Value of dwelling

Part A - Short definition:

Not applicable

Part B - Detailed definition:

Refers to the dollar amount expected by the owner if the dwelling were to be sold.

Reported in:

2011

Reported for:

Owner-occupied non-farm dwellings

Question number(s):

Direct variable: Question E10(d)

Responses:

Dollar value

Remarks:

'Value of dwelling' refers to the value of the entire dwelling, including the value of the land it is on and of any other structure, such as a garage, which is on the property. If the dwelling is located in a building which contains several dwellings, or a combination of residential and business premises, all of which the household owns, the value is estimated as a portion of the market value that applies only to the dwelling in which the household resides.