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A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Domestic real estate represented the largest non-financial asset in the UK, with a net worth of £5.1trillion (2014). [3] Foreign investment plays a substantial role in the UK's real estate market, particularly in London, and foreign companies and individuals invested around £20billion in UK real estate in 2012. [4] [needs update]
The most common definition used by real estate appraisers is as follows [2] The most probable price that a specified interest in real property is likely to bring under all of the following conditions: Consummation of a sale will occur within a severely limited future marketing period specified by the client.
A-frame: so-called because the steep roofline, reaching to or near the ground, makes the gable ends resemble a capital letter A. Chalet: a gablefront house built into a mountainside with a wide sloping roof; Charleston single house: originating in Charleston, South Carolina, a narrow house with its shoulder to the street and front door on the side.
A typical small bungalow near Moville, County Donegal in Ireland. The bungalow is the most common type of house built in the Irish countryside. During the Celtic Tiger years of the late 20th century, single-storey bungalows declined as a type of new construction, and residents built more two-storey or dormer bungalows.
Real estate can be valued or devalued based on the amount of environmental degradation that has occurred. Environmental degradation can cause extreme health and safety risks. There is a growing demand for the use of site assessments (ESAs) when valuing a property for both private and commercial real estate. [17]
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
In the UK and Ireland, any small, old (especially pre-World War I) house in a rural or formerly rural location, whether with one, two, or (rarely) three stories, is a cottage. Bungalow , in American English, this term describes a medium- to large-sized freestanding house on a generous block in the suburbs, with a generally less formal floor ...