REAAGOV TASK for module 5

Name : Castro, Aletteya L.. Date April 17, 2022

I: Compute for the following,

A. Market Value for urban

lands Rectangular lot (13 pts)

Strip Width/Depth Area Unit Val % Adjusted Unit Value Market Value
1st 10 x 20 200 100% 700 140,000.00
2nd 10 x 20 200 90% 630 126,000.00
700
3rd 10 x 20 200 80% 560 112,000.00
4th 10 x 15 150 70% 490 73,500.00
TOTAL P451,500.00

Rectangular lot (16 pts)

Strip Width/Depth Area Unit Val % Adjusted Unit Value Market Value
1st 50 x 20 1,000 100% 1,000 1,000,000.00
2nd 50 x 20 1,000 80% 800 800,000.00
3rd 50 x 20 1,000 1,000 60% 600 600,000.00
4th 50 x 20 1,000 40% 400 400,000.00
5th 50 x 10 500 20% 200 100,000.00
TOTAL P2,900,000.00

Triangular lot (22pts)

Strip Width/Depth Area Unit Val % Adjusted Unit Value Market Value
1st 25 x 20 500 100% 8,000 4,000,000.00
2nd 25 x 20 500 8,000 75% 6,000 3,000,000.00
3rd 25 x 20 500 50% 4,000 2,000,000.00
TOTAL P9,000,000.00
ADJUSTED P6,000,000.00

Strip Width/Depth Area Unit Val % Adjusted Unit Value Market Value
1st 12 x 20 240 100% 500 120,000.00
2nd 12 x 20 240 500 90% 450 108,000.00
3rd 12 x 10 120 80% 400 48,000.00
TOTAL P276,000.00
ADJUSTED P184,000.00
Trapezoid (16 pts)

Rectangular part road

Strip Width/Depth Area Unit Val % Adjusted Unit Value Market Value
1st 30 x 20 600 100% 3,500 2,100,000.00
3,500
2nd 30 x 20 600 90% 3,150 1,890,000.00
TOTAL P3,990,000.00
Triangular part

Strip Width/Depth Area Unit Val % Adjusted

Unit Value Market Value
1st 30 x 20 600 100% 3,500 2,100,000.00
3,500
2nd 30 x 20 600 90% 3,150 1,890,000.00
TOTAL P3,990,000.00
ADJUSTED P2,660,000.00
OVER-ALL TOTAL VALUE OF THE TRAPEZOID PROPERTY P6,650,000.00

B. Market Value for agricultural lands (see table for reference) (13 pts)

% adjustment SFMV
Unit base value 100 % P 2,500,000.00 / has.
Area 4 hectares
Base market values P 10,000,000.00
Adjustments
a. no road outlet =-9%
b. 8 kms. from all weather road =-6%
c. 5 kms. from local trading center =-2%
Total percentage adjustment =17%
% adjustment to BMV =83%
Adjusted Market Value =P 8,300,000.00

% adjustment SFMV
Unit base value 100 % P 5,000,000.00 / has.
Area 5 hectares
Base market values = P25,000,000.00
Adjustments
a. along dirt road =-6%
b. 5 kms. from all weather road =-4%
c. 15 kms. from local trading center =-6%
Total percentage adjustment =16%
% adjustment to BMV =84%
Adjusted Market Value =P 21,000,000.00