A townhouse is a housing type that maximizes the use of land space. One of the most significant parts of a townhouse design is the multiple floors placed in a row with other townhouses connected by side walls. A townhouse is especially-desired in urban areas, where it is found in smaller plots of land.
Why a townhouse is a good choice
Townhouses are a good option for new families searching to lease or build a new home. It can provide space that is easily exchangeable with a price that is cheaper than other housing types
Everything to know about a townhouse
Everything old in the home is new again. It applies to the townhouses. It is a venerable form of housing. Way back in the 17th century, townhouses originated in the cities. But, you can find it in the exurbs and suburbs today.
The popularity of townhouses has flowed and ebbed over the decades. There are signs that townhouses get a new lease on life. In the year 2020, townhouses comprised 11% of single-family new construction. In 2021, the number of newly-built townhouses has increased by over 28% over the past years.
Townhouses can be a great option for home seekers buying a property, who enjoy living closer to the neighbors or crave a compromise between an apartment or a detached house.
Description of a townhouse
Technically, a townhouse refers to the style of the residence, which is the physical attachment to the neighborhood is the chief characteristic. The ownership structure takes several forms. The historic traditional townhouses in the cities are independently owned dwellings. A townhouse can technically be a condominium if it the part of the community with associated planned-unit development or rights.
The condos may range in styles, from single-floor to multi-story townhouses within a large multi-unit building. Townhouses can be of two forms:
- single-family homes
- multi-family homes
In the latter case, each floor is broken into individual apartments. A lot of historic townhouses were built to house one family, divided up this way.
A contemporary townhouse is one with a small footprint on numerous floors.
A townhouse can become different from any other units because townhouse owners share a wall with the neighbors, But, they also own the structure of the house itself as well as the surrounding land of the property. Although it looks like one property on the outside, the townhouse owners are different people in every townhouse.
If you will look at it, you might say that it is so much alike to the apartments. But, townhouses have great designs and are the most innovative townhouse development to offer for homebuyers. If this is your first time buying a home, you can also opt for a townhouse designer to improve the property more.