Property is a stand-alone, single-family dwelling located on its own plot of land, where the owner has exclusive rights to the entire property, including the building and land it sits on. Key characteristics include no shared walls, floors, or ceilings with neighboring units, offering greater privacy and autonomy compared to apartments or townhouses. Owners are responsible for all associated costs, maintenance, security, and taxes, but also benefit from the freedom to customize the design, potential rental income from additional floors, and the appearance of the land's value over time.
