Building Density
In urban areas, one way to organize urban development is to keep track of building density. The building density definition is a way to determine the concentration of buildings in a given geographic area.
Why does Building Density Matter?
Higher building density patterns can have several effects upon the area analyzed. Whether it’s overcrowding, increased crime levels, increased traffic, and an increase in pollution, through careful planning of building density, a city can have an impact on these. In some towns, people feel in danger in crowded areas, while in others, knowing that the street is not deserted at 3 AM might be reassuring. It depends on the safety rating of each city, but building density can also impact it.
Issues such as air rights and access rights assume great importance. Building density is also applied regarding the types of land uses. Finding the balance between industrial, commercial, and residential buildings is done through building density as well, while zoning ordinances will regulate property types on zones. Properties in high building density areas generally have greater values than the low-density areas because of the balance between supply and demand.
How is Building Density Used?
Building density’s most common way of measurement is the floor area ratio(FAR), limiting the size of the structure to the lot it is built upon. FAR covers the footprint of the building; however, it can’t control height. Because of that, there are high-rise buildings with a low-density footprint (skyscrapers) or low-rise buildings with a high-density footprint (malls).
The number of homes by land measure is a way that helps determine both building density and population density. It isn’t the most accurate one as the number of people doesn’t give us the number of households, nor does the number of buildings give us the size of the buildings.
What we do know is that tall buildings, skyscrapers, and the likes, while they increase the population density in an area, it doesn’t actually increase the building density of the area. Through high-rise buildings, the developers can maintain a low building density and supply the increasing demand for housing. The reason why high-rise buildings don't increase building density is because those buildings also need land around them. This is why New York has a lower building density than Paris, for example.
Popular Real Estate Terms
(1) Mildly convex arch built into a load bearing beam, girder, or truss to counteract any load bearing stress placed on it. (2) Slight slope designed into a structure such as a drive4way or ...
The logical definition of both words is almost enough to understand what is earnest money. Money is a form of exchange between people to assert value to something and Earnest equals ...
Taken out on property to replace or repair it if it malfunctions. It covers parts and/or service. An example is a warranty a homeowner takes out on a stove, refrigerator, or dishwasher. It ...
Transfer of real estate from one taxpayer to another that are exempt from federal income taxes. An example is an exchange of property in which ownership of transferred real estate is still ...
The direction in which a community is growing. Directional growth is measured over time, and its path strongly influences current and future market values of those properties clearly in ...
A rectangular area bordered on all sides by buildings. Often, a quadrangle is grassy with decorative landscaping. A quadrangle can be found in a central business district or on the site ...
Easement with the objective of keeping scenic beauty or to forbid constructing something else blocking that view. The property is retained in its natural setting. ...
Also called negative leverage. The interest rate on the obligation exceeds the return rate on the real estate investment. As a result losses are magnified. ...
A fully amortized mortgage necessitating periodic payments of both interest and principal. In the early years of the loan, the share of principal is smaller and the interest larger, a ...
Have a question or comment?
We're here to help.