Class A: new construction, command highest rents in the area, high-end amenities
Class B: 10 – 15 years old, well maintained, little deferred maintenance
Class C: built within the last 30 years, shows age, some deferred maintenance
Class D: over 30 years old, no amenity package, low occupancy, needs work
Neighborhood Class
Class A: most affluent neighborhood, expensive homes nearby, maybe have a golf course
Class B: middle class part of town, safe neighborhood
Class C: low-to-moderate income neighborhood
Class D: high crime, very bad neighborhood
« Back to Glossary Index