Haymarket, Virginia · General provision

Definitions

Extracted standards

2 individual requirements pulled out of this section’s prose, each with the sentence it came from.

Other

  • Substantial damage threshold50 pct

    cost of restoring equals or exceeds 50% of market value

  • Substantial improvement threshold50 pct

    cost of improvement equals or exceeds 50% of market value

From the ordinance

Substantial damage: Damage of any origin sustained by a structure whereby the cost of restoring the structure to its before-damaged condition would equal or exceed 50 percent of the market value of the structure before the damage occurred. Substantial improvement: Any repair, reconstruction, or improvement of a structure, the cost of which equals or exceeds 50 percent of the market value of the structure...
Definitions