Types of single family homes in the country
When thinking about the kind of home you would like to buy and live in, it is necessary to understand what type of lifestyle you want to lead and the types of houses available in the market. The needs have been changing and evolving over time; many kinds of residential homes are available that you can choose from.

What are the different types of single family homes?

• Condominiums
• Townhomes
• Detached homes
• Semi-detached homes
• Duplex/triplex

What are the advantages of owning single family homes?

• These homes are built on a piece of plot that have no walls shared with neighbors.
• These homes require space and privacy.
• They usually have front yards and backyards, where the property is not shared with anyone and you utilize it as per your wish.
• You can create your own plan and design for the home.
• You will have reselling value more than townhomes and condos.
• But this home does require maintenance, and the cost of this maintenance is to be borne by the homeowner.
• They are also known as detached house.
• Owners pay all the bills of water, maintenance, electricity, telephone, cable TV, etc.
• In townhomes and condos, one has to share the expenses for yard maintenance, roofing, plumbing, or/and any building amenities.

What advantages does a condominium have?

• Condominiums, also known as condos, are units that are single, which are in large communities or buildings. Condominiums usually share one or two walls with different units.
• They can also be found in townhouses.
• Condo holders have to pay their dues to the homeowners’ associations or HOAs, monthly or annually.
• This system is more popular in cities, which are densely populated and also have many shops and restaurants.
• Homeowners contribute minimal to the upkeep and maintenance of the entire place.
• Any repair amount is shared among the condo homeowners, rather than one person paying the whole amount.
• Some condos also offer pools, lounge areas, gyms, etc., which you may be unable to afford in single family homes.
• Condo homeowners’ associations will allow you to remodel only to a certain extent, keep pets, or give it on rent.
• A level of uniformity or safety is kept throughout.
• There is very less privacy, and one may need to be careful not to disturb the other owners.
• You own a condo but do not own the land it is built on.

What advantages does a townhouse have?

• A townhouse is between a single family home and a condo.
• It has many floors with 1 or 2 walls that are shared, a yard that could be small in size, and a rooftop deck.
• It is a row of houses attached to each other.
• It is bigger than a condominium and yet smaller in comparison to single family homes.
• A townhouse has a lot more privacy than a condominium.
• Some may have shared agreements for maintenance or upkeep costs.
• The rooms are certainly smaller.
• You may or may not have someone living above or below you.
• It is affordable as compared to a single family home.
• A townhouse does not have pool, gym, and other facilities.

What are the advantages of owning land?

• Owning land has a lot of advantages.
• You can build and design a home of any type and size.
• You can do farming, have animals, etc.
• When you own a piece of land, it is important to first plan as to what structure will sit on the land and what utilities will be required, such as gas, electricity, plumbing, and water.
• You will need permits for construction, which may take time to be cleared.
• You may want to build a single family home.
• If it has more than one living space, you may want privacy in each and a separate entrance.

What are the differences between manufactured homes and prefabricated modular homes?

• A manufactured home is created in a factory and is ready to live in; it can be moved after construction.
• A prefabricated home is made in pieces and is assembled on-site.
• Modular homes are built off the site and placed on a permanent foundation.
• These are between 12 feet x 15 feet and are 9 inches wide and almost 60 feet long. They are transported by truck.