중ㆍ소규모도시의 아파트가격결정요인에 관한 연구 - 춘천지역의 가격특성분석을 중심으로 -

A Study on the Pricing Determinants of Apartment Houses in Medium-and Small-sized Cities - Based on the Analysis Results of the Price Characteristics of the Chuncheon Area -

1. CONTENTS (1) RESEARCH OBJECTIVES The purpose of this study was to identify the factors influencing the pricing of apartment houses, produce more effective information in the aspect of information distribution, and thus contribute to better decisions on real estate. The prices of the apartment houses in the Chuncheon area were categorized according to the physical, individual, and local factors in order to search for the factors affecting the pricing of apartment houses in medium- and small-sized cities. (2) RESEARCH METHOD For the analysis, the hedonic price model, which was one of the methods to estimate social convenience, was used along with the SPSS statistical program and regression analysis. (3) RESEARCH RESULTS Since the housing markets have many different characteristics by regions, it's hard to identify the exact price factors. The study, however, showed that the physical and individual factors were the most influential in the pricing of apartment houses in mediumand small-sized cities. 2. RESULTS The view with the lake and location within the railway or subway station area were expected to serve as the critical pricing determinants for the apartment houses in the Chuncheon area for the reasons that the consumers were favorable to environment and that the better access was secured to Seoul and the metropolitan area respectively. 3. KEY WORDS hedonic price model, regression analysis, medium- and small-sized cities, decisions on real estate.