Understanding Property Types: What Every Buyer Should Know

Looking at homes? There’s a whole world of property types out there, each with its own perks and quirks. Whether you’re dreaming of a backyard for summer barbecues or want something low maintenance, knowing what’s out there can help narrow your search and find a place that truly fits your lifestyle. 

Detached Homes 

These are classic, stand-alone houses with their own yard and no shared walls. Perfect for families, dog owners, or anyone who wants space and privacy. 

Why people love detached homes: 

  • More outdoor space and private yard 

  • Fewer noise concerns from neighbours 

  • More freedom to customize (think renovations or additions) 

(Keep in mind, you’ll also take care of all the maintenance and repairs yourself). 

Semi-Detached & Duplexes 

A semi-detached home shares one wall with a neighbour, while a duplex is usually a building split into two units, either side-by-side or one above the other. 

The benefits: 

  • Often more affordable than detached homes 

  • Some yard or outdoor space, but less upkeep 

  • Can be great for multi-generational families or as a rental opportunity 

Townhomes 

Townhouses or row houses are connected on both sides to other homes but have their own entrance and often a small yard or patio. 

Why choose a townhome? 

  • Lower purchase price than most detached homes 

  • Less exterior maintenance (sometimes taken care of by the homeowners’ association) 

  • Feels more like a house than a condo, but with some of the same conveniences 

Condos 

Condos (condominiums) are individual units within a larger building or complex. You own your unit but share common areas like hallways, gym, or outdoor spaces. 

Condo perks: 

  • Minimal maintenance—just look after the inside of your unit 

  • Access to amenities like fitness rooms, party rooms, or pools 

  • Often found in convenient locations close to shops, restaurants, and transit 

  • Condo fees cover shared expenses, so keep those in mind when budgeting. 

Acreages & Rural Properties 

Looking for wide open spaces or a quieter pace of life? Acreages give you more land, privacy, and sometimes room for hobbies like gardening or keeping animals. 

Considerations for rural living: 

  • More maintenance (think wells, septic systems, snow clearing) 

  • Commuting to work, school, or stores could take longer 

  • A peaceful, nature-filled lifestyle 

Which Property Type Is Right For You? 

Ask yourself: 

  • How much time do you want to spend on maintenance? 

  • Is outdoor space a must-have, or is convenience more important? 

  • Do you want to be close to city amenities, or is a quiet, rural setting your dream? 

  • What’s your budget and how much flexibility do you have? 

A Few Quick Tips for Buyers 

  • Be honest about your lifestyle and future plans 

  • Consider resale value—what’s popular in your area? 

  • Don’t be afraid to tour a few different types to see what feels right 

And if you’re buying with someone else, be sure to chat about your “must-haves” and “nice-to-haves” before you start your search. 

 

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