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European Real Estate Society 19th

Annual Conference

13th-16th June 2012

Chronotope and real estate aappraisal

Kaarel Sahk, lecturer Estonian

University of Life Sciences

Abstract

While in early years of XX-s century famous Russian researcher Bakhtin started description of the chronotope then there do not exist any suggestion or reference that chronotope as a tool will appear on in the real estate environment and in this way will help us to draw down the value based life the property. The essential parts of the property on the one hand built up the real nature of the chronotope and on the other hand chronotope explain their dislocation and time based dynamic. Actually the time based dynamic of the different essential parts of property make us to link with the basic terms coding, overcoding, etc. founded by Umberto Eco, but their usage and clarification in spite the terms semiotics based foundation must wear also some characteristics of real estate, its nature and space. During the layout of chronotope the landscape and the artefact are both important so as on them lays rest of dynamic of markers that are illustrating the development of value.

 Keywords: real estate space, chronotope, coding, nature, artefact

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Introduction

It is also in use under name “Traditional and Non-traditional Tools for the

Description of Space and Place”, perreviewed, co-autor Peeter orop from

Tartu University, professor of cultural semiotics

Today is basic approach on the chronotpe

 What it include in and?

 What are loaded on it?

 Contemporary and in future

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Constant foundation - property

As to paying attention to the nature and structure of property in the context of development, or to its value and also the procedure of value estimation and to the all life cycle of it, therefore exists sufficiently constant indication of the term of property throughout the last two or three decades.

The first edition of the International Valuation

Standards (IVS) in 1994 was not the first officially ordered paper where the definition of different properties was presented. For example, the USPAP was originally written in 1986-87 by an ad-hoc committee that represented the various professional appraisal organizations in the United

States and Canada.

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Stright link to valuation

(appraisal)

1902 – Valuation of immoveable property in

Livland or Legal act Valuation of real estate located out of cities and villages (1927)

Two books as a foundation of appraisal procedure , i.e as a time scale or chronotope as well.

 The Appraisal of Real Estate by Frederick M. Babcock.

B.S. New York The MacMillan Company,1924

 Real Estate Valuation. A Statement of the Appraisal problem and a Discussion of the Principles Involved in the Development of Valuation Methods by Frederick

M. Babcock. University of Michigan, 1932

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Contemproray obcject of chronotpe - property

Real property that means a complete and full power over a thing, which is a real thing. The thing is a parcel of land and inseparable attachments of it.

Personal property that means a complete and full power over a thing that is not a real thing.

Business, that means an economical entity, that involves the things, rights and the obligations which are associated with the goal of current entrepreneurship

Financial interests, that is an independent right to receive revenue from the property involved in. (EVS

2005:8)

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Some detailized approaches

Owner of the property is realizing property owner’s rights trough acting on the stage, which in the extensive approach is named ‘space’ and in the more particular level is called as a ‘place’

Chronotpe is a description of place, its past, its present and its future – if is available to forecast

Albert Camus, The Myth of Sisyphus, where the place as a complexity of various implications is constituted from three basic components:

 the physical settings

 the activities and

 the meanings

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Additional explainings according the subject

Jensen: “Place is a portion of geographical space.

Sometimes defined as ‘territories of meaning’… ”

Pereira de Carvalho “For space, no less than time, is artfully recognized in cities: in boundary lines and silhouettes, in the fixing horizontal planes and vertical peaks, in utilizing or denying the natural site, the city records the attitude of a culture and an epoch to the fundamental facts of its existence”

The ontological features of real estate are its spatial and temporal dynamics

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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It is also important

Tuan “Analytical thought has transformed our physical and social environment”. Tuan tries to connect emotions and rational thinking.

But Tuan means us also an explanation of

topophilia and topophobia.

Exists direct connection between the likeability of the place of habitation and personal satisfaction;

topophilia correlates with the quality of life

(Ogunseitan)

Term hybrid property must also be accounted

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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On the other hand – we deal with culture

 Culture is the product of interacting human minds, and hence a science of culture will be a science of the most complex phenomenon on

Earth. It will also be a science that must be built on interdisciplinary foundations including genetics, neuroscience, individual development, ecology and evolutionary biology, psychology and anthropology (Plotkin)

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Analysis of the nature of different topologies

TOPOLOGIES NATURE ANALYSIS levels of analyze idiotopy ksenotopy

TOPOGRAPHICAL

CHRONOTOPE homotopy

Synchronous parametric

(disciplinary) analyses

ENVIRONMENT

Description

Historical parametric

(disciplinary) analyses

PSYCHOLOGICAL

CHRONOTOPE polytopy

Actual aspects of identity

SELF-

DESCRIPTION(S)

Dialogue

Historical sources and boundaries of identity

METAPHYSICAL

CHRONOTOPE heterotopy

Verbalisation Texts, artefacts

VALUES: MODELS

AND SELF-MODELS

Expertise

Imagination

Performance, spectacle, event

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Chronotopical theory of property

CHRONOTOPICAL THEORY OF PROPERTY

Type of chronotope levels

Synchrony

TOPOGRAPHICAL

CHRONOTOPE

PSYCHOLOGICAL

CHRONOTOPE

S ynchronous parametric

(disciplinary) analyses

Actual aspects of identity

ENVIRONMENT

Disciplinarities: describing, actualising, explication, reconstruction

SELF-DESCRIPTION

Interdisciplinarity, multidisciplinarity: assumed, fixed, constructed, told, showed, presented

Diachrony

Historical parametric

(disciplinary) analyses

Historical sources and boundaries of identity

METAPHYSICAL

CHRONOTOPE

Verbalisation Texts, artefacts

VALUES: MODELS AND SELF-

MODELS

Transdisciplinarity: researches position and methods, knowledge management

Imagination

Performance, spectacle, event

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Conclusions

 relatively broad approach supplies the market professionals with the feedback of the analysis of the nature of different topologies. workout of the chronotopical theory of property is new and fresh in its built up.

Noticeable is role of the individuality, a man based approach of analyze that plays a spectacular chare while the psychological or metaphysical chronotope were represented.

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Two more comments

While Marc Augé wrote about places as anthropologic places, he mentioned a description of place according the situation how it’s organized, i.e border between nature and artefact or linked with utilization of land, etc.

On the other hand paraphrasing forthcoming book of

Merlin Coverley (The Art of Wandering: The Writer as

Walker ), the real estate appraiser is also as a pilgrim or pedestrian, as a flâneur or stalker, who is mapping and recording new visions of the landscape and artefact, walking trough the appraisal procedure, doing it in this case from the viewpoint of value.

14 ERES 2012# Kaarel Sahk # Real estate appraisal development during the II independency 14-16.06.2012

Some references

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

Augé Marc. Non-Places: Introduction to an Anthropology of Supermodernity, Cultural

Studies Edition preprint Publisher Verso, 1995

Bazin, Laurent; Selim, Monique (2006) “Ethnography, culture and globalization: anthropological approaches to the market”, Critique of Anthropology, Vol. 26 No. 4, pp

437 –461.

Capizzi, M.T. and Ferguson, R . (2005), "Loyalty trends for the twenty-first century",

Journal of Consumer Marketing, Vol. 22 No. 2, pp. 72-80.

Bennett, Tony (2007). The work of culture. Cultural Sociology 1(1): 31

–47.

Burgass, Catherine (1999) Challenging Theory: Discipline After Deconstruction.

Aldershot, Brookfield, Singapore, Sydney: Ashgate.

Camus, Albert (1955) The Myth of Sisyphus. New York: Vintage Books

Lefebvre, Henri (2007). The Production of Space. Malden, Oxford,Carlton:

Blackwell.

Mittelstrass, Jürgen (2001) On Transdisciplinarity. Science and the Future of Mankind. Vatican City: Pontifical Academy of Sciences, 495-500.

Ogunseitan, Oladele A. 2005. Topophilia and the Quality of Life.

Environmental Health Perspectives 113:2, 143-148.

Plotkin, Henry 2001 Some Elements of a Science of Culture. Harvey

Whitehouse (ed). The Debated Mind. Evolutionary Psychology versus

Ethnography. Oxford, New York: Berg, 91-109.

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Author’s additional information: https://www.etis.ee/Portaal/isikuCV.aspx?Las

tNameFirstLetter=S&PersonVID=43875&lang

=en&FromUrl0=isikud.aspx

E-mail address kaarel.sahk@emu.ee

Mail address

Kreutzwaldi 5, 51014

Tartu

Estonia

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Thank you!

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Questions please!

ERES 2012 # Kaarel Sahk # Chronotope and real estate aappraisal 14-16.06.2012

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Science v.s.art

BVC2011#Kaarel Sahk#Mutual recognation ...

22.07.2011

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Is appraisal (valuation) an art or a science?

Valuation v.s. Appraisal

Art: thing in which skill may be exercised.

Science: systematic and formulated knowledge.

Source: The Concise Oxford

Dictionary

20 BVC2011#Kaarel Sahk#Mutual recognation ...

22.07.2011

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