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It’s one thing to calculate the value of a single-family dwelling, but the process can seem a little more complicated when it comes to multifamily properties. If you have ever wondered how to value your commercial multifamily property, here’s what you need to know.
If you are considering building from scratch, there are two main approaches that you will have to choose between. These are known as turnkey and design-build construction. Turnkey construction usually follows a traditional planning and management process that is familiar to anyone involved in larger-scale projects. Meanwhile, design-build construction is a much more personalized and hands-on approach that is best-suited to smaller development projects.