When you start looking for homes, there is a big spectrum of choices. You can find 5 popular types of housing – houses, townhouses, condos, apartments, or chalets but how are they different? In this article, we explore five popular types of homes for sale near me you can consider when making your buying decision.
1. Single-Family House
Single-family houses are the most common type of housing on the market today. This is a standalone home that is owned by one person or family and is located on its own lot. These homes can be found in all different sizes, styles, and neighborhoods.
2. Condo
Condos are similar to single-family housing in many ways. They both have two stories and multiple bedrooms, for example. But they differ in that condos are typically smaller than single-family homes. This means they’re easier to maintain and take care of yourself. And due to their size, they’re often cheaper than their counterparts as well!
3. Townhouse
A townhome is a detached home that shares walls with neighboring units but has its own private entrance and yard. They can be built in rows of attached units or in clusters. This gives them a more suburban feel and is ideal for people who want to live in the city but still have their own piece of land and privacy.
4. Multi-Family Home
Also known as an apartment building, a multi-family home is a residential structure that contains multiple living units. A multi-family home can be part of a larger community or stand alone. They are great for those who want to live with others. And for those who do not want to deal with maintenance issues such as lawn care and snow removal.
5. Co-Op
Co-ops, or cooperative apartments, are owned by a corporation made up of the building’s residents. This means that you’ll have to buy a share in the building. Then you pay monthly dues to fund communal expenses like maintenance and upkeep. If you’re looking for housing where you can take an active role in shaping your neighborhood and community, this is a great option.
Conclusion
Though the above are a few of the popular types of housing available on the market ranging from small to big, to extravagant, it’s important to remember that there is a home out there for everyone. The key is to find a real estate agent or team you trust, and take the time to locate your dream home.