HUBEI AGRICULTURAL SCIENCES ›› 2020, Vol. 59 ›› Issue (3): 154-157.doi: 10.14088/j.cnki.issn0439-8114.2020.03.034

• Economy & Management • Previous Articles     Next Articles

Evaluation of ancient architecture value based on contingent valuation method

LI Min   

  1. Hunan Gongxin Real Estate Valuation Brokerage Company Ltd.,Changde 415000,Hunan,China
  • Received:2019-05-07 Published:2020-05-11

Abstract: Ancient buildings not only have economic value, but also have historical, cultural, aesthetic and other values. A comprehensive assessment of their true value is conducive to the protection of ancient buildings. Taking an ancient building in Longshan county as an example, the public's willingness to pay for the protection and repair of the ancient building was investigated, and the value of the ancient building was measured using conditional value method. The results show that 68.45% of the respondents are willing to pay to protect and repair ancient buildings; respondents' average willingness to pay for the protection and repair of ancient buildings was 13.812 yuan; the value of the ancient building calculated based on the conditional value method is 14.78% higher than that measured by the cost method. Therefore, the conditional value method is a reasonable and feasible method for evaluating the value of ancient buildings.

Key words: ancient architecture, value evaluation, contingent valuation method, willingness to pay

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