Niche real estate refers to specialized sectors of the property market. Examples include income property, garden real estate, condos, equestrian property,

vacation property A holiday cottage, holiday home, vacation home, or vacation property is accommodation used for holiday vacations, corporate travel, and temporary housing often for less than 30 days. Such properties are typically small homes, such as cottage ...

, farm property, golf property, golf course redevelopment, waterfront homes,

beach house Beach House is an American indie music, indie band formed in Baltimore, Maryland, Baltimore in 2004 by current members Victoria Legrand (vocals, keyboards) and Alex Scally (guitar, keyboard, backing vocals, drum programming). Their work is char ...

s and luxury homes. These are categories in which potential buyers think about the property they seek. They are also used by

real estate market Real estate business is the profession of buying, leasing, managing, or selling real estate (commercial, industrial, residential, or mixed-use premises)."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 Marketing and ...

ing companies to reach these types of buyers. In this context a niche describes a specific segment of home buyers and sellers, classified by ethnicity, nationality or socio-economic group (e.g.,

social housing Public housing, also known as social housing, refers to Subsidized housing, subsidized or affordable housing provided in buildings that are usually owned and managed by local government, central government, nonprofit organizations or a ...

or luxury real estate).

Types

Garden real estate

Garden real estate includes properties with a significant garden design that contributes to the overall value of the property. These properties originate in three different ways: gardens that are designed by prominent

landscaper Landscaping refers to any activity that modifies the visible features of an area of land, including the following: # organism, Living elements, such as flora or fauna; or what is commonly called gardening, the art and craft of growing plants with ...

s, gardens that were designed by

architect An architect is a person who plans, designs, and oversees the construction of buildings. To practice architecture means to provide services in connection with the design of buildings and the space within the site surrounding the buildings that h ...

s or professional landscapers, and gardens that were designed by the previous owner.

Golf properties

Golf properties include residential properties and communities surrounding

golf course A golf course is the grounds on which the sport of golf is played. It consists of a series of holes, each consisting of a teeing ground, tee box, a #Fairway and rough, fairway, the #Fairway and rough, rough and other hazard (golf), hazards, and ...

s. The value of these properties may increase by being near well-established golf courses.

Condominiums

Condominium A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual own ...

s are individually-owned single housing units in a multi-unit building. Condominiums can be residential or commercial, such as office condominiums.

Equestrian or farm properties

References

{{DEFAULTSORT:Niche Real Estate Luxury real estate