46-415: A farmstead refers to the buildings and service areas associated with a farm. It consists of a house belonging to a farm along with the surrounding buildings. The characteristics of a specific farmstead reflect the local landscape, which provides their environmental context . Some farmsteads have additional outlying field barns and outfarms somewhat further afield than the main cluster of buildings at
92-485: A garage for vehicles or a shed for gardening equipment and tools. A house may have a backyard , a front yard or both, which serve as additional areas where inhabitants can relax, eat, or exercise. The English word house derives directly from the Old English word hus, meaning "dwelling, shelter, home, house," which in turn derives from Proto-Germanic husan (reconstructed by etymological analysis) which
138-672: A common measure of prosperity in economics . Contrast the importance of house-destruction, tent dwelling and house rebuilding in the wake of many natural disasters . Building Functions Types Economics Miscellaneous Institutions Lists Real estate 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. In terms of law, real relates to land property and
184-406: A complete listing of housing types and layouts, real estate trends for shifts in the market, and house or home for more general information. 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
230-892: A foundation. The garbage-sand mixture is also used to protect the house from flooding. In the United States, modern house construction techniques include light-frame construction (in areas with access to supplies of wood) and adobe or sometimes rammed-earth construction (in arid regions with scarce wood-resources). Some areas use brick almost exclusively, and quarried stone has long provided foundations and walls. To some extent, aluminum and steel have displaced some traditional building materials . Increasingly popular alternative construction materials include insulating concrete forms (foam forms filled with concrete), structural insulated panels (foam panels faced with oriented strand board or fiber cement), light-gauge steel , and steel framing . More generally, people often build houses out of
276-457: A household is a family unit of some kind, although households may also have other social groups , such as roommates or, in a rooming house , unconnected individuals, that typically use a house as their home . Some houses only have a dwelling space for one family or similar-sized group; larger houses called townhouses or row houses may contain numerous family dwellings in the same structure. A house may be accompanied by outbuildings, such as
322-400: A living/eating area, a sleeping area, and (if suitable facilities and services exist) separate or combined washing and lavatory areas. Some larger properties may also feature rooms such as a spa room, indoor pool, indoor basketball court, and other 'non-essential' facilities. In traditional agriculture-oriented societies, domestic animals such as chickens or larger livestock often share part of
368-642: A property for both private and commercial real estate. Environmental surveying is made possible by environmental surveyors who examine the environmental factors present within the development of real estate as well as the impacts that development and real estate has on the environment. Green development is a concept that has grown since the 1970s with the environmental movement and the World Commission on Environment and Development. Green development examines social and environmental impacts with real estate and building. There are 3 areas of focus, being
414-487: A range of different roofing systems to keep precipitation such as rain from getting into the dwelling space. Houses generally have doors or locks to secure the dwelling space and protect its inhabitants and contents from burglars or other trespassers. Most conventional modern houses in Western cultures will contain one or more bedrooms and bathrooms , a kitchen or cooking area, and a living room . A house may have
460-435: A result, the "private becomes ever more public, [and] the desire for a protective home life increases, fuelled by the very media that undermine it," writes Jonathan Hill . Work has been altered by the increase of communications. The "deluge of information" has expressed the efforts of work conveniently gaining access inside the house. Although commuting is reduced, the desire to separate working and living remains apparent. On
506-463: A separate dining room , or the eating area may be integrated into the kitchen or another room. Some large houses in North America have a recreation room . In traditional agriculture-oriented societies, domestic animals such as chickens or larger livestock (like cattle) may share part of the house with humans. The social unit that lives in a house is known as a household . Most commonly,
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#1732772065738552-465: A vast and elaborate house may serve as a sign of conspicuous wealth whereas a low-profile house built of recycled materials may indicate support of energy conservation. Houses of particular historical significance (former residences of the famous, for example, or even just very old houses) may gain a protected status in town planning as examples of built heritage or of streetscape. Commemorative plaques may mark such structures. Home ownership provides
598-537: Is different from personal property, while estate means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land (or comes with the land), such as vehicles, boats, jewelry, furniture, tools, and the rolling stock of a farm and farm animals. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within
644-657: Is of unknown origin. The term house itself gave rise to the letter 'B' through an early Proto-Semitic hieroglyphic symbol depicting a house. The symbol was called "bayt", "bet" or "beth" in various related languages, and became beta , the Greek letter, before it was used by the Romans. Beit in Arabic means house, while in Maltese bejt refers to the roof of the house. Ideally, architects of houses design rooms to meet
690-608: Is often purchased as an investment, whether or not the owner intends to use the property. Often investment properties are rented out, but " flipping " involves quickly reselling a property, sometimes taking advantage of arbitrage or quickly rising value, and sometimes after repairs are made that substantially raise the value of the property. Luxury real estate is sometimes used as a way to store value, especially by wealthy foreigners, without any particular attempt to rent it out. Some luxury units in London and New York City have been used as
736-483: The 17th Century Dutch house was smaller, and was only inhabited by up to four to five members. This was because they embraced "self-reliance" in contrast to the dependence on servants, and a design for a lifestyle centered on the family. It was important for the Dutch to separate work from domesticity, as the home became an escape and a place of comfort . This way of living and the home has been noted as highly similar to
782-691: The Great Depression in the U.S. caused a major drop in real estate worth and prices and ultimately resulted in depreciation of 50% for the four years after 1929. Housing financing in the U.S. was greatly affected by the Banking Act of 1933 and the National Housing Act in 1934 because it allowed for mortgage insurance for home buyers and this system was implemented by the Federal Deposit Insurance as well as
828-583: The autonomous buildings , the super insulated houses and houses built to the Passivhaus standard. Buildings with historical importance have legal restrictions. New houses in the UK are not covered by the Sale of Goods Act . When purchasing a new house, the buyer has different legal protection than when buying other products. New houses in the UK are covered by a National House Building Council guarantee. With
874-552: The contemporary family and their dwellings. By the end of the 17th century, the house layout was transformed to become employment-free, enforcing these ideas for the future. This came in favour for the Industrial Revolution , gaining large-scale factory production and workers. The house layout of the Dutch and its functions are still relevant today. In the American context, some professions, such as doctors, in
920-512: The "aura" in or around a dwelling, making it comparable to the real estate sales concept of "indoor-outdoor flow". The square footage of a house in the United States reports the area of "living space", excluding the garage and other non-living spaces. The "square metres" figure of a house in Europe reports the area of the walls enclosing the home, and thus includes any attached garage and non-living spaces. The number of floors or levels making up
966-572: The 19th and early 20th century typically operated out of the front room or parlor or had a two-room office on their property, which was detached from the house. By the mid 20th century, the increase in high-tech equipment created a marked shift whereby the contemporary doctor typically worked from an office or hospital . Technology and electronic systems has caused privacy issues and issues with segregating personal life from remote work . Technological advances of surveillance and communications allow insight of personal habits and private lives. As
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#17327720657381012-620: The Federal Housing Administration. In 1938, an amendment was made to the National Housing Act and Fannie Mae , a government agency, was established to serve as a secondary market for mortgages and to give lenders more money in order for new homes to be funded. Title VIII of the Civil Rights Act in the U.S., which is also known as the Fair Housing Act, was put into place in 1968 and dealt with
1058-473: The construction process. They include: In the developed world, energy-conservation has grown in importance in house design. Housing produces a major proportion of carbon emissions (studies have shown that it is 30% of the total in the United Kingdom ). Development of a number of low-energy building types and techniques continues. They include the zero-energy house , the passive solar house ,
1104-485: The environmental responsiveness, resource efficiency , and the sensitivity of cultural and societal aspects. Examples of Green development are green infrastructure , LEED , conservation development , and sustainability developments. Real estate in itself has been measured as a contributing factor to the rise in green house gases. According to the International Energy Agency, real estate in 2019
1150-404: The farmstead. The functions of farmsteads have changed over time. These functions include: House A house is a single-unit residential building . It may range in complexity from a rudimentary hut to a complex structure of wood , masonry , concrete or other material, outfitted with plumbing , electrical, and heating, ventilation, and air conditioning systems. Houses use
1196-454: The fifth millennium BC and with its contents still preserved was for example excavated at Tell Madhur in Iraq . Roman architect Vitruvius ' theories have claimed the first form of architecture as a frame of timber branches finished in mud, also known as the primitive hut . Philip Tabor later states the contribution of 17th century Dutch houses as the foundation of houses today. As far as
1242-825: The general public in 1908. Prefab techniques became popular after World War II . First small inside rooms framing, then later, whole walls were prefabricated and carried to the construction site . The original impetus was to use the labor force inside a shelter during inclement weather. More recently, builders have begun to collaborate with structural engineers who use finite element analysis to design prefabricated steel-framed homes with known resistance to high wind loads and seismic forces . These newer products provide labor savings, more consistent quality, and possibly accelerated construction processes. Lesser-used construction methods have gained (or regained) popularity in recent years. Though not in wide use, these methods frequently appeal to homeowners who may become actively involved in
1288-432: The growth of dense settlement, humans designed ways of identifying houses and parcels of land. Individual houses sometimes acquire proper names , and those names may acquire in their turn considerable emotional connotations. A more systematic and general approach to identifying houses may use various methods of house numbering . Houses may express the circumstances or opinions of their builders or their inhabitants. Thus,
1334-474: The house can affect the square footage of a home. Humans often build houses for domestic or wild animals , often resembling smaller versions of human domiciles. Familiar animal houses built by humans include birdhouses , hen houses and dog houses , while housed agricultural animals more often live in barns and stables . Many houses have several large rooms with specialized functions and several very small rooms for other various reasons. These may include
1380-438: The house with humans. Most conventional modern houses will at least contain a bedroom, bathroom, kitchen or cooking area, and a living room. The names of parts of a house often echo the names of parts of other buildings, but could typically include: Little is known about the earliest origin of the house and its interior; however, it can be traced back to the simplest form of shelters. An exceptionally well-preserved house dating to
1426-591: The houses accommodated numerous people, including family, relatives, employees, servants and their guests. Their lifestyles were largely communal, as areas such as the Great Hall enforced the custom of dining and meetings and the Solar intended for shared sleeping beds. During the 15th and 16th centuries, the Italian Renaissance Palazzo consisted of plentiful rooms of connectivity. Unlike
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1472-506: The idea of private property. One of the largest initial real estate deals in history known as the " Louisiana Purchase " happened in 1803 when the Louisiana Purchase Treaty was signed. This treaty paved the way for western expansion and made the U.S. the owners of the " Louisiana Territory " as the land was bought from France for fifteen million, making each acre roughly 4 cents. The oldest real estate brokerage firm
1518-656: The idea of the home is concerned, the home of the home is the Netherlands . This idea's crystallization might be dated to the first three-quarters of the 17th century, when the Dutch Netherlands amassed the unprecedented and unrivalled accumulation of capital, and emptied their purses into domestic space. In the Middle Ages , the Manor Houses facilitated different activities and events. Furthermore,
1564-659: The incorporation of African Americans into neighborhoods as the issues of discrimination were analyzed with the renting, buying, and financing of homes. Internet real estate as a concept began with the first appearance of real estate platforms on the World Wide Web (www) and occurred in 1999. Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes. Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for
1610-526: The law of each U.S. state. The natural right of a person to own property as a concept can be seen as having roots in Roman law as well as Greek philosophy. The profession of appraisal can be seen as beginning in England during the 1500s, as agricultural needs required land clearing and land preparation. Textbooks on the subject of surveying began to be written and the term "surveying" was used in England, while
1656-480: The nearest available material, and often tradition or culture govern construction-materials, so whole towns, areas, counties or even states/countries may be built out of one main type of material. For example, a large portion of American houses use wood, while most British and many European houses use stone, brick, or mud. In the early 20th century, some house designers started using prefabrication . Sears, Roebuck & Co. first marketed their Sears Catalog Homes to
1702-400: The needs of the people who will live in the house. Feng shui , originally a Chinese method of moving houses according to such factors as rain and micro-climates, has recently expanded its scope to address the design of interior spaces, with a view to promoting harmonious effects on the people living inside the house, although no actual effect has ever been demonstrated. Feng shui can also mean
1748-429: The other hand, some architects have designed homes in which eating, working and living are brought together. In many parts of the world, houses are constructed using scavenged materials. In Manila 's Payatas neighborhood, slum houses are often made of material sourced from a nearby garbage dump. In Dakar , it is common to see houses made of recycled materials standing atop a mixture of garbage and sand which serves as
1794-471: The physical integration of the corridor into housing by the 19th century. Sociologist Witold Rybczynski wrote, "the subdivision of the house into day and night uses, and into formal and informal areas, had begun." Rooms were changed from public to private as single entryways forced notions of entering a room with a specific purpose. Compared to the large scaled houses in England and the Renaissance,
1840-512: The qualities and uses of the Manor Houses, most rooms of the palazzo contained no purpose, yet were given several doors. These doors adjoined rooms in which Robin Evans describes as a "matrix of discrete but thoroughly interconnected chambers." The layout allowed occupants to freely walk room to room from one door to another, thus breaking the boundaries of privacy . An early example of
1886-574: The same corridor. English architect Sir Roger Pratt states "the common way in the middle through the whole length of the house, [avoids] the offices from one molesting the other by continual passing through them." Social hierarchies within the 17th century were highly regarded, as architecture was able to epitomize the servants and the upper class. More privacy is offered to the occupant as Pratt further claims, "the ordinary servants may never publicly appear in passing to and fro for their occasions there." This social divide between rich and poor favored
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1932-617: The same physical type. For example, connected residences might be owned by a single entity and leased out, or owned separately with an agreement covering the relationship between units and common areas and concerns. According to the Congressional Research Service, in 2021, 65% of homes in the U.S. are owned by the occupier. Other categories The size of havelis and chawls is measured in Gaz (square yards), Quila, Marla, Beegha, and acre. See List of house types for
1978-580: The segregation of rooms and consequent enhancement of privacy may be found in 1597 at the Beaufort House built in Chelsea, London . It was designed by English architect John Thorpe who wrote on his plans, "A Long Entry through all". The separation of the passageway from the room developed the function of the corridor . This new extension was revolutionary at the time, allowing the integration of one door per room, in which all universally connected to
2024-565: The term "appraising" was more used in North America. Natural law which can be seen as "universal law" was discussed among writers of the 15th and 16th century as it pertained to "property theory" and the inter-state relations dealing with foreign investments and the protection of citizens private property abroad. Natural law can be seen as having an influence in Emerich de Vattel 's 1758 treatise The Law of Nations which conceptualized
2070-626: Was established in 1855 in Chicago, Illinois, and was initially known as "L. D. Olmsted & Co." but is now known as "Baird & Warner". In 1908, the National Association of Realtors was founded in Chicago and in 1916, the name was changed to the National Association of Real Estate Boards and this was also when the term " realtor " was coined to identify real estate professionals. The stock market crash of 1929 and
2116-415: Was responsible for 39 percent of total emissions worldwide and 11 percent of those emissions were due to the manufacturing of materials used in buildings. Investment in real estate can be categorized by financial risk into core, value-added , and opportunistic . Real estate development can be less cyclical than real estate investing. In markets where land and building prices are rising, real estate
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