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Real Estate Word of the Day: Family Units

"Family units", in terms of residential homes, refers to the number of separate living spaces or housing units within a single property. It is a term used to describe the configuration and layout of a property, specifically in multi-unit residential buildings such as apartment complexes, duplexes, or multi-family homes. Family units can vary in size and design, and they are important for understanding the property's potential uses and its value. Here are some common examples of family units in real estate:

  • Single-Family Home: This typically refers to a property designed for one family or household. It has a single living space and may include bedrooms, bathrooms, a kitchen, and other amenities all within…

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