Analysis of the Commercial Real Estate Market for Commercial and Office Purposes in Order to Challenge its Cadastral Value on the Example of Penza

Relevance. This article examines the problematic issue of conducting a qualitative and quantitative analysis of the commercial real estate market in the procedure of challenging the cadastral value of this property in the regions. Determining the completeness and sufficiency of information in market analysis is an important stage of the appraiser's work.
The purpose – to study the main parameters of qualitative and quantitative analysis of the real estate market in the dispute procedure.
Objectives: researching the issue of market analysis during the procedure of challenging the cadastral value of commercial real estate; the study methodological framework to analyze the market; study of the basic pricing parameters of the analysis of the commercial property market commercial office purposes; the analysis of the commercial property market commercial office destination in the city Penza; development of a procedure for conducting an analysis of the commercial real estate market, sufficient for the procedure of challenging its cadastral value.
Methodology. The theoretical and methodological basis of the analysis is based on the methods, approaches and other scientific provisions presented in the works of Russian scientists in the field of real estate market research, as well as the provisions of Federal valuation standards and the Federal law on valuation activities.
Results. The study identified qualitative and quantitative parameters of the analysis of the commercial real estate market for commercial and office purposes, which must be analyzed and measured during the procedure of challenging its cadastral value. Also the result of the research is the developed algorithm of actions for analyzing the commercial real estate market in a particular region within the framework of challenging the cadastral value.
Conclusion. Analysis of commercial property market commercial office purpose carried out in full, with all pricing parameters allows the appraiser to comply with the requirements of the FSO №7 of the Federal law "On valuation activities in the Russian Federation".

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