SFR Meaning and
Definition
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SFR is an acronym that stands for "Single-Family Residence." It is a term commonly used in the real estate industry to describe a specific type of residential property.
A single-family residence refers to a dwelling unit designed and intended for occupation by only one family or household. It is a standalone structure that is not attached to any other unit, such as an apartment or townhouse. SFRs are usually located in residential neighborhoods and typically have their own private yard or outdoor space.
These types of properties offer a sense of privacy, as they don't require the sharing of walls, floors, or ceilings with neighboring units. SFRs often come with other advantages, such as greater control over the property, increased living space, and the ability to customize or modify the home according to individual preferences.
SFRs are generally occupied by homeowners, but they can also be rented out to tenants. In terms of investment, SFRs are often considered a valuable asset as they can provide consistent rental income and have the potential for long-term appreciation in value.
Overall, the term SFR is widely used in real estate discussions and transactions to specifically refer to detached single-family homes or residences that cater to the needs and preferences of a single household.
Common Misspellings for SFR
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