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GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
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26% - Moderately

Cul-De-Sac


Synonyms:dead end, no through traffic, one entrance
Acronyms &
abbreviations:
Cldsc, Culd
Filed Under: abbreviation, real-estate
Tags: classifieds, property listing
 

Definition of cul-de-sac (Cldsc, Culd)

cul-de-sac (Cldsc, Culd)
1. A dead-end street, often with a broad circle at the end with houses arrayed around it; from the air a cul-de-sac looks like a lollipop.

Related Terms and Acronyms:

  • amenities   Amenities are features such as green space, playgrounds, community centres, shopping malls, or swimming pools that make a neighbourhood or community more desirable for living.
  • comparables   Refers to "comparable properties," which are used for comparative purposes in the appraisal process.
  • curb appeal   The look of a house when viewed from the street.
  • infrastructure   Basic installations that a community needs, such as schools, roads, water and electrical lines, power plants and communications systems.
  • Multiple Listing Service (MLS)   A database that lists all properties in an area that are for sale or lease by Realtors.
  • principle of conformity   The notion that a house will fetch a fair price if it is situated among houses of similar size, style and condition.
  • principle of progression   The notion that a smaller house's value will be enhanced if it is near larger, fancier houses.
  • principle of regression   The notion that the value of a larger or fancier house will be reduced if it is near smaller, lower-priced houses.
  • property value   The worth of a piece of real estate, based on the price a buyer and seller would negotiate.

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