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@article{195245,
author = {Siddharth R Desai and Dr CA Marzun Jokhi},
title = {Structural Quality as a Driver of Real Estate Value: A Professional Perspective},
journal = {International Journal of Innovative Research in Technology},
year = {2026},
volume = {12},
number = {10},
pages = {7750-7760},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=195245},
abstract = {Despite the widely acknowledged importance of structural engineering in construction, its specific contribution to real estate valuation has remained empirically underexplored. This study investigates the relationship between structural engineering quality and building valuation by examining professional perceptions across the construction and real estate industries. Using a quantitative cross-sectional survey design, structured questionnaires were administered to 150 professionals, yielding 107 valid responses (71.33% response rate) from civil engineers, structural engineers, real estate valuers, architects, and property developers. Analysis reveals strong consensus on the valuation significance of structural engineering parameters: foundation quality, material durability, and structural integrity were rated highly or extremely important by over 70% of respondents, while material quality and maintenance requirements were identified as the factors most strongly linked to long-term value retention. Over 70% of respondents believed that high-quality structural engineering moderately or significantly improves long-term asset value, and nearly 90% anticipated that its importance in valuation practice would increase over the next decade. The findings suggest that structural quality has evolved from a baseline compliance requirement to an active value differentiator, with implications for valuation methodology, investment decision-making, and performance-based policy incentives. Drawing on prospect theory, this study contributes to an emerging interdisciplinary dialogue between structural engineering and property economics, and provides a foundation for integrating engineering performance indicators into formal valuation frameworks.},
keywords = {structural engineering quality; real estate valuation; building performance; property value retention; whole-life cost},
month = {March},
}
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