Learn more about kinds of houses. Define houses types, from which you can choose the suitable one for you. Know more about advantages and disadvantages of each type.

Types of Houses

 
Types of Houses
apartment6. An Oast House
These are buildings which were built for something else other than a home. Oast Houses were not a building where people lived, they were part of farm buildings and were where hops (a plant from which beer is made) were layed out and dried.

7. An Apartment
A type of property intended for permanent residents who lease a specific space or unit for Rent.

Advantages:
Lowest cost (and lowest taxes) , lowest maintenance effort because of no private yard (everything is shared and common), best suited for singles, bachelors and empty-nesters, availability of Shared Swimming Pool, Exercise Room and Small Office.

Disadvantages:
Hardest to sell or Cheapest to rent generally difficult to finance with low down payment and low interest, least privacy (no private yard) and limited availability of common yard, share common walls, floors and ceilings (sometimes) with neighbors, renting neighbors change constantly for every 6 months to 1 year, crowded neighborhood with many hundreds of units in each Complex.

townhouse8. A Townhouse

A dwelling unit containing having 2 or more floors and attached to other similar units via shared walls. 

Advantages:
most privacy at the least cost - best compromise, own small private yard along with the house, best value appreciation - easy to re-sell or rent, better financing available with low down payment and low rates, some outdoor activities possible in the yard - barbecue, swing.

Disadvantages:
common wall shared with neighbors - acceptable based on good neighbors, more expensive than a Condominium for the same livable area. 



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