Year of Construction
The "Year of Construction" refers to the specific year when a building or structure was completed. This information is important for understanding the age of the property, its architectural style, and any historical significance it may hold. It can also influence property value and insurance rates.
In real estate, the year of construction is often listed in property descriptions and can help buyers assess the condition and potential maintenance needs of a home. For example, a house built in 1920 may have different features and requirements compared to one constructed in 2020.