Three Common Types Of Residential Dwellings And Advantages Of Each
Posted on: 7 January 2019
Is one of your goals for the year to find a new place to live? If so, you need to know that there are many different residential building types from which to choose. Whether you are looking for a place to call home for just you, or for your entire family, you'll need to choose the kind of residence that works best.
To help you find the perfect home for sale, here are three common types of residential dwellings and advantages of each.
Single Family Home
When searching for the perfect place to live, you'll quickly find out there are plenty of single family home listings on the market. But what exactly is a single family home? This type of residential dwelling is built on a single lot and does not share any walls with another place of residence.
Some advantages of this type of home include:
- You'll have plenty of privacy and space
- You'll have a front and backyard
- You can expand if you need to
Since many single family homes have a garage, basement, or attic there is plenty storage space. This type of home is a great option if you have a family or are planning on having one.
Condominium
A condominium is a single unit that is inside a larger building with other units. This type of residential dwelling often comes with a homeowner's association to which you need to pay monthly or yearly dues. Condominiums are smaller than single family homes but still provide many benefits.
Here are some advantages of living in a condo:
- You won't have to deal with property issues or doing your own maintenance
- You might have access to certain amenities, such as a gym, swimming pool, or tennis courts
- You won't have to worry about trash removal or snow removal
Condos are quite common in larger cities, and are usually located in an area with plenty of shops, restaurants, and other places of business.
Townhouse
If you don't mind having a neighbor sharing a wall with you, a townhouse is a great option. A combination between a single family unit and a condominium, a townhouse is a great option for individuals or small families. Some advantages of living in a townhouse include:
- You'll have more privacy than living in a condo
- You may find one that is much more affordable than a single family home
- In many cases, you'll have a front and back yard
Like condominiums, many townhouses also have a homeowner's association.
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