Townhome

A type of property that is characterized by its multi-floor construction and its shared walls with adjacent, attached homes. Unlike standalone houses, townhouses are typically built in rows or blocks and may have one or two walls that are shared with other units. This design allows for efficient use of space in areas where land is at a premium, as it maximizes the amount of living space available while minimizing the footprint of each individual unit. For example, in urban areas such as New York City, townhouses are a popular choice for those who want to live in the heart of the city, but still desire a bit of privacy. Townhouses are also a good option for families who want a little more space than an apartment can offer, but do not want the upkeep that comes with a standalone house. Despite their shared walls, townhouses can still offer a great deal of privacy and comfort, and can be an excellent investment for those looking to buy property.