| Article of the Month - 
	  July 2018 | 
		Land Valuation in Support of Responsible 
		Land Consolidation on Ghana’s Rural Customary  
		Kwabena ASIAMA (Netherlands), Rohan 
		BENNETT (Australia), Jaap ZEVENBERGEN (Netherlands) and Seth 
		ASIAMA (Ghana) 
		
			FIG and Survey Review, through former FIG Vice President 
			Iain Greenway and Richard Grover, have 
			decided to award a paper presented at a 
			FIG Congress/Working Week. The Survey Review prize will be awarded 
			every two years to the author and presenter of a selected paper at a 
			FIG Congress/Working Week. 
		Survey Review is an international journal which has been published 
		since 1931, and in recent years under the auspices of the Commonwealth 
		Association of Surveying and Land Economy (CASLE). It has been published 
		continuously as a quarterly journal, bringing together a wide range of 
		papers on research, theory, practice and management in land and 
		engineering surveying. 
		The paper selected for the prize passes through an initial reviewing 
		and revision stage overseen by FIG, before being judged by members of 
		the Editorial Board of Survey Review. 
		This year’s winner, “Land Valuation in Support of Responsible Land 
		Consolidation on Ghana’s Rural Customary Lands” by Kwabena Asiama, Rohan 
		Bennett, Jaap Zevenbergen and Seth Asiama, deals with an important 
		subject and has implications for many other countries in which customary 
		land rights apply. 
		
		
		Kwabena Asiama receiving the Survey Review Award 
		from Richard Grover at the FIG Congress in 
		Istanbul. 
		
					
			
			SUMMARY
					
			
			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. 
					
			
			The full paper is available to read
			
			here.