Abstract:

This article examines the impact of atypical land characteristics on sale value, taking into account economic, legal, technical, and urban-planning aspects. The rapidly evolving real estate market and the growing complexity of investment procedures mean that traditional valuation criteria—such as location, area, or state of maintenance—now account for only part of the determinants of sale value. Accordingly, the article analyses additional non-standard factors, that is, specific property characteristics that affect value in less obvious ways. Each of these factors is characterised by a particular duality, as it may generate both benefits and risks, with a clear effect on the sale value of a plot. Assessing this impact requires an interdisciplinary approach drawing on economics, geotechnics, law, and urban planning. To this end, the article employs a qualitative method, observation, and case descriptions drawn from the Polish real estate market. A brief comparison with foreign markets is also presented to highlight similarities and differences in approaches to predicting the prices of properties with unusual features. The conclusions may prove useful for investment decision-making and may also serve as a starting point for further research.