Title A Study on Evaluation method of Priority Order of Office Building Remodeling Element using Rent Index
Authors Lee. Jeong-Bok ; Bae. Jeung-Ick ; Lee. Kyung-Hoi
Page pp.47-54
ISSN 12269093
Keywords hedonic price model ; evaluation of economic efficiency ; priority order of remodeling element
Abstract After a financial crisis in korea, appearance of financial products for real estate requires a valuation on real estate, accuracy for yield on investments, transparency in operating funds and objective appraisal on the outcome. The need of building remodeling has increased, the importance of estimation of economic efficiency in building remodeling has increased. This study is intended to investigate needing of remodeling sections for the building owner and remodeling constructor. In this context, this study is focused on the "evaluation method of economic efficiency in building remodeling". In addition, this development is accomplished through hedonic price model that has an advantage to turn out a rent index controlling a structural character of office building remodeling. And this study shows how to choose the remodeling items for building owner and remodeling constructor. The objective of this study is that construction information can flow as the level of advanced countries