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
Statement filed with a governmental authority declaring property a homestead for the purposes of securing a homestead exemption. The declaration of homestead has no effect on the property ...
The definition of the term “demise” covers more spectrums than just real estate related. Most commonly the term demise is used to talk about someone’s death. It is also ...
Party that receives part or all of a construction job to do from the general contractor. ...
Adding a period of time onto another. An examples a mortgagor who successfully restructures his loan by tacking another five years onto the term. ...
Removing a debt by making full payment. A mortgage discharge is a document formally specifying that a mortgage debt have been paid. It is typically recorded in a local property deeds ...
Increase in the amount of money available for businesses and people to by real estate because of lower interest rates. Easy money stimulates spending on investment such as houses. See also ...
Agreement by a lender to lend money to a borrower. A loan commitment typically includes the amount of money to be lent, the interest rate, and the period of the loan. ...
A knowledgeable person authorized to aid in the underwriting of property and casualty insurance. ...
Blockbusting is a despicable and illegal racist business practice. Here’s how Blockbusting happens: a real estate agent, or someone posing as one, comes to a homeowner and instills ...
Have a question or comment?
We're here to help.