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East side of the Place des Vosges in Paris, one of the earliest examples of terraced housing. A terrace, terraced house (), or townhouse [a] is a type of medium-density housing which first started in 16th century Europe with a row of joined houses sharing side walls.
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))
A townhouse, townhome, town house, or town home, is a type of terraced housing. A modern townhouse is often one with a small footprint on multiple floors. In a different British usage, the term originally referred to any type of city residence (normally in London) of someone whose main or largest residence was a country house.
Redfin data from October 2024 shows that the median sale price of a U.S. townhouse was $380,668, while the median for a detached single-family home was much higher at $453,734.
Similarly, a triplex apartment refers to an apartment spread out over three floors. These properties can be quite expensive and include the most expensive property in Manhattan as of 2006 (according to Forbes magazine), a triplex atop The Pierre hotel. [4] In this context, an apartment located on only one floor may be called a simplex.
Vacation rentals can range from budget studio apartments to lavish, expensive private villas in the world's most desirable locations, some with price tags of many thousands per night and all the amenities you would find in any luxury accommodation (fully staffed, private beaches, boats, chefs, cooking lessons, etc.) to cater to the guests.