locus rebuild cost context derived

{
  "input": {
    "body": {
      "address": "1 E Edenton St, Raleigh, NC 27601"
    },
    "type": "http",
    "method": "POST",
    "bodyType": "json"
  },
  "output": {
    "type": "json",
    "example": {
      "ok": true,
      "geo": {
        "state": "NC",
        "county": "Wake County",
        "countyFips": "37183"
      },
      "kind": "rebuild_cost_context",
      "note": "Awareness/diagnostic only. Full briefs are x402-paid. Agents can discover live free tools at https://api.locus.report/tools/list and paid tools, prices, and manifests at https://api.locus.report/.well-known/ai-tool/index.json.",
      "point": {
        "latitude": 35.780418000003195,
        "longitude": -78.63910200000142
      },
      "status": "ok",
      "caveats": [
        "Insurers use licensed replacement-cost tools (for example Verisk 360Value) that price this specific structure; this proxy is a locality-level range for context only.",
        "Counties with few permits produce noisy figures; check singleFamilyUnits before relying on the range.",
        "Locus states no dwelling coverage amount and does not assess whether a policy is adequate."
      ],
      "permits": {
        "year": 2025,
        "singleFamilyUnits": 8392,
        "valuationPerUnitUsd": 283898,
        "reportedValuationUsd": 2382471290
      },
      "sources": [
        {
          "url": "https://www2.census.gov/econ/bps/County/co2025a.txt",
          "name": "U.S. Census Bureau Building Permits Survey, annual county file"
        },
        {
          "url": "https://fred.stlouisfed.org/series/WPUIP2311001",
          "name": "BLS Producer Price Index via FRED, WPUIP2311001"
        },
        {
          "url": "https://www.fema.gov/grants/tools/benefit-cost-analysis",
          "name": "FEMA Benefit-Cost Analysis default building replacement value"
        }
      ],
      "accessedAt": "2026-09-09T01:56:47.183Z",
      "verifyNext": [
        {
          "url": "https://api.locus.report/tools/list",
          "step": "Ask the insurer or agent for the replacement-cost estimate they rate on, and compare it with the parcel's heated area from locus_parcel_lookup."
        }
      ],
      "estimateBasis": "PROXY, not a replacement-cost estimate: county single-family permit valuation per unit (Census Building Permits Survey annual county file), trended by the BLS construction-input PPI, divided by an assumed 1,800 to 2,600 sq ft new-home size, floored at FEMA's $100/sq ft BCA default. Permit valuations are builder-declared and typically understate finished cost.",
      "proxyPerSqftUsd": {
        "low": 117,
        "high": 168
      },
      "assumedSqftRange": [
        1800,
        2600
      ],
      "constructionInputPpi": {
        "asOf": "2026-07-01",
        "latest": 344.861,
        "series": "WPUIP2311001 (BLS PPI, inputs to single-family residential construction)",
        "trendFactorSinceBpsYear": 1.068
      }
    }
  }
}