Gochang-gun, Individual Housing Prices Determined and Announced on the 29th

[Asia Economy Honam Reporting Headquarters Reporter Kim Jae-gil] Gochang-gun, Jeonbuk announced on the 28th that it will determine and publicly announce the prices of 19,092 individual houses as of January 1 this year on the 29th.

Since November last year, the county conducted a full survey of the characteristics of individual houses in the area, calculated the prices, underwent verification by the Korea Appraisal Board, and allowed a period for owners (interested parties) to submit their opinions. On the 21st, the Real Estate Price Disclosure Committee reviewed the draft individual house prices as of January 1, 2020.

The committee comprehensively examined the appropriateness of the housing characteristic survey and comparison standard houses, the objectivity and fairness of individual house prices, and equity with nearby houses.

Individual house prices are not separately notified to owners, so they can be viewed on the county website or by visiting the county, eup, or myeon offices where the houses are located.

House owners (interested parties) who have objections to the determined and publicly announced prices can fill out and submit an objection form available at the county General Civil Affairs Division, Finance Division, or the eup/myeon office where the house is located by the 29th of next month.

Houses with received objections will undergo re-investigation and verification by the Korea Appraisal Board, and the results will be notified to the objectors.

Jo Jeong-ho, head of the Finance Division at Gochang County Office, said, “Since individual house prices are applied as the tax base for local and national taxes and used as reference data for various standard market prices, we ask owners to review the determined and publicly announced individual house prices within the objection period.”

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