Technical and Economic Feasibility Study for the Restoration of a Residential Real Estate Property
Year: 2025
Type: article
Abstract: As a result of the military aggression of the Russian Federation in Ukraine, a large number of buildings and structures have been damaged or destroyed. The issue of assessing the extent of material losses and damage in a short time, as well as substantiating the economic feasibility/infeasibility of reconstruction, is more relevant than ever. To restore normal living conditions in areas that were under occupation or in combat zones, it is necessary to take a number of measures: first, damage assessment followed by inspection of damaged buildings and determination of the resources needed for real estate restoration. Using an example of the property damage caused by the military aggression of the Russian Federation in Dnipro, an analysis of the economic feasibility or inexpediency of restoring the real estate that has become unsuitable for its intended usage was conducted. An algorithm for determining the economic feasibility/infeasibility of restoring an object has been developed and implemented in Sobornyi district of Dnipro. The developed procedure for assessing the feasibility/infeasibility of restoration can be applied to determine the category of destroyed real estate objects. The algorithm was developed and tested in the Sobornyi district of Dnipro. The calculation results enabled residents of the affected property to get housing certificates for compensation for the destroyed property.
Authors: Evgeni LANDO, Ann MURAKHTANOVA, TOV Ekspert+, Sicheslavska Naberezhna Str., 15A, office 406, 49102, Dnipro, Ukraine., Artem SOPILNYAK, Liliia DADIVERINA, Anna JASKOT, Damian JOŃCZYK
Language: English
Topic: Urban Planning and Valuation
Subfield: Geography, Planning and Development
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4411809771