principle of regression Definition A real estate valuation theory which states that a property of higher value is negatively affected through comparison with lower value properties. The principle may be evident during the appraisal process whereby two or more buildings with similar amenities are compared; the more marketable property may be valued slightly lower due to its location.
Independent senior living communities are the least expensive of the three primary senior living options. Monthly costs vary significantly by community type, size of apartment, location and services offered. The average total cost for a U.S. one bedroom independent senior living apartment is $2,750 per month.In 2011, the average rate for a private bedroom at a U.S. nursing home was $239 per day, or nearly $7,270 per month. Average rate for a private bedroom at an assisted living community was $3,477 per month.he average total cost for a U.S. one bedroom independent senior living apartment is $2,750 per month. In 2011, the average rate for a private bedroom at a U.S. nursing home was $239 per day, or nearly $7,270 per month.
The national median monthly rate for a one-bedroom unit in an assisted living facility is $3,500, according to the 2014 Cost of Care Survey released in April by Genworth Financial Inc. of Richmond, Virginia.