Types of Housing There are two types of housing single-family housing After determining your housing needs, you can consider which type of housing will best meet your needs There are two types of housing single-family housing multifamily housing
Single-Family Houses A single-family house is designed to shelter one family May be attached or freestanding © luminouslens/Shutterstock
Single-Family Houses continued Attached houses share a common wall with houses on one or more sides Townhouse Rowhouse Own the dwelling, the land it sits on and a small yard May pay a monthly fee for maintaining common grounds continued © luminouslens/Shutterstock
Single-Family Houses A freestanding house stands alone continued
Single-Family Houses Custom houses are specifically designed & built for the owner Distinctive Cost more Tract houses are built by a developer who builds an entire neighborhood Limited to a few basic designs Less expensive than custom
Single-Family Houses Manufactured houses/”Pre-fab” are made in a factory and moved to a site Most require assembly at the final site Mass produced parts- save on costs Mobile homes are completely assembled at a factory (plumbing, electric, heating, furnishings)
Multifamily Dwellings Multifamily dwellings house more than one family
Multifamily Dwellings Apartments: Wide variety from low cost to very expensive May include laundry rooms, recreational facilities, stores, parking spaces Residents pay a monthly fee. Utilities may be included
Multifamily Dwellings A cooperative is a multiunit building owned by and operated for the benefit of residents Buy stock in the corporation/receives housing unit (monthly fee for upkeep and repairs) - Stockholders decide how the co-op is run and who can live there
Multifamily Dwellings A condominium is an individually owned housing unit in a multi-unit structure Owners can sell w/o the approval of other owners Shared common areas (halls, pools, parking) Monthly fee for building upkeep