---
title: "What is a Property?"
description: "Clear explanation of what Kreo means by the Property term & its usage"
url: https://help-takeoff.kreo.net/en/articles/6158685-what-is-a-property
collection: "Properties"
updated: 2026-09-21
language: en
alternates: [fr]
---

# What is a Property?

Clear explanation of what Kreo means by the Property term & its usage

# **What is a Property?**

A **property** is a specific characteristic or parameter of an object, such as length, volume, price, type, markup, or qty. Properties serve as the foundational inputs used when creating [Items](https://help-takeoff.kreo.net/en/articles/6158632-what-is-an-item.md) and [Assemblies](https://help-takeoff.kreo.net/en/articles/6161379-what-is-an-assembly.md). They can be utilized to calculate quantities, store rates and prices, handle text values, and set parameters for grouping in reports, among other functions.

#   
​**Types of properties**

-   **Text**
    
    The text property is intended for any text values in the input, such as descriptions, comments, classification codes or notes.  
    ​
    
-   **Number**
    
    The number property is a good fit for any numerical value, such as costs or percentages.  
    ​
    
-   **Formula**
    
    The formula property is suitable for any calculations based on other properties. It can be also used instead of the Number format.  
    ​
    
-   **Single Select**
    
    The single-select property represents a dropdown menu from which you can choose an existing value or create a new one. The format of a single-select can be either textual or numeric.  
    ​
    
-   **Breakdown** The breakdown property allows you to create a classification system, with components that can be used to create items and assemblies. For example, you can create a breakdown of services (such as water and electrical installations, ventilation, etc.), finishes (like wall, floor, and ceiling finishes), and classify many other elements.
    

# **Units of properties**

There is a list of common units used for properties. These can be divided into formats: currency ($, £), numerical (m, m², ft), and other (%, without unit).  
​

![](https://staticfiles.gleap.io/helpcenter/6874f791a81bb9196b315e05/20250715091157_8423.png)

However, it’s important to know that you can input any unit you need and create your own. For example, you could add a currency that isn’t on the list, such as the Swedish krona (SEK).

![](https://staticfiles.gleap.io/helpcenter/6874f791a81bb9196b315e05/20250715091157_7323.png)

# **Groups of properties**

Organize properties into groups to store them conveniently and easily use them in items. To do this, simply select the desired group or create a new one when creating or editing properties.

![](https://staticfiles.gleap.io/helpcenter/6874f791a81bb9196b315e05/20250715091157_9666.png)