Methodological foundations for analysis and selection of investment projects for housing stock reconstruction

Authors

DOI:

https://doi.org/10.32347/2707-501x.2023.52(3).179-187

Keywords:

investment, project, investment project, development project, reconstruction, housing stock, optimality, attractiveness, efficienc, management, methods, tools, methodological approach

Abstract

The current housing stock in Ukraine is characterized by significant physical and moral deterioration, negatively impacting the population's quality of life and creating serious risks for residential safety. Given the limited budgetary resources and substantial capital investments required for constructing new housing, maximizing the potential of existing buildings and territories through effective reconstruction of outdated housing has become an essential task. Addressing this issue requires developing and implementing scientifically grounded methodological approaches to analyze and select investment projects for housing reconstruction. The research employed modern mathematical methods, ensuring accuracy in quantitative assessments and enabling the resolution of complex multifactorial problems beyond traditional analytical approaches. Specifically, factor analysis was applied, transitioning from an initial set of factors to a clearly structured factor model, identifying critical parameters significantly affecting the key investment indicators of reconstruction projects.

The article develops an algorithm for selecting the optimal investment project for housing reconstruction, encompassing stages from preliminary evaluation of objects, analysis of their technical condition, and marketing research to financial-economic analysis and calculation of an integral indicator of investment attractiveness.

The proposed methodology facilitated identifying the significance of spatial factors such as the attractiveness of the location, the condition of surrounding areas, infrastructure status, and environmental conditions, all directly affecting the investment attractiveness of reconstruction projects. Additionally, the research highlighted the necessity to consider not only technical and economic characteristics of real estate objects but also a comprehensive risk analysis associated with project implementation.

References

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Published

2023-11-24

How to Cite

Slobodeniuk, O. (2023). Methodological foundations for analysis and selection of investment projects for housing stock reconstruction. Ways to Improve Construction Efficiency, 3(52), 179–187. https://doi.org/10.32347/2707-501x.2023.52(3).179-187

Issue

Vol. 3 No. 52 (2023): Ways to Improve Construction Efficiency

Section

Papers

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