Real Estate Land plus anything permanently fixed to it, including buildings, sheds and other items attached to the structure. Investopedia Says: Unlike other investments, real estate is dramatically affected by the condition of the immediate area where the property is located. With the exception of a global recession, real estate is affected primarily by local factors. Related Terms: Ad Valorem Tax Commercial Real Estate Deed Flipping Investment Real Estate Land Like-Kind Property Mortgage Real Estate Investment Trust - REIT Real Estate Limited Partnership |