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Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
2-Flat, 3-Flat, and 4-Flat houses: houses or buildings with 2, 3, or 4 flats, respectively, especially when each of the flats takes up one entire floor of the house. There is a common stairway in the front and often in the back providing access to all the flats. 2-Flats and sometimes 3-flats are common in certain older neighborhoods.
Examples of commercial taxpayer buildings in Tecumseh, Michigan. In US real estate, urban planning, and especially firefighting, a taxpayer refers to a small one or two story building built to cover the owner's annual property tax assessed for owning a parcel of land. [1]
Southern I-House style home. An I-house is a two or three-story house that is one room deep with a double-pen, hall-parlor, central-hall or saddlebag layout. [15] New England I-house: characterized by a central chimney [16] Pennsylvania I-house: characterized by internal gable-end chimneys at the interior of either side of the house [16]
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
Typically, the garage is on one side of the house and there is a floor above the garage housing the bedrooms. The other half of the house is the main living area, part of a story above the garage level and part of a story below the bedroom level. Grading or steps connect the exterior street to the front door on the main level.
A duplex house plan has two living units attached to each other, either next to each other as townhouses, condominiums or one above the other like apartments. By contrast, a building comprising two attached units on two distinct properties is typically considered semi-detached or twin homes but is also called a duplex in parts of the ...
Combinations define other types. A two-story, single pen house is known as a stack house. Pens can also be extended side by side to create a two-pen house, which with a central hall becomes a dogtrot. A two-story, two-pen house is the basic I-house. The house may by modified by additions, but the pen system provides a classification.