Real estate is any real property consisting of land, buildings, roads, structures, and even utility systems. The four types of real estate:
- Residential – A common category of residential real estate is single-family homes. Other residential real estates include condominiums, co-ops, townhouses, triple-deckers, high-value homes, duplexes, quadplexes, vacation, and apartments.
- Commercial – Included in this type of real estate are shopping centers, educational and city buildings, hotels, and offices.
- Industrial – This kind of real estate includes manufacturing facilities and property, including warehouses. There can be various uses for industrial buildings such as research, production, distribution, and storage.
- Land – Land can either mean vacant or undeveloped land, ranches, or farms.
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