재건축 기대에 따른 아파트 특성요인의 시계열적 가치분석

초록

The purpose of this study is to determine how the value of apartment characteristics changes in Seoul according to the expectation of reconstruction. Specifically, this study compares the apartment value system affected by the construction expectation and those are not affected. Moreover it also analyzes time series value change of the apartment characteristics based on modified repeat sales model based on the mark to market prices of apartments divided into two category, over than 17 building years which are considered the construction expectation and less than 17 years which are not considered. The study concludes that the impact of apartment characteristics on the price differs from the construction expectation. Especially, the apartments with less than 17 years are found to have the price effects in the internal characteristics, while those with over than 17 years are more related to the external characteristics. Also, a high availability of floor area ratio that can be expected to be a benefit greatly from the reconstruction is crucial to enhancing the price. The offset is more likely to be bigger when it comes to reconstruction. The study suggests an idea of what factors are more interested in private sector when considering reconstruction, as well as the need for the government policy to secure the stability of housing market.

키워드