Korean Journal of Construction Engineering and Management (한국건설관리학회논문집)

Korea Institute of Construction Engineering and Management (한국건설관리학회)
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An Analysis of Housing Price Affected by the Implementation Stage of Redevelopment Project

재개발사업 특성 및 시행단계에 따른 사업구역 내 주택가격영향에 관한 연구

  • Lee, Jaewon (Department of Real Estate Studies, Konkuk University) ;
  • Bae, Sangyoung (Department of Real Estate Studies, Konkuk University) ;
  • Lee, Sangyoub (Department of Real Estate Studies, Konkuk University)
  • Received : 2019.07.13
  • Accepted : 2019.09.04
  • Published : 2019.11.30
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Abstract

The purpose of this study is to analyze the housing price variation within the redevelopment project district, affected by the characteristics of project and implementation stage. This study implemented the hedonic price model employing the actual transaction price with 24 dependent variables from 2006 to 2016 inside 19 redevelopment districts in Seoul. Research finding indicates that the larger ratio of the number of tenants and general distribution, the smaller ratio of rented households and the more positive effect of housing price. It is noteworthy that this study demonstrated the actual transaction price of houses located within the project districts by implementation stage. This study is expected to help the policy makers, the developers and the investors make more reliable decisions on the feasibility study related to the redevelopment project.

본 연구는 재개발사업의 사업특성 및 시행단계에 따른 사업구역 내 주택가격에 대한 영향을 파악하기 위해 2006년부터 2016년까지 관리처분계획의 인가까지 완료된 서북권의 마포구 3개, 서대문구 8개, 은평구 8개 구역의 주택가격 변화를 분석하였다. 실거래가를 종속변수로 하고, 세입자수, 조합원수, 분양세대수, 정비기반시설면적 비율 등 각 사업구역의 특성과 사업시행단계를 독립변수로 가지는 헤도닉 가격모형으로 분석한 결과, 단계가 진행될수록 거래가격은 증가하고, 토지 및 건물특성 변수를 통해 관리 처분계획의 인가 이전까지 사업구역 내 주택은 주거공간으로서의 특성이 가격에 반영되고 있는 것으로 확인되었다. 또한 조합원수 대비 세입자수와 일반분양세대수의 비율이 클수록, 임대세대수비율이 적을수록 주택 거래가격에 긍정적인 영향을 미치는 것으로 나타났다. 본 연구는 사업의 시행단계별로 해당 사업구역 내에 위치한 주택의 실거래가격을 실증 분석하였다는 점에서 기존연구와 차별점이 있으며, 이를 통해 정책 결정자나 개발자, 구역 내 자산 소유자에게 시장변화를 예측하고 사업성을 판단하기 위한 시사점을 제공하고자 한다.

Keywords

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