Investment in residential real estate is probably the most popular practice. There are many types of residential buildings, but the most sought-after are those for families.
If your family is looking for a new home, we recommend that you first look at the types of houses and choose which one is more suitable for your demands. Each type of home has its advantages and disadvantages, you only need to decide on the budget and desired location of the potential home.
In this article, we will look at the five most popular types of complexes for family life and tell you what is so good about them.
1. Condominium
A condominium is a complex of houses or units on one plot of land. All questions concerning the management of the complex are resolved by a specially assembled board of directors on behalf of all landlords. This team takes care of all technical issues for the comfort of residents.
Here, residents own only apartments but have the right to use the plots of land, which are intended for everyone.
The condominiums are located in large cities to address the shortage of affordable housing. You can be sure that this type of complex will always be popular with developers. This is why there are enough options in the market from which you can choose the most suitable home for your family.
We recommend that you pay attention to Natiivo Miami since it comes from a reliable developer and at an affordable price.
2. Townhouses
These are complexes of low-rise residential buildings. They are popular on the territories with an average level of occupancy. Often, each house has a separate entrance and even its own garage and front garden.
The main difference from the condominium is that residents also have the right to own land near their house. And the responsibility for this object lies with them, too. Sometimes, there is a common pool in townhouses.
Aloha Townhouses in Seattle is a good example of such a complex.
This type of home is great for the middle class. It is more expensive than the condominium, so families should expect to spend more money to buy it.
3. Penthouses
A penthouse is a top-floor apartment of a high-rise building. It can be either one or several combined upper floors of a skyscraper with its own terrace. The penthouse is a separate residence, so it differs from a simple apartment.
It creates the effect of living in a place isolated from other people, such as a private villa. This type of home is usually much more expensive than the previous ones. A great example is Puck Penthouses in Manhattan.
Additional facilities of the penthouse can include a private pool or even a roof garden. Penthouses offer great views of the surrounding area, which makes this type of property even more attractive. There is plenty of room for children to play and spend time with the whole family.
There can also be a separate playroom, an office, or a gym.
4. Patio
A patio is the best option for family life. Usually, the patio complexes are located on the outskirts of the city, which allows you to breathe fresh air. The patio itself is a small area near the house for the household needs.
When choosing a patio complex for family life, you can pay attention to such advantages as an additional place where you can spend time with children in the open air, gather friends for a barbecue, as well as engage in gardening.
This type of complex is suitable for couples with children, as well as for older couples. The main benefit is, of course, the availability of your own land plot where you can do anything you want.
Look at Veranda Luxury Patio Homes if you decide on a patio complex for family life.
5. Cottage
If you want to buy a house with a plot of land, there’s one more option.
Buy a cottage in a complex of cottages. Usually, it is a two-story house for one family. The first floor includes rooms for common use, while the second is for individual bedrooms.
For cottage complexes, builders often choose the area near the forest or lake. This is an additional advantage for families. Take https://lakemuskokarealtor.com/ for example, offering cottages in the prestigious Muskoka region of Canada.
The cottage is an elite yet affordable housing for both the middle and upper classes. Get a home insurance policy for cottages and choose the right coverage for protection.
Pay attention to Cottages on Sheridan if your family prefers to live outdoors and have the opportunity to walk every day. By the way, outdoor walks are very healthy for your children.
Conclusions
In this article, we looked at five housing options that are suitable for families.
Note that the cost of an isolated house will be higher than the cost of an apartment in a condo. If your family has enough money for a more expensive option, go for it. Still, pay attention to your needs first, and then weigh up the pros and cons.
This is a great time to buy a home, so we recommend that you do not hesitate and start looking for options for your family. Think about the future when choosing a house. Do you plan to have more children? Will your parents live with you? Do you plan to do any gardening?
Make a list of answers to these questions and you will know which type of house is right for you.
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