Single-Family Home vs Condo or Townhome as Your Primary Residence (What’s best for you?)

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The standard route to homeownership is a single-family home, but that doesn’t mean it’s always the best choice!

Maybe a condo or townhouse is a better fit for your budget, needs, and lifestyle.

So, if you’re in the market for a new home, start by deciding on the best type of property for your primary residence. Which one best fits your needs and wants?

Read on to discover key differences between a single-family home vs. a condo or townhome. And then, consider how your lifestyle, priorities, and needs could influence your choice.

Single-family Home vs. Townhouse vs. Condo

The primary difference in property types is ownership, responsibility, and location.

Let’s take a look at the distinguishing differences for you to consider.

Single-family home

A single-family home is a detached house on a plot of land with separate utilities and street access.