- How Much Money Is Needed To Invest In Rental Property?
- Should A Real Estate Investor Get An Agent’s License?
- 5 Big Factors That Affect The Costs Of Renovating Your Home
- SIBOR Hike – What You Can Do With Your Current Loan
- 6 Basic Don’ts Of Real Estate Negotiation Tactics
- Will New Condo Relaunches Trigger The Great Property Sale We Have All Been Waiting For?
- 10 Proximity Amenities That Add Value To Real Estate
- How To Get Personal Loans More Easily With Good Credit
A tract house refers to a house that has a very similar appearance to most (or all) other houses in the subdivision or neighborhood.
Not only are they similar in from the outside, they could also be very similar in layout, floor area, number of rooms, etc.
This is because they are mass-produced by builders to save costs via economies of scale.
This also means that the differences in price of different units can be down to market factors such as view, lucky house numbers, corner unit, a house on a specific spot on the street, etc.
Thus, the opposite of a tract house would be a custom built house.