real estate

Real estate, it's another language

Federation House

So Real Estate uses a lot of terms to describe property. Surely there is some fact and some fiction behind all of these terms? I figured it was about time someone decided to decrypt the mysterious language of Real Estate.

Tried selling a house before? Been told your place is "quaint" (basically, tiny) or "open plan" (impossible to heat)? Or perhaps "bay-side" (the bay is down the road, turn left, turn left again, keep driving for another 2 kilometres, yep, there you go)? You may find some of these terms strangely familiar...