Investment strategy for ensuring quality of finishing works on residential buildings

The relationship between the quality of finishing works, costs, market value, and profit, is presented and explained for residential buildings. The results show that the higher quality of finishing works increases profit for investors. As the maximum market price is limited, there is a limit when th...

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Bibliographic Details
Published inGrađevinar (Zagreb) Vol. 67; no. 5.; pp. 451 - 460
Main Authors Boris Dimitrijević, Zoran Stojadinović, Igor Milošević, Mirjana Dimitrijević
Format Journal Article
LanguageEnglish
Published Croatian Association of Civil Engineers 01.06.2015
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Summary:The relationship between the quality of finishing works, costs, market value, and profit, is presented and explained for residential buildings. The results show that the higher quality of finishing works increases profit for investors. As the maximum market price is limited, there is a limit when the investment in finishing work is no longer cost-effective as, after increase in costs, the market value decreases and the profit reduces. The research methodology presented in the paper can be applied to any residential real estate market.
ISSN:0350-2465
1333-9095
DOI:10.14256/JCE.1098.2014