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A basement apartment is an apartment located below street level, underneath another structure—usually an apartment building, but possibly a house or a business. Cities in North America are beginning to recognize these units as a vital source of housing in urban areas and legally define them as an accessory dwelling unit or "ADU".
Renovation (also called remodeling) is the process of improving broken, damaged, or outdated structures. Renovations are typically done on either commercial or residential buildings. Additionally, renovation can refer to making something new, or bringing something back to life and can apply in social contexts.
The new apartment buildings followed the same general plan: ground floor and basement with thick, load-bearing walls, fronts usually parallel to the street. This was often occupied by shops or offices. mezzanine or entresol intermediate level, with low ceilings; often also used by shops or offices.
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During the first half of this year, cash-refinances totaled $24 billion, down from $141 billion in the first half of 2022, per Freddie Mac data. As a share of total home equity, aggregate equity ...
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