MECHANISMS FOR CALCULATING COMPENSATION TAKING INTO ACCOUNT THE MARKET VALUE OF REAL ESTATE

The war in Ukraine has left devastating consequences, including thousands of damaged and destroyed buildings. One of the most pressing issues today is determining the amount of compensation for the owners of affected property. As a result of the military aggression of the Russian Federation in Ukraine, many buildings and structures have suffered damage and destruction. According to the Law of Ukraine, destroyed real estate objects are those located in Ukraine that have become unsuitable for their intended use due to hostilities, terrorist acts, or sabotage caused by the armed aggression of the Russian Federation against Ukraine. These objects cannot be restored through current or major repairs, reconstruction, or restoration, or their res. Scientific novelty. Using the example of an object affected by the armed aggression of the Russian Federation in the city of Dnipro, conduct a cost analysis and determine compensation for the destroyed real estate object. Practical significance. The procedure for determining the market value and compensation for a destroyed real estate object has been tested. According to the calculations, the market value of apartments falls within the range of the appraised value determined using the Unified Database of Appraisal Reports, taking into account the permissible 25 % range. Results. An algorithm for determining the market value and compensation for destroyed real estate objects has been developed and tested. The calculation results will enable residents of the affected property to receive certificates for compensation for the destroyed assets. It should be noted that the calculations were performed under current wartime conditions, where housing market prices in the city of Dnipro are experiencing negative dynamics, while costs for construction materials and work are rising due to inflation and a labor shortage. For instance, after the end of hostilities, this imbalance in indicators might level out, making restoration feasible. However, under the current conditions of economic uncertainty, it is impossible to predict when exactly this might occur. Nevertheless, theoretically, such an outcome is possible.