Valuation of Sistan plain agricultural land using hedonic pricing method

Introduction: Since land is one of the most important resources in the agricultural sector, determining its real value can be very important for land management, its more efficient use, and agricultural development. On the other hand, it achieves the highest possible efficiency from it due to scarce production factors such as labor, tools, purchased inputs and management ability. This study was carried out with the aim of valuing the agricultural lands of Sistan plain using Hedanik pricing method in 2022-2023.
Material and methods: For the valuation of agricultural land in the Sistan plain, the villages of Zulfiqari, Rahdar and Kod were selected as samples. The reason for choosing these villages is access to river water and wells, which are valuable due to the cultivation of their land. In this study, the hedonic pricing method was used to estimate the price of agricultural land in Zabol city. For this purpose, in 1400-1401, 99 questionnaires were completed in the schools of Rahdar, Kod and Zulfaqari villages of Zabul city using simple random sampling method. After completing the questionnaires, the simple logit model was estimated using Eviews7 software, and SPSS22 software was also used to estimate the statistical descriptions including the mean and minimum and maximum variables. In this research, the effect of 15 variables on the price of one hectare of agricultural land was investigated using the regression estimation method.
Results and discussion: The results of linear logarithm model estimation showed that the variables of ease of access to water, access to city water, ability to replant and distance to the main road have a positive effect on the price of each hectare of agricultural land. Due to less environmental pollution in the mentioned region and the less development of urban and industrial contexts in the area of main roads compared to other studied parts of the country, as well as the concentration of facilities and infrastructures in urban and road areas. Such as water, electricity, telephone and easier transportation has had a positive effect on the price of agricultural land. The desire to change land use is also very high due to the mentioned conditions of low agricultural profit in the region and drought.
Conclusion: According to the topology of the area and the smoothness and lack of proper drainage, in some cases the price of agricultural land is affected by the presence or absence of this factor. The percentage of the land under cultivation can confirm the availability of water and the quality and profitability of the product for the land owner, which will also have a positive effect on the price of the land. On the other hand, the owner's desire to change agricultural use, which is a less profitable activity, to non-agricultural uses, which are more profitable, increases the price of land. The ability to change the use refers to the existence of the necessary permits, access to the required facilities and infrastructure, and the profitability of this case. Meanwhile, the only thing that has a negative effect on the price of agricultural land is the distance from the road, the more the distance from the road, the lower the land price.