Understanding Real Estate Acronyms
So you have decided that you want to sell your home and are now in the stage of placing your home in the listings of homes for sale. You pick up a popular real estate listings guide in your area and flip through only to find descriptions of homes like: dk or pvt or FDR. Sometimes reading a real estate listings guide can feel like an exercise in code breaking, however understanding all of these terms is actually simple.
To those individuals who want to know, "What do all those real estate acronyms in the ads mean?," you're about to find out.
Through this abbreviated guide, you will be able to decipher these miniature real estate terms:
Assum. fin ; assumable financing
dk ; deck
gar ; garage
gard ; garden
expansion pot'l ; potential for housing expansion either through extra space on the lot or through a vertical potential to add a top floor
fab pentrm ; fabulous pentroom, which a room on top underneath the roof
FDR ; formal dining room
frplc, fplc, FP ; fireplace
grmet kit ; gourmet kitchen
HDW, HWF, Hdwd ; hardwood floors
hi ceils ; high ceilings
In-law potential ; there is potential to convert property into a separate apartment, however, contingent on local zoning laws large E-2 plan
this is just one of several floor plans available in a specific building lo dues-find out just how low these homeowner's dues are, and in comparison to what?
lsd pkg. ; leased parking area, may or may involve an additional cost
nr bst schls ; property is located near the best schools
pvt ; private
pwdr rm ; powder room (half-bath)
upr ; upper floor
vw, vu, vws, vus ; view (s)
