Ordinance & Law coverage pays for the increased cost of reconstruction.

Doesn't seem to me that those values for 9300 sf are out of line (and may seem light for a reconstruction value)...

I once took an upper corner cabinet apart with a circle saw and a six pack of beer one night,,,and reconstructed it as a lower with a toe kick. 

It's not too far from the new Fenton and the reconstruction of downtown Cary.

Before you buy it, recommend you reconstruct the income statement.RevenueLabor costProperty taxesInsuranceWater/sewerElectricLandscape and snow removalMaintenancemanagement feeLaundryEtcValidate their $450 number.    

Constructs or reconstructs it.

@ Natalie Kolodij I thought the activities to qualify as a REP are rather broad such as acquisition, sales, reconstruction, conversion etc...  

The case specifically stated that the taxpayers used wife's calendar and receipts to reconstruct the time and entries on both spreadsheets for the first half of 2014, and that for the second half of 2014, the time entries came from a contemporaneous log wife maintained on her phone on which she entered the date, location, time and description of each task she performed.

I reconstructed the 2019 shareholder basis which is inequal but noticed a JE to equalize basis by prior CPA.

The Co-insurance clause will state that you must carry an insurance limit on the property in an amount greater than or equal to a certain percentage of its total reconstruction value.