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Building Information Modelling (BIM) for property valuation: A new approach for Turkish Condominium Ownership

Simsek, Nida Celik; Uzun, Bayram


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{
  "DOI": "10.1080/00396265.2021.1905251", 
  "abstract": "In Turkey, calculation of the factors affecting the value of the condominium units of a building via 2D architectural project data leads to problems. One of the biggest problem is the land share calculation. The aim of this study was to establish a mechanism by which the properties of the factors affecting the value can be determined mathematically and to arrive at a value-based land share. For this purpose, the study utilized a 3D virtual Building Information Modelling (BIM) model. The value factors and weights were determined via a questionnaire, 3D BIM model of the structure was created, metric values of the factors were calculated and the nominal values of the condominium units were calculated. This study demonstrate that a building nonexistent in the real world can be represented in a virtual environment and comparable information source can be presented to the expert who will carry out the valuation process.", 
  "author": [
    {
      "family": "Simsek", 
      "given": " Nida Celik"
    }, 
    {
      "family": "Uzun", 
      "given": " Bayram"
    }
  ], 
  "container_title": "SURVEY REVIEW", 
  "id": "238632", 
  "issue": "384", 
  "issued": {
    "date-parts": [
      [
        2022, 
        1, 
        1
      ]
    ]
  }, 
  "page": "187-208", 
  "title": "Building Information Modelling (BIM) for property valuation: A new approach for Turkish Condominium Ownership", 
  "type": "article-journal", 
  "volume": "54"
}
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