Difference Between Residential and commercial Property Residential building construction is done for buildings that are meant to be lived in whereas commercial buildings have much more varied properties that are used for business purposes.
1.
COST The cost of building commercial structure is significantly higher than residential buiding even if they are compareable in size.
2. ELECTRICITY RATES Although both properties use electricity from the same source, the rates differ for both residential and commercial properties.
3.
LOCATION The location of the property matters the most for a commercial building. Residential property need not be in a prime location as it is only for residing.
4. CODES AND PERMITTING Regulations in commercial property constructioion are greater and generally sticker than residential construction.
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