A single or detached home is free standing. You own the land and the home.
The pros and cons of purchasing a house are listed below:
Pros:
- You own the land as well as the property you purchase.
- You have complete control over what you want to do with your home.
- A house is freestanding, the walls are not attached to the next house.
- A house is often more quiet than a townhome or condominium.
- There are no bylaws or restrictions to abide to.
Cons:
- You are responsible for all the maintenance and landscape of your home.
- You do not have common amenities to share.
- The expense of the roof and maintenance is your full responsibility.
- A house is usually more expensive than a condo or a townhome.
Depending on where you are in your life, the decision to purchase a house, a condominium, or a townhome will change. Talking with an experienced and knowledgeable REALTOR may make your decision a lot easier.