VALUE COMPONENTS OF HISTORIC RESIDENTIAL PROPERTIES EVIDENCE FROM BUDAPEST REAL ESTATE MARKET

摘要

There are plenty of historic buildings bearing different stylistics in Budapest and many of them have residential function. In the city center of Pest, most of the properties are historic buildings constructed between the period of the Austro-Hungarian Compromise in 1876 and the World War II, but Buda also has some residential dwellings with historic value. Estimation of the value of the Budapest residential housing is an important issue for owners, real estate developers and investors, nevertheless not many studies have focused on the value components of those buildings in Central Eastern Europe or Hungary.