What Are the Different Types of Homes You Can Buy

First-Time Buyer Guide to Single-Family Homes, Condos, and Townhomes

💡 Buying your first home? One of the first questions to ask is: what kind of home actually fits your lifestyle? From low-maintenance condos to spacious single-family homes, understanding your options helps you shop smarter and avoid surprises down the roa

1. Single-Family Homes Offer Space and Privacy

A single-family home is a standalone property — no shared walls, no upstairs neighbors. It usually comes with a yard, a driveway, and maximum privacy. It’s a great fit if you want space to grow, raise a family, or simply enjoy having a home that’s all yours. Just remember: more space often means more upkeep.

2. Condos Keep It Simple and Low Maintenance

Condos are perfect for buyers who want less responsibility and more convenience. You own everything inside your unit, but share amenities like the gym, pool, or rooftop deck. HOA fees cover building upkeep, but that also means you’ll have less control over rules and renovations. Still, it’s a smart, affordable option in many urban areas.

3. Townhomes Blend Privacy and Affordability

Townhomes are the perfect middle ground. You’ll usually share walls on one or both sides, but still enjoy multi-level living, often with a small yard or garage. You’ll get more square footage than a condo, but without the higher price tag of a single-family home. For many first-time buyers, townhomes offer a solid mix of independence and value.

Find the Right Fit — and the Right Financing

🏡 Download our free “First-Time Buyer Game Plan” eBook to explore which home type matches your lifestyle and budget
💬 Start a live chat with one of our loan pros — we’ll help you break it all down
📞 Prefer a personal touch? Schedule a quick call and we’ll walk through your best next steps

At Stairway Mortgage, we don’t just help you buy a house — we help you buy the right one.
Let’s build wisely and grow your future.

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