Real Estate Tips: Choosing the Right Type of Housing

Choosing the best residence for you and your family is a crucial decision to make a home buyer. This decision relatively depends on the specific needs and budget of a home buyer. And if you are still confused over the many options and their differences, now here below are the different types of housing that you may choose from, as also seen on propertycluster.

Single-family detached home

This residence is likewise known as "single-detached dwelling" or a "separate house." It is intended for single household or family. The best feature of this house is its independence, which means you would enjoy your own backyard and a driveway. Propertycluster highlighted that if you are looking to buy this type of property, you should understand that it is "subjected to Community Covenants and Restrictions (CC&R) rules and regulations."

Duplex

Unlike the previous one, the single-detached, duplex is intended for two families. It is primarily joined by a common wall, but makes use of two separate entrances. According to propertycluster and as most of us would observe, "Duplexes can include two storied households, with the housing units joined together by a common wall on the same floor, or by a floor/ceiling in case the units are situated one-above-the-other."

Townhouse

Sometimes called as townhome, this type of property are good for people who can manage to "share certain portion of the building with other units." This type of structure and home setting is commonly observed in city areas where housing units as such are arranged juxtaposed with other units in a row.

Condominiums

It is popularly known as condo, suggesting an ownership of a single unit in a large building structure. If you are fond of sharing things and amenities with other condo unit owners, then this would suit your taste. According to propertycluster, "the shared resources are usually controlled by an association formed by the joint owners of adjoining homes. Each owner is liable to pay a certain amount in terms of the maintenance carried out for the shared resources."

These are the most common options you could choose from. There are other types of residences which you may try to check with the help of a property consultant. With their aid, the basic knowledge presented above would be deepened, thus giving you more knowledge about the options that you have.