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According to data from Redfin, the median price of a single-family home in January 2025 was $434,303, compared with $365,177 for a townhouse and $362,451 for a condo or co-op.
Today, the term townhouse is used to describe units mimicking a detached home that are attached in a multi-unit complex. The distinction between living units called apartments and those called townhouses is that townhouses usually consist of multiple floors and have their own outside door as opposed to having only one level and/or having access ...
Multifamily residential, also known as multidwelling unit (MDU), is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. [1] Units can be next to each other (side-by-side units), or stacked on top of each other (top and bottom units).
Townhouse, terraced house, or rowhouse: common terms for single-family attached housing, whose precise meaning varies by location, often connecting a series of living units arranged side-by-side sharing common walls (not to be confused with the English term for an aristocratic mansion, townhouse (Great Britain))
Townhouse/semi-detached house: Similar to duplexes, these are homes that are attached to one another via a common wall. Usually they have two or three stories. Usually they have two or three stories.
Condominiums and townhouses are home types that both appeal to buyers who are looking for simplified maintenance and lower prices than traditional single-family residences. While similar, each has ...
A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.
The primary requisites for application of cluster development are that all principal or accessory uses are allowed and that multifamily dwelling, duplexes, and townhouses are permitted. As well the application of maximal lot coverage, floor area ratios, building height, and parking requirements to the entire site as opposed to the individual lot.