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This development pattern is centered around the idea of "live, work, play," transforming buildings and neighborhoods into multi-use entities. Efficiency, productivity, and quality of life are also increased with regards to workplaces holding a plethora of amenities. [17] Examples include gyms, restaurants, bars, and shopping.
The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...
Land development is the alteration of landscape in any number of ways such as: Changing landforms from a natural or semi-natural state for a purpose such as agriculture or housing. Subdividing real estate into lots, typically for the purpose of building homes.
e. Non-profithousing developersbuild affordable housingfor individuals under-served by the private market. The non-profit housing sector is composed of community development corporations(CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the ...
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. [1][2] In terms of law ...
2. Joseph Leopold Eichler (June 25, 1900 – July 1, 1974) was a 20th-century post-war American real estate developer known for developing distinctive residential subdivisions of mid-century modern style tract housing in California.
Homeowner association. Appearance. A homeowner association [or homeowners' association (HOA), sometimes referred to as a property owners' association (POA), common interest development (CID), or homeowner community], is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
Levitt & Sons. Levitt & Sons was a real estate development company founded by Abraham Levitt and later managed by his son William Levitt. The company built the town of Levittown, New York. The company's designs and building practices transformed the home building industry and altered the north eastern landscape of the United States with massive ...
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