This infographic from First Real Estate helps us understand what home is right for you. It gives some pointers on what might be the best home for you, a townhouse, a single family home, or a condo. It recognizes decision criteria like maintenance time and costs. If you have pets, you will need to determine which property is best for you and your pet.
Some people are looking for privacy as a criteria for buying a home. Are you a private person? If so, you can find which property type has the best privacy options. Another consideration when deciding on a property, is the current and future size of your family.
Maintenance time and costs are not specifically called out in this inforgraphic. However, keep in mind that the larger the house, the likelihood of more maintenance. This also goes for a home with a yard. A home with a yard requires care. A condo without a yard, has no outdoor care necessary. If you have a pet and want a small yard, then a townhouse might be the best for you. The yard in a town home is small and only requires minimal care.
Depending on the stage of home ownership, you may have a different decision on property type. Find out what might work best for you.
