Are you curious about what type of Greenwood Village, Colorado, real estate is the most substantial? You may be astonished to discover that the answer changes depending on where you’re looking. In some locations, commercial property supersedes residential, while in others, it’s the reverse. To assist you in making an informed decision when selecting which kind of investment to pursue, let us dive into the dissimilarities between commercial and residential real estate and why one can be a wiser choice than the other.
Residential real estate:
Residential real estate encompasses a variety of residential dwellings, all designed for personal living and shelter. These range from detached single-family homes to condominiums owned individually with shared common spaces maintained by a homeowners’ association, attached townhomes with multiple floors and shared walls, two or three independent living units on a single lot in duplexes and triplexes, and multi-family…