the national examination under the jurisdiction of the Ministry of Land, Infrastructure, Transport and Tourism and be registered by the Minister or Governor, and non-qualified persons cannot conduct appraisal of real estate by law. In addition, it seems that real estate appraisers often provide consulting services on the effective use of real estate and investment based on their advanced expertise in addition to appraisal.
"Real estate agent" does not refer to a specific qualification, but is a general name that collectively refers to persons engaged in real estate-related businesses (such as buying, selling, renting, managing, and brokering real estate). If you are an experienced real estate agent, you can judge the price of the land to some extent based on your experience, so it is possible to tell you if it is a reference price, but it is accurate such as inheritance or litigation If you need to assess the price, you must ask a person who is qualified as a real estate appraiser.

I want to know the price of my land

Q
6: I want to know the price of my land. Can you tell me at the city hall?
A

Only so-called public prices, such as land price announcements, prefectural land price surveys, and property tax land prices, can be taught at the city hall. For individual land prices, please refer to these public prices for your own judgment, or consult a real estate appraiser or other expert.

Q
7: Even if you're a real estate expert, you don't know who to consult. Could you recommend a cheap and safe consultation?
A

We cannot introduce individual company in city hall. City of Yokohama, Urban Development Bureau and the Kanagawa Prefectural Real Estate Appraisers Association jointly hold free consultations on real estate twice a year (April and October). Please use them. Dates and details will be announced on the website and public information Yokohama.
The co-sponsored Kanagawa Real Estate Appraisers Association (outside site) is the only public interest corporation in the prefecture organized by real estate appraisers in Kanagawa Prefecture, and has set up a permanent free consultation desk in the secretariat. You.

Q
8: I don't know how to publish land prices or use land prices. How do you know the price of your land?
A

In the case of land price announcements (and prefectural land price surveys, the same applies hereinafter), the number of points is limited and it does not mean that they are everywhere, so first search for a public notice point near the land you want to check. At that time, pay attention to which restricted zone (house, commerce, industry, urbanization adjustment area) the land you want to check is included in, and select the public notice point for the same use. On top of that, the approximate price is determined by comparing that the land you want to examine is higher because it is closer to the station than the announcement point, or that the road width is narrow and cheap. In addition, since the published land price indicates the appropriate price in the average situation, the actual transaction price may be higher or lower depending on individual circumstances.
In the case of land prices, property tax land prices are set on most roads in Yokohama City (inheritance tax land prices are only urbanized areas), so first check the land prices of roads facing the land you want to check. It is important to note that since the land price is set as a basis for calculating taxation, the inheritance tax land price is set at 80% of the land price announcement and the property tax land price is set at 70%. It is necessary to divide by 0.8 or 0.7 to match the same level as the land price announcement.
※In addition, please refer to Finance Bureau property tax section and Tax Division each ward about land price.

Q
9: What should I check when comparing the land price announcement with the price of my land?
A

Land price announcements and prefectural land price surveys are set as objective guidelines when judging the appropriate price of land. Therefore, if the standard land in the area is properly traded in an average situation, it is usually established. For each land, the shape and size of the land, the building coverage / floor area ratio, the size of the front road, the surrounding situation, the distance to the station, the maintenance status of gas / water and sewage, etc. are different, so there are differences in such points , The price will rise and fall. For example, even in the proximity of land within the same plot, land with two or more directions, such as a corner lot, may have more land use options, so the price may be higher. In addition, the larger the area of land in residential areas, the larger the area, the higher the total amount, so the demand is limited to only a part of the wealthy, and the majority of middle-class people do not motivate purchase. The small size of the market may be a negative factor and decrease as a unit price.

Inquiries to this page

Planning Division, Urban Development Bureau Planning Department

Phone: 045-671-3953

Phone: 045-671-3953

Fax: 045-664-4539

E-Mail address [email protected]

Return to the previous page

Page ID: 402-663-546

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