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In the USA, crawl space is often built when building a basement would be impractical. A crawl space can also substitute for a concrete slab foundation that would hinder building inspections. [1] The crawl space's functions include providing access to repair plumbing, electrical wiring, and heating and cooling systems without the need for ...
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
Housing economists point to five main reasons that the market will not crash anytime soon: low inventory, lack of new-construction housing, large amounts of new buyers, strict lending standards ...
The average cost of a new home in 1990 is $149,800 [19] ($234,841 in 2007 dollars). 1991–1997: Flat Housing prices. 1991: US recession, new construction prices fall, but above inflationary growth allows them to return by 1997 in real terms.
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A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...