Which Style of Home is Right for You: Single Family, Townhome or Apartment?
Learn the Advantages and Disadvantages of Different Types of Homes
If you’re in the market to buy a home, chances are you’re overwhelmed by the sheer number of available options. Should you purchase a single family home, townhouse or condo? What are the advantages and disadvantages of those options?
Before you get started on your search for the perfect property, find out which style of home is right for you:
Single Family Home
Single family homes are typically detached properties on their own lot of land. They do not share a wall with any other property and offer homeowners more space and room to grow.
Single family homes can include a garage, private garden, shed, and even a swimming pool on the property. This style of home is right for you if you want a bigger front and back yard, no shared walls, more privacy, room to grow and abundant space to store your personal belongings.
Because single family homes generally have more space overall, they can require more effort and money to maintain. Single family homes typically cost more than townhouses and condos.
Townhouses are properties that share at least one common wall with another similarly designed home. They are often more affordable and require less maintenance than a single family house and offer more privacy and space than a condo. As part of a homeowner’s association (HOA) that provides basic landscaping and care to the home’s exterior, townhouses may also give owners access to amenities like a shared clubhouse or swimming pool. A townhouse is right for you if you want an affordable home, less maintenance and access to shared amenities.
Townhouses will typically have less indoor and outdoor space than a single family house. They also share a common wall with another property, which means less privacy. The monthly or annual fees of the HOA may also make this style of home a less affordable option long-term.
Condominiums are properties that have shared walls, floors and a roof with other similarly designed units. They often have amenities such as a concierge, gym, swimming pool, tennis courts, trash removal and landscaping provided by the HOA. Because of their affordability and size, they are often found in central locations. This style of home is right for you if you want a property that’s affordable, has plenty of amenities, requires very little maintenance, and has a great location.
Condos may not be ideal for you if you prefer a home that has plenty of space and privacy. As part of an HOA, condo owners may also be required to pay additional fees on top of their monthly or annual obligations to cover repairs if the association does not have enough funds.
Are you ready to buy a home? AtFlorida Connexion, we help buyers make informed decisions that are best suited to their needs. Our agents will work patiently with you to determine which style of home is the right option for you and your family.