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updated in some cases for pre-designed tables, in other cases through decree-laws, but
none of them take into account the cultural value. Silent numbers could be called or
classified as "Cultural Factors" relating to emotion. The subjective factors are considered, for
the most part, both in more complex evaluations, as in most common assessments
(Figueiredo, 2004). As described and defined some of these subjective factors, as those who
fit the buyer's point of view, the seller, or the evaluator. There are still other factors, which
join to previous, which are those relating to imperfection and housing market, those related
to the mentality and competence of the evaluator and lastly the factors resulting from the
inadequacy of the doctrine of the activity of real estate appraisal. If we build on these
elements, the silent numbers understood here as Cultural Factors, are not directly parts of
any of the previously described, at least directly. So if you think necessary considering its
weight in an assessment.
Let's look at an example of a calculation formula for the determination of the standard
market value of any building in the State again: V = (Vt + Cc + Cp + Ca + Ctx) x (1 + M). We
propose that in order to avoid this random attitude on the application of a cultural and
aesthetic sensitivity, an assessment, and for it to be fair and perfect, more applies a factor,
which we call "Cultural Factor". We must enter it within the context of Depreciation:
physical, functional, economic and environmental, or even in the context of accessibility,
centralities, and mobilities will be here that seems more apparent that the Cultural Factor
appears. This question, nowadays, may be relevant in the eyes of many of us, but be
completely inappropriate for others, although judging from the outset to be relatively well
accepted the idea of may these tangible and intangible aspects of culture, within the
framework of a real estate appraisal. It could be considered as a reduced factor, but it can
also be a factor value.
After having carried out an investigation on Rua da Madalena in Lisbon on an experimental
basis, the people passing by on the street were asked background information, residence
location, age, and their approval of works and interventions in the buildings within their
areas of residence. Four issues were considered:
1. The residents of the street or neighborhood should participate in the evaluation of the
project of architecture.
2. Local memory is necessary on a day-to-day basis.
3. Architecture is a work of art?
4. That value should be given in an equity valuation, the previously questioned intangible
aspects. But to what extent: 5%, 10%, 20%, 50%? By choice, not equations, a percentage
exceeding 50%. We are searching buildings with pickpockets where transaction or
intervention is possible.
The results were interesting due to the differences in ages. Respondents as a whole divided
into two groups. We interviewed 100 people. 50 people were aged between 18 and 30
years old, and 50 people were aged between 65 and 80 years. Already there were few who
were living in this area since its origin, we found the children of the first owners, which fit
with the larger group of 50 years, and we have the grandchildren of the original owners
between 18 and 30 years.
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