7 Different Home Types You Should Know!
If you’re in the market for a new home in Edmonton, but you’re not totally sure what kind of home you want yet–this blog is for you! We’ve broken down all the new home terminology to help you digest the most popular new home structures on the market today. Here are the 7 most popular types of new home styles in Edmonton’s real estate market!
1. What is a Condominium?
Condos are stacked flat units in a low-rise, mid-rise, or high-rise building. They are owned by individual owners, rather owned by one building owner. A condo building will have a condo board, this is a group of people formed by individual condo owners who assist manage the building and condo fees. Shop Condos! >>
2. What is an Apartment?
Apartments are physically the same as condo buildings (the structures look the same). The main difference between condos and apartments is the building is owned by one entity or corporation and rented out to individual tenants.
3. What is a Townhome or Townhouse?
A townhome or townhouse is a tall multi-level structure that share one or more walls with another townhome. Townhomes can be built in groups that are often referred to as triplexes, four-plexes, five-plexes, or even six-plexes. The prefix simply references how many dwellings are connected. Townhome developments may have condo fees or can be free hold (no condo fees). We just happen to build both! Shop Townhomes >>
4. What is a Duplex?
By definition, a house having separate apartments for two families, especially a two-story house having a complete apartment on each floor and two separate entrances.1 In other words, it’s two homes attached and owners share the interior wall. A duplex is often a free hold dwelling, without condo fees. This means owners are responsible for their yard maintenance, and typically split costs when it comes to shared elements such as roofing and fencing.
5. What is a Single-Family Home?
For names sake, a single-family home is a dwelling spacious enough for an average sized family. No condo fees, and no shared walls! Single family homes can be built with front attached garages, or rear detached garages and usually have two storeys. Bungalows and duplexes can also fall into the single-family home category. Homeowners are responsible for all home maintenance, both interior and exterior. Shop Single-Family Homes! >>
6. What is a Bungalow?
A bungalow is a single-family home, with one storey! That means all your bedrooms, laundry, kitchen, and entrances are on the same floor. These homes are usually wider homes, and many homeowners develop the basement for living and bedroom space. Shop Bungalows! >>
7. What is an Infill Home?
An infill literally means “to fill in”. Infill homes are homes built in matured neighbourhoods that are already developed. Owners either demolish an existing home to make room for the new infill home, or the land is already empty, and owners can start building after they receive permits! Shop Models! >>
What kind of home is right for you?!
Resources:
1. “Duplex House Definition & Meaning.” Dictionary.com, Dictionary.com, www.dictionary.com/browse/duplex-house.