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wnh�me}C�on�do Improvements <br />765 units have a value less than <br />$100,000 — little or no renovation <br />completed since 1980 <br />. Cost to Renovate <br />. Estimated $15,000 per unit <br />. 765 x $15,000 = $11.5 million <br />1 �1 �i��i <br />�+I�Iti F��al�r Study <br />Jointlyfunded by HRA/Council <br />. Data Completed in 2003 <br />. ReportCompleted in 2004 <br />� <br />ar �,f.���,.� w <br />ou�inr� <br />Slr4yle F�mIF�r <br />�•a•+*a� <br />r <br />�Town homes & <br />Condominiums <br />Total <br />��� � <br />�r�diti�r� Summary <br />Tab+l j# Units to Improvement <br />kdnlyd G"'p�v�''+ , �a� _ <br />�� � 15� �� infll <br />4039 600 � $9 mill <br />2,076 : 765 $11.5 Rnll <br />14,615� 1,517 � $�� rnl� <br />.� �. a...�� �. <br />Multi Family Study <br />��mrr��n� - --- <br />Aging Rapidly— 90%are 30 years or <br />older <br />Younger renters have higherturnover <br />. Younger renters tend to move out of <br />Rasevilte <br />13% of units are under the average <br />value per unit for Ramsey Courrty <br />��i � d�� r�s � <br />� <br />