FINC 371 exam 3 HW questions With Complete Solutions!!
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Course
FINC 371
Institution
FINC 371
detached house. - ANSWERA house that is separated from any adjoining structure with at least some open land on all four sides is a
patio house.
zero-lot house.
detached house.
second home.
All of the above - ANSWERThe advantages of attached housing include
All of the above
lower per unit d...
FINC 371 exam 3 HW questions With Complete Solutions!!
detached house. - ANSWERA house that is separated from any adjoining structure with at least some
open land on all four sides is a
patio house.
zero-lot house.
detached house.
second home.
All of the above - ANSWERThe advantages of attached housing include
All of the above
lower per unit development costs.
lower per unit land costs.
less environmental impact on the site.
greater development costs per unit. - ANSWERAdvantages of attached housing include all EXCEPT
lower per unit land costs.
greater development costs per unit.
less ecological impact on the site.
less time spent on maintenance.
detached houses. - ANSWERPatio apartments are similar to
manufactured homes.
detached houses.
condominiums
cooperatives.
common walls. - ANSWERThe attached row house is a type of dwelling on its own fee simple lot that
shares
common areas.
common walls.
, each unit.
owners.
Improved design - ANSWERThe changing image of the mobile home has been brought about by
which of the following factors?
Introduction of local construction codes
Self driven units
Color selection
Improved design
False - ANSWERA low percentage of unsold housing units generally indicates a good market; whereas
a low number of unsold houses always indicates a good housing market.
True
False
True - ANSWERThe suburban version of the row house is called a townhouse.
True
False
Estimation of future demand - ANSWERWhich of the following is not a step in the market analysis
process for residential development?
Delineation of the trade area
Determining the impact of regional trends on the local market
Estimation of future demand
Determination of possible changes in the demand factors
True - ANSWERA patio house, or zero-lot-line house is similar to a detached house.
True
False
True - ANSWERMobile-home financing has become more comparable to conventional home
financing in recent years.
True
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