Property characteristics refer to the specific features and attributes of a piece of real estate. These can include aspects like the size of the land, the type of building, the number of rooms, and the overall condition of the property. Understanding these characteristics helps potential buyers or renters assess whether a property meets their needs and preferences. Additionally, property characteristics can also encompass location factors, such as proximity to schools, parks, and shopping areas. For instance, a property located near public transportation or major highways may be more desirable for those commuting to work. Overall, these characteristics play a crucial role in determining a property's value and appeal.