Garden real estate
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A category in the niche real estate market containing property with good gardens. The market can be sub-classified as follows:
- Property with gardens by well-known designers. This is normally the work of designers whose their work has been published in books and magazines. The art market equivalent is the work of artists who are recognized, and has a market value, because their work has been exhibited and catalogued.
- Property with gardens by people who hold professional qualifications in garden design and landscape architecture.
- Property with large and/or beautiful gardens designed by their owners
Since gardens are a highly income-elastic goods, the garden real estate sector tends to grow rapidly as countries industrialise.