@article{ART002093694},
author={SHIN WOOJIN and 문소연},
title={Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2016},
volume={26},
number={1},
pages={63-72}
TY - JOUR
AU - SHIN WOOJIN
AU - 문소연
TI - Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city
JO - Korea Real Estate Review
PY - 2016
VL - 26
IS - 1
PB - korea real estate research institute
SP - 63
EP - 72
SN - 2092-5395
AB - The purpose of this study is to analyze the value of larger land parcels with real land use. Most people, including appraisers, can be thought that the larger land parcels, the lower its unit value; however, some cases show that it’s wrong. Especially, in KEPCO’s headquarter site case, we can find that the larger land parcels could be higher value than we expected; that is, the value of larger land parcels can be increased. However, the related research is not sufficient. In addition, the ‘A land price comparative table’ is not enough to apply those effects to comparable lands for it is not directly related to real land use. In this research, to identify the appraisal evaluation on larger land parcels, multiple regression analysis was applied. 2015 Gwangju-city’s officially assessed reference land unit price based on the real land use such as a single house, commercial, mixed-use premises and farm⋅rice paddy was used. As a results, while a single house and mixed-use parcels show that land value is decreasing up to 826㎡ and 576㎡ respectively; however after that, the land value is increasing. On the other hand, commercial, farm and rice paddy do not show the larger land parcel effect. This study result could be useful source to modify the ‘A land price comparative table’ and to analyze appraisal value and land exchange pattern.
KW - larger land parcels;2nd order polynomial regression;real land use;reference land;appraisal
DO -
UR -
ER -
SHIN WOOJIN and 문소연. (2016). Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city. Korea Real Estate Review, 26(1), 63-72.
SHIN WOOJIN and 문소연. 2016, "Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city", Korea Real Estate Review, vol.26, no.1 pp.63-72.
SHIN WOOJIN, 문소연 "Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city" Korea Real Estate Review 26.1 pp.63-72 (2016) : 63.
SHIN WOOJIN, 문소연. Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city. 2016; 26(1), 63-72.
SHIN WOOJIN and 문소연. "Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city" Korea Real Estate Review 26, no.1 (2016) : 63-72.
SHIN WOOJIN; 문소연. Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city. Korea Real Estate Review, 26(1), 63-72.
SHIN WOOJIN; 문소연. Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city. Korea Real Estate Review. 2016; 26(1) 63-72.
SHIN WOOJIN, 문소연. Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city. 2016; 26(1), 63-72.
SHIN WOOJIN and 문소연. "Appraisal Evaluation on Larger Land Parcels based on Real Land Use:Focused on Gwangju-city" Korea Real Estate Review 26, no.1 (2016) : 63-72.
