Dive into the World of Real Estate: Exploring 4 Key Property Types! 🏡 Residential Real Estate: This is probably what first comes to mind for many. It includes properties like houses, condominiums, townhouses, and multi-family houses. Whether it’s a starter home, a mansion, or anything in between, this category covers places where people live. 🏢 Commercial Real Estate: This sector is all about workspace. Think of office buildings, coworking spaces, and even some multi-family dwellings when they’re used for income (like an apartment building). 🏭 Industrial Real Estate: These are properties designed for producing and storing goods. Warehouses, factories, and distribution centers fall into this category. These properties play a critical role in many businesses’ supply chains. 🛍️ Retail Real Estate: Malls, shopping centers, boutiques, and any place where goods are sold to consumers belong here. It’s not just about shopping; the success of these spaces often relies on user experience, making location and amenities vital. Understanding these categories is foundational in the real estate world. Each has its unique characteristics, benefits, and challenges. Whether you’re looking to invest, buy, sell, or simply educate yourself, having a grasp on these types provides a great starting point!