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[-] exothermic@lemmy.world 7 points 1 year ago

I’ve heard that leaving one wall up like this classifies a construction project as a renovation. I’m guessing this was done because it was cheaper or it’s in a historic district? Idk

[-] kubica@fedia.io 4 points 1 year ago

If that's renovation anything can be called renovation.

[-] merde@sh.itjust.works 4 points 1 year ago

in old towns, unless the construction method itself has historical importance, they just keep the facade and build behind.

[-] CoCo_Goldstein@lemmy.world 4 points 1 year ago

I've heard the same. If a property is 'renovated', it retains the same value, tax wise, no matter how much larger the renovated building is.

Not sure how this plays out with a formerly tax exempt property like a church once it get converted into a non-tax exempt property such as a residential apartment building.

this post was submitted on 12 Dec 2024
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hmmm

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