The first thing you will decide on when buying a residence is its type: a single family home, a townhouse or condominium. The difference of a single house to the others is that it is isolated or standing on its own. Usually a single family lives in it which allows more privacy for the people living in it compared to the other forms of housing. You can manage to add more rooms or have renovations without supplementary management fees though maintenance and repair cost will all be paid by the home owner.
Townhouses are midway between single home and condominiums. It is attached to one or several homes but the house is situated in a lot that you own. In large communities of townhouses you may have shared amenities like pools, gardens, park etc. Because of the attachments of the houses can be more protected compared to single homes. A disadvantage of it is that you are obliged a charges for home associations.

Condominium is form of housing wherein a part of a real estate is owned while the other facilities like hallways, elevators are owned by the realtor. Owners are required to pay monthly dues but beside that payment you are not required to pay for repairs.
Whether you choose any of the three you should be guided by the benefits and the disadvantage that each has. Remember that you would live in your house for quite a long time so better make good decision than have your biggest regret.

