Residential Properties

Brownstone (Brick Row House or Eastern Town House)
Brownstone refers to a nineteenth-century style house typically characterized by its distinctive brownstone facade, 4 or 5 stories, and a stoop that leads up to the first floor. These houses commonly share side walls with adjacent houses, creating a row of similar structures often found in urban settings.
Gable Roof
A gable roof is a type of roof characterized by its triangular shape, with the ridge forming an angle at the top and each eave forming an angle at the bottom.
Garden Apartments
Garden apartments are a housing complex where tenants have access to a lawn area, typically designed to incorporate outdoor and green space access.
Historic Preservation
Historic Preservation is an effort, often with government sponsorship, aimed at preventing the destruction of residential properties and commercial properties deemed of historical significance.
Licensed Appraiser
A licensed appraiser is a professional who holds a designation that allows them to appraise non-complex residential properties of one to four units valued up to $1 million and complex properties of one to four units up to $250,000.
Quadraplex (Four-Plex)
A quadraplex, also known as a four-plex, is a type of real estate property that consists of four separate units within one building. Each unit can be rented out individually, offering multiple income streams for property investors.
Senior Residential Appraiser (SRA)
A Senior Residential Appraiser (SRA) is a highly skilled professional credential granted by the Appraisal Institute, certifying an appraiser’s advanced ability to value residential properties accurately and ethically.
Single-Family Housing
Single-family housing is a type of residential structure designed to include one dwelling unit. These homes may stand alone or share walls with adjacent units, but they maintain separate access to the outside and do not share essential systems like plumbing and heating.
Trulia
Trulia is a popular website that provides comprehensive information on residential real estate, including homes for sale and detailed property features. It's designed to connect potential buyers with real estate brokers who are members of Trulia.

Real Estate Lexicon

With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!

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