What Are the Different Types of Homes That Exist Today?

There are over 128 million households in the U.S living in a variety of home styles, depending on their lifestyle. 

Homeowners can choose from different models, whether they want a charming cottage or a classic single-family home. Although the options can feel overwhelming, once you familiarize yourself with each one, it’s easier to decide which works best for you. Perhaps you’re currently on the fence about the choices and you’re looking for guidance. 

Sounds like you? Don’t worry, you’ve come to the right place. Here are the different types of homes you can choose from.  

Apartment

You’ll find a huge number of apartments in your local real estate market and for good reason. This is a group of units in one building, which is owned by one entity. A major bonus is there is often a choice of amenities like a swimming pool, laundry, and gym facilities.    

Single-Family Home 

As the name suggests, the best homes for families are single-family properties. Most of these buildings are detached and are often found in suburbs. This is an attractive option as it gives families privacy and, in most cases, a large outdoor space where you can unwind and host gatherings.  

Condo

One of the most popular residential homes is a condo. This is a property within a building along with an allocated piece of land. Most condominiums are governed by a Housing Association that makes decisions as a collective, whether it’s adding a playground area or discussing the current cleaning services.  

Split-Level Home 

Every smart homeowner understands how split-level homes are a fantastic investment. In this property, multiple floors are connected with a flight of stairs. Many homeowners love this as it connects the space elegantly, perfect for larger households.  

Midcentury Modern 

Another giant in the housing market is midcentury modern homes. This style emerged after the Second World War and you’ll notice each one has a sleek, minimal design that embraces large windows.  

If you want a taste of a midcentury modern home, look into the benefits of a house swap and how it can help with your purchasing decision.  

Townhouse 

Often found in urban areas, townhouses are individually owned but share a wall with a neighbor. This style of home optimizes vertical space with multiple stories. Also, many townhouses come with amenities that neighbors can share.  

Farmhouse

Anyone interested in living in the country should consider buying a farmhouse. Most properties have tall ceilings, exposed beams, and a large front porch where homeowners can entertain. Although it’s possible to find modern farmhouses, most have a rustic look that aligns with their surroundings.  

Know The Different Types of Homes Today

Hopefully, you now know the different types of homes on the market. 

Homeowners with families should consider a single-family home, midcentury modern property, or a farmhouse. Or, regardless of your household’s size, consider buying an apartment or condo as it can become your dream home. Happy searching! 

Found this article helpful? Great! Then check out the rest of our blog.