Abstract
It is important for housing stock to preserve houses in good condition. However, in the housing market of Japan assessment are out of regard for remodeling. Also consumers couldn't get enough information about housing condition. It is too difficult to analyze quantitatively, because hardly anyone grasp date what are defined by regulation in Japan. This paper analyzes the housing market of existing condominium on the Hikarigaoka new town in Tokyo. The date aregathered from a neighborhood paper is made by a real estate broker. The neighborhood paperdisclose sketch, remodeling information and so on besides an outline of existing condominium, it isn't common.
An analysis for making clear formation of the housing price under the influence remodeling information has been done by using hedonic analysis. In conclusion, the remodeling information affects not a little housing price. It is out of proportion with the cost of remodel. The Japanese housing market needs to open information and to assess the quality of house. It is impossible to make stock without disclosure and improve assessment.
