20 Popular Home Styles And Types Of Houses

Pros: Less upkeep than a single-family home with the benefits of homeownership

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  Cons: Less privacy and free agency
  

3. Co-Op

A co-op is also known as a housing cooperative, and this type of housing is quite different from the others. When you buy into a co-op, you’re buying a share of the company that owns the building rather than actual property. The number of shares you own typically correlates to how much space you’re afforded in the co-op. Once accepted into a co-op and after purchasing shares, you’ll have a vote on common spaces, and you’ll split maintenance costs and other fees. 

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  Pros: Great sense of community, less expensive than a traditional home
  

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  Cons: Less freedom, must get group approval
  

4. Single-Family (Detached)

The key feature of a single-family home is that it’s completely detached from other housing units, unlike condos, apartments or townhomes. The majority of homes in the U.S. are single-family homes. They’re less common in highly populated areas and are typically found in suburbs. Single-family homes are usually more private and there are more options for personalization (barring any HOA requirements). 

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  Pros: Greater privacy, more freedom
  

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  Cons: Typically cost more to maintain and own
  

5. Tiny Home

Tiny home popularity has boomed in recent years, spurring what’s known as the “tiny home movement.” These small abodes usually fall in the range of 60 – 400 square feet. Some tiny homes are prefabricated and some are complete custom builds. They have become greatly popular among single adults and couples who want more financial and physical freedom, as some tiny homes are mobile and can be moved to new locations. 

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  Pros: More affordable and greater physical freedom
  

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