Commercial and Residential Construction Differences Explained
Commercial construction and residential construction vary in nearly every way from the building materials used to the equipment required, and even the way funding is secured.
The differences start with the way residential properties are used compared to commercial properties.
Residential refers to buildings that are designed to be lived in.
- Single Family, Detached Homes
- Duplex, Triplex, Fourplex
- Some housing co-operatives
While Apartment Buildings are designed for residential use, large-scale apartment complexes are considered commercial property because space is leased out to others as part of a rental business.
Commercial buildings are much more varied than residential properties. While residential properties are exclusively used for private living quarters, commercial refers to any property used for business activities.
Commercial refers to hospitals, assembly plants, storage warehouses, shopping centers, office spaces, or any other location for a business enterprise.
Popular types of commercial property include the following:
- Land Investments
- Large-Scale Multifamily Housing
- Office Buildings
- Retail Space
- Storage Units
- Industrial Buildings
Commercial and Residential properties have significant key differences including Building Materials, Codes, Cost, Construction Equipment, and Construction time.
Read on to learn the nuances to both commercial and residential construction and how they can affect your current or future construction project.