Definition of "Acre in Real Estate"

An acre is defined as a land unit that is commonly used in the US customary and imperial systems of 66 by 660 feet (one chain by one furlong). An acre is a measure of volume used in many countries. Meaning “open field” is commonly used to measure tracts of land and was first defined back in the middle age for measuring the amount of land a yoke of oxen could plow in one day. With the International yard and pound agreement of 1959, the acre was determined to represent precisely 4,046.856 422 4 square meters, and the other measuring systems translated it accordingly. 

Because we do not use just one unit of measurement globally, an acre is recognized as a statute measure in the United Kingdom, most countries of the former British Empire, and the United States. What should be noted, however, is that, while the measurement can be legally used for trade and measurements of tracts of land, it should only be given as secondary information and should not be used for land registration.

The Size of an Acre

Considering that we no longer use yokes of oxen to measure land, you might be wondering how big is an acre. The measurement of an acre can be of any shape, not only rectangular. The only necessity is that it amounts to a total area of 43,560 square feet. To better visualize, imagine something like a football field without both end zones.

An acre is about 4,047 square meters, 43,560 square feet, around 40% of a hectare, 1/640 of a square mile. It is essential to check the documents for any land owned or bought, however,  to make sure that the measurements are in acres and not commercial acres. For a commercial acre, there is a slightly different method of measurement.

Real Estate Secrets:

Did you know that our real estate glossary has approximately 100 acres filled with real estate terms?

And if you’re not in the mood to walk this uncharted territory, find a real estate agent and let him trailblazer it for you.

Comments for Acre In Real Estate

Sheila Thompson Sheila Thompson said:

What is the meaning of property offset?

Apr 18, 2019  13:49:48

 
Real Estate Agent

Hello Sheila, are you thinking about properties under an offset statement

May 01, 2019  04:33:16
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

In the real estate industry, several professional designations can be awarded to real estate professionals. These professional designations provide real estate professionals with the ...

Accounting statement at the settlement of a real estate transaction that shows each item charged or credited, to whom, and for how much. ...

Null or void something; Revoke or destroy; rescind or set aside; abandon; abolish; repeal; surrender; waive; terminate. In real estate, to void a buy or sell order, price, or quantity. The ...

Act of postponing a closing for another day or place. Adjournments of closing can occur for a variety of reasons including the lack of an appropriate closing statement, one or more parties ...

The spouse's legal right, upon the death of his wife (or her husband), to a life estate in all lands she (or he) owned. ...

Right to enter and start construction or furnishing property that is in the process of being purchased. ...

A method to estimate the value of a real estate investment, which emphasizes after-tax cash flows and the return on the invested dollars discounted over time to reflect a discounted yield. ...

Listing of the names of tenants, apartments, or office numbers, and monthly rentals. ...

The adjusted sales price is also known as price adjustment or adjustment in appraisals. A definition for the adjusted sales price is the appraisal determined through the market approach or ...

Popular Real Estate Questions