Once you’ve decided that you’d like to buy a home, it can be an overwhelming process if you aren’t sure what each type of home entails.
According to Canada Mortgage and Housing Corporation, here is a list of all the different types of homes you can purchase:
A single-family detached home is one dwelling unit. It stands alone, and sits on its own lot. This often gives the family a greater degree of privacy.
A semi-detached home is a single-family home that is joined on one side to another home. It can offer many of the advantages of a single-family detached home. It is often less expensive to buy and maintain.
A duplex is a building containing two single-family homes, located one above the other. Sometimes, the owner lives in one unit and rents the other.
Row House (Townhouse)
Row houses (also called townhouses) are several similar single-family homes, side-by-side, joined by common walls. They can be freehold or condominiums. They offer less privacy than a single-family detached home, although each has a separate outdoor space. These homes can cost less to buy and maintain, although some are large, luxury units.
Stacked townhouses are usually two-storey homes. Two two-story homes are stacked one on top of the other. The buildings are usually attached in groups of four or more. Each unit has direct access from the outside.
Link or Carriage Home
A link, or carriage home, is joined by a garage or carport. The garage or carport gives access to the front and back yards. Builders sometimes join basement walls so that link houses appear to be single-family homes on small lots. These houses can be less expensive than single-family detached homes.
A manufactured home is a factory-built, single-family home. It is transported to a chosen location and placed onto a foundation.
A modular home is also a factory-built, single-family home. The home is typically shipped to a location in two or more sections (or modules).
Mobile homes, like manufactured or modular homes, are built in factories and then taken to the place where they will be occupied. While these homes are usually placed in one location and left there permanently, they do retain the ability to be moved.
A self-contained unit in part of a building consisting of a room or set of rooms including kitchen and bathroom facilities.
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