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Capital Improvement Costs Response Defined: 2015 RHFS
Capital improvement costs were asked for 12 separate items. For each item, respondents could either record the amount spent (including zero) or indicate that the item was not applicable.
The 12 items were summed to determine the Total Value of Capital Improvement to Property” and the “Mean Total Value of Capital Improvement to Property” was calculated.
The “No Capital Improvements,” “Not Reported,” and the “Mean Total Value of Capital Improvement to Property” categories are defined below.
- No Capital Improvements - the sum of the 12 capital improvements is equal to zero or all 12 items are reported as “Not applicable.”
- Not reported - the sum of the 12 capital improvement items is missing and “Not applicable” was not selected as a response for all 12 items.
- Mean Total Value of Capital Improvement to Property - includes properties that spent zero dollars on capital improvement but does not include those properties where the sum is missing.
Page Last Revised - October 8, 2021
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