External and internal factors that influence the value of real estate are analyzed. Housing stock has increased in recent years due to new construction, while the number of privately owned properties has risen and publicly owned properties have decreased. Old buildings require repairs to be safely used, and over time their external appearance deteriorates without renovations. Collecting and analyzing data in a database like Excel allows for sorting information and performing calculations to offer apartment prices depending on location and number of rooms. Corrections are applied during valuation using the comparative analysis method, such as for the heating system, floor number, physical condition, and roof state.
External and internal factors that influence the value of real estate are analyzed. Housing stock has increased in recent years due to new construction, while the number of privately owned properties has risen and publicly owned properties have decreased. Old buildings require repairs to be safely used, and over time their external appearance deteriorates without renovations. Collecting and analyzing data in a database like Excel allows for sorting information and performing calculations to offer apartment prices depending on location and number of rooms. Corrections are applied during valuation using the comparative analysis method, such as for the heating system, floor number, physical condition, and roof state.
External and internal factors that influence the value of real estate are analyzed. Housing stock has increased in recent years due to new construction, while the number of privately owned properties has risen and publicly owned properties have decreased. Old buildings require repairs to be safely used, and over time their external appearance deteriorates without renovations. Collecting and analyzing data in a database like Excel allows for sorting information and performing calculations to offer apartment prices depending on location and number of rooms. Corrections are applied during valuation using the comparative analysis method, such as for the heating system, floor number, physical condition, and roof state.
External and internal factors that influence the value of real estate are analyzed. Housing stock has increased in recent years due to new construction, while the number of privately owned properties has risen and publicly owned properties have decreased. Old buildings require repairs to be safely used, and over time their external appearance deteriorates without renovations. Collecting and analyzing data in a database like Excel allows for sorting information and performing calculations to offer apartment prices depending on location and number of rooms. Corrections are applied during valuation using the comparative analysis method, such as for the heating system, floor number, physical condition, and roof state.
FACTORIAL ANALYSIS OF THE VALUE OF THE RESIDENT REAL ESTATE
Evaluation of the real estate is the estimate real estate value taking into account all factors that influence value. Factors influencing the estimated value of real estate can be divided into external factors and internal factors. For determinating the value is analyzed factors influence the location and physical condition of real estate in the country. Housing fund has increased considerably in recent years due to the number of new construction occurring each year. The real estate in public property are less because a lot of them was privatizate, while the number of private properties increases. At the same time increase the number real estates in urban areas and the number of rural real estate decreases. Old buildings are used construction requiring repairs to be further used without putting human lives at risk. From the year of passing the external appearance of the buildings is getting worse because there is no question of renewing facades, and not just facades. It is risky to buy an apartment in an old building since the life of the real estate get closer to an end, the life of the constructive elements is long since past and it was not replaced. One solution would be to adapt the program consolidation of old buildings used in Romania. In any research that consists in gathering information and analyzing it using a platform of creating a database. In this case Excel software is used, it allows sorting and filtering information gathered to perform further calculations necessary. Based on an analysis of collected data offer prices for apartments depending on the sectors in which they are located, but also in price dependent on the number of their rooms. Corrections applies to calculating the value of comparative analysis method, when evaluated property improvements are compared with other property exposed on the market, the paper calculated correction to the heating system, floor number correction, the correction of the physical condition, state correction roof. The given work includes three chapters, two duntre which include analysis of current situation, and the third evaluation of real estate, 21 figures, 19 tables, 45 bibliographical sources, all that extend 73 pages. In conclusion present some problems are identified and solutions proposed effective for them, such as the deplorable physical condition the locative funds in the country for a year on year becomes worse, reduction of green areas and the related to evaluation activity.