| Title |
Analysis Methodology for Feasibility Study of Remodeling of Age d Apartment by Comparative Analysis of Price Influencing Factors |
| Authors |
Bae Byungyun ; Kim Kyungrai ; Shin Dongwoo ; Cha Heesung |
| DOI |
http://dx.doi.org/10.6106/KJCEM.2017.18.6.047 |
| Keywords |
Feasibility Study ; Price Influence Factor Analysis ; Remodeling of Aged Apartment ; Stair Price Algorithm |
| Abstract |
As of 2017, there are 848 million households living in apartment and 55.87% of Aged apartments over 15 years old. The allowable standard for remodeling the apartment is more than 15 years and the market for remodeling the apartment will continue to increase. For the success of the remodeling project feasibility analysis is important but the existing feasibility analysis of new construction and reconstruction is being used for remodeling feasibility analysis. Therefore, it is necessary to study the feasibility analysis of customized remodeling without increasing the number of households according to the building law. Purpose of this paper is to develop a feasibility analysis methodology for customized remodeling projects by deriving the factors affecting the formation of land prices and building prices in apartment. According to the concept of price formation of the apartment, the analysis method of the customized remodeling of the old apartment using the factors affecting the Land Price Indexes, Officially Assessed Individual Land Price, House Price Indexes, and Officially Assessed Individual House Price was suggested. The Stair Price Algorithm developed in this research can be utilized at the stage of selecting remodeling contractors after the remodeling housing association is established. |