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After carrying out of this inquiry, it could be concluded that the general response is<br />

favorable, especially people with more than 50 years appreciate this view. As regards the<br />

second question, younger respondents consider that the memory of the place is not very<br />

important, although the weight of the "no" is not very expressive. People with more than 50<br />

years stress the importance of local memory as highly valued with just 4 people responding<br />

negatively. The most interesting insight comes from the third issue by stating that the<br />

architecture could be perceived as a work of art. Aspects of intangible culture are also<br />

valued by two age groups chosen for this analysis, but as regards the younger group, there is<br />

almost a tie, in contrast to the older group, the answer was clearly affirmative.<br />

The quest for the "Cultural Factor" will be a percentage, which in some situations will be<br />

positive and negative, namely enjoying or belittling a particular building or street. The<br />

question is the following: how much does the owner of a Heritage House, relative to the<br />

market, values the home? What about the buyers? Apparently there will be a certain value<br />

to add, but what we found out through some street interviews is that not always the<br />

intangible cultural heritage (classified) becomes an asset. It may raise certain issues related<br />

to selling, change, specific projects, and other situations.<br />

After analyzing the summary of options for recovery or depreciation in order to put into the<br />

formula of calculation, the "Culture Factor" has shown that people over the age of 50 years<br />

understand and appreciate the importance of intangible culture and local memory. It<br />

represents 20% of the value of existing work or building on that street. Are those 20%<br />

corresponding to the concern demonstrated, in any amendment to existing buildings? As for<br />

the younger group between 18 and 30 years, 76% believe that the culture and the<br />

immaterial heritage associated with the memory of the place indicate 5% concern and<br />

importance related to the intervention on the street where they inhabit. To find an average<br />

by estimating the largest number of people in each group, this percentage will be 13%.<br />

There is as well a 12% difference between the two choices of 5% and 20%, with regard to<br />

the "Culture Factor".<br />

There is also the "local memory". How much is it worth? Our interviews indicated that<br />

people between 18 and 30 years old did not give much value to the memory and the<br />

presence of a specific building in a given street, but on the contrary, people older than 50<br />

years stressed this importance. Who evaluates a building or an intervention on a street, for<br />

example, must respond to society when thinking of the constructive characteristics and<br />

materials applied or to be applied, so that there is no "cultural rubbish". Avoiding other<br />

people will not enjoy a particular well, just why there hasn't been a concern of project at the<br />

level of importance that people have in place to intervene, nor an individual care as regards<br />

local memory or intangible heritage.<br />

Based on the previous calculation formula related to the market value of a particular<br />

property, we consider the "crop factor" culture as a functional element designed for (Cc)<br />

construction cost, on (Cp) cost of the project and (Ca) administrative and commercial costs,<br />

since it will be reflected directly in these values, the application of the (Fc) "Culture<br />

Factor"in conjunction with the other reductions the functional, physical assessments, or<br />

even location. The costs related to fees and licenses are quantified in accordance with the<br />

172

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