Types of residential properties
Anyone who can afford his own home has some basic choices. A wide variety of property types are offered ranging from a condominium to a detached single-family house. In addition, there are various construction alternatives. Here's a quick overview.
by Gabi Hophan
Whether you decide for a condominium, row house, semi-detached house or a detached single-family house depends not only on your personal dreams and needs but also on the budget.
The best thing to do is to get an overview of the various types of residential property, study the pros and cons of each and then decide which homeowner personality you have.
There are likewise worlds of difference between a ready-built house and one designed by an architect. Here the selection depends on various factors whereby price and the amount of time you must invest play no small role. Weigh in and find out which type fits you best.
Determine your personality
In order to know which homeowner personality you have, it helps to ask yourself a few test questions. For instance:
- How much can your own home cost?
- How much space do you require?
- How large should the garden or the property surrounding the house be?
- How much freedom do you need?
- How much time and money can you invest in additional expenses?
To find out, you can also consult our checklist for clarifying your requirements, which you can download on the right.
When you then read through our key points about each type of residential property, you can quickly determine which personality type you lean towards.