Automated selection of value efficient buildings refurbishment alternatives

Abstract

It has often been assumed theoretically that refurbishment would enhance the market value of the aged buildings because it can restore and improve the building conditions physically and economically. However, refurbishment should be considered as investment which is not always profitable. In order to select value efficient refurbishment alternatives automated tools are used. The main purpose of this article is to propose automated system for value efficient refurbishment alternatives selection.