Square-foot method
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  Square-foot method



Square-foot method

   A method of estimating a building's construction, reproduction or replacement costs; whereby the structure's square-foot floor area is multiplied by an appropriate construction cost per square foot.

RELATED TERMS
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Floor
The minimum rate possible on a variable-rate loan or line of credit, after any initial introductory rate period.



SIMILAR TERMS
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Square feet
The usual method by which rental space is defined. It is the area of that space, calculated by taking length times width.

Square footage
The area within a building, calculated by measuring the rooms by length and width.



PREVIOUS AND NEXT TERMS
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Split-fee financing
A form of joint venture participation where the lender purchases the fee land under the proposed development project and leases it to the developer.

Split-level style
A home that is a ranch-style house stacked to fit on a smaller lot and perhaps to accommodate a garage.

Spot zoning
Zoning of parcels not in conformance with the general zoning of an area.

Square feet
The usual method by which rental space is defined. It is the area of that space, calculated by taking length times width.

Square footage
The area within a building, calculated by measuring the rooms by length and width.

Square-foot method

Stabilized net operating income
Projected income less expenses that are subject to change but have been adjusted to reflect equivalent, stable property operations.

Stabilized occupancy
The optimum range of long-term occupancy that an income-producing real estate project is expected to achieve after exposure for leasing in the open market for a reasonable period of time at terms and conditions comparable to competitive offerings.

Standard coverage policy
A standard coverage policy normally insures the title as it is known from the public records.

Standard Metropolitan Statistical Area
Areas designated by the U.S. Office of Management and Budget that contain a city of 50,000 or more.

Standard payment calculation
A method of figuring out how much monthly payments should be, based on the beginning loan balance, the term and the interest rate.

This dictionary contains 6433 terms.
      












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