The purpose of this study is to find out the methodologies, using GIS techniques, to appraise the parcel prices and to estimate the compensation expenditures according to road expansions. This study consists of 2 parts. The first pare is to find out t...
The purpose of this study is to find out the methodologies, using GIS techniques, to appraise the parcel prices and to estimate the compensation expenditures according to road expansions. This study consists of 2 parts. The first pare is to find out the ways for appraisal of patrol prices in certain area by the publicly announced land prices. The second part is to estimate the differences of compensation expenditures according to road expansion methods. The conclusions are as follows. First, to appraise the target parcel prices, a comparison to the publicly announced land prices should be used. For this, 19 items of land characteristics of existing land information should be analyzed and compared using GIS techniques. Second, the compensation expenditure could be easily estimated using GIS techniques too. In this process, if necessary, we have to apply the minimum parcel size in Building Codes.