Codosero Rodas, J.M., Naranjo Gómez, J.M., Castanho, R.A. and Cabezas, J. (2018) ‘Land Valuation Sustainable Model of Urban Planning Development: A Case Study in Badajoz, Spain’, Sustainability, 10(5), 1450. https://doi.org/10.3390/su10051450.


Codosero Rodas and colleagues conceptualise land value as a staged product of planning rather than an intrinsic attribute of territory. Their Badajoz case divides urban development into four states—land without detailed planning, land with detailed planning, land with reparcelling, and fully urbanised land—and traces how value increases as legal and infrastructural uncertainty is progressively removed. The iconic idea is a planning ladder of value: each administrative and material step modifies the economic status of land. Their methodological operation combines planning-stage classification with valuation modelling, explicitly attempting to avoid speculative expectations that depend on unrealised or improbable future development. The theoretical contribution is to expose the economic productivity of planning itself: regulation does not merely constrain value but helps constitute it. The wider bridge is to property theory and urban political economy, where development rights, infrastructure and legal certainty become mechanisms through which collectively authorised spatial futures are capitalised into land prices.