High-quality housing refers to residential units that offer superior features, amenities, construction quality, design aesthetics, and comfort compared to average housing options in an area. These properties are often associated with higher prices due to their enhanced characteristics.
Related terms
Gentrification: The process of renovating and improving deteriorated neighborhoods, often resulting in an influx of wealthier residents.
Luxury Apartments: Upscale residential units with exclusive amenities and services.
Suburbs: Residential areas located on the outskirts of cities, typically characterized by single-family homes and spacious yards.