Market value criterion to evaluate the refurbishment of multistorey apartment buildings

Abstract

The difference between 1 m2 of market value of a building of new construction and the average price of 1 m2 of a building of old construction and the price of renovation means for it will decide the size of the of the packed of the investments into renovation. Therefore aiming at increasing the effect of renovation it is very important to select the implementation ot its means rationally. For this purpose the multicriteria valuation method is recommended to be applied, consequently not only the renovation price is taken into account but also qualitative and quantitative properties, e.g. thermal conductivity, sound isolation, workabilioty, comfort and etc.