In the world of real estate, many terms create confusion. Even though “What is a single-family detached home?” seems relatively straightforward, it can be a point of confusion for many new home buyers.
Other terms like condos and fixer-upper homes can leave the home buyer wondering what they’re getting into. Will the space be enough for their needs? What about repairs and monthly fees? All valid questions must be answered before confidently on the dotted line.
There are many types of homes, and one of the most popular is, in fact, the single-family detached home. According to Statistics Canada, single-family homes make up 53% of the housing supply in Canada. Experts forecast this number to double over the next ten years. As an experienced home builder, the Waverly Homes team will help you get all your questions answered!
What is a Single-Family Detached Home?
A single-family home is not a duplex or townhome, and you do not share walls with your neighbours. A single-family detached home is a standalone home on its very own piece of property. Although they’re typically larger than other housing types, single-family detached homes can come in all sizes.
How are Single Family Homes Different From Other Types of Housing?
The main difference between a single-family home and other housing types is that you don’t share any common areas or amenities with your neighbours. It means that you’re responsible for items like managing your own landscaping, air conditioning, and ongoing repairs.
What are the Upsides of Living in a Single-Family Home?
If you are contemplating a move to a single-family home, you should really know what all the benefits are. Here are a few things that people love about living in a single-family home:
More Space
Single-family homes are usually bigger than other housing types, so you and your family will have more space to stretch out. It is your best choice if you have kids or pets. You will also get more storage space. So, no more shoes and toys in the living room! And if you pick one with an outdoor space, you can build out a deck to spend quality family time together in the mornings, afternoons, and evenings!
More Exterior Choices
We all have secret boards on Pinterest of our dream homes. And when you live in a single-family home, there’s a good chance that you can make your dream come true. You can pick the style of your home, the colour of your shutters, and whether or not you want a porch. You can also add things like a garage or a swimming pool.
More Privacy
Noise from your neighbours can be a real issue when you live in close quarters. But when you have your own single-family home, you don’t have to worry about that. You can blast your music, throw a party, or just lounge around in your PJs all day long. And if you have kids, they can make as much noise as they want without disturbing the peace.
What are the Downsides of Living in a Single-Family Home?
Of course, there are also some disadvantages to living in any type of home that, includes the single-family home, too. After all, nothing is perfect, so keep these few things in mind before making your move:
More Maintenance and Upkeep
As a single-family homeowner, you are responsible for everything on your property, you must pay for all the repairs and maintenance. And if something major needs to be fixed, like the roof, or the AC unit, it can be expensive.
More Responsibilities
In addition to paying for repairs, you also have to take care of the entire property, be it the lawn, the gutters, or any host of other outdoor maintenance requirements. If you’re not someone who likes to get their hands dirty, then a single-family home might create more work for you than you think!
Higher Prices
As single-family homes are in high demand, they usually come at a higher price tag. And if you’re looking for something luxurious, be prepared to shell out some serious cash. But at the end of the day, owning your very own little slice of heaven is worth it.
Conclusion
If you’re satisfied with our answer to what is a single-family detached home, then congratulations! You’re one step closer to finding your ideal home. But if you’re still on the fence, feel free to reach out to anyone from the Waverly Homes team to help you answer any questions and make sure we find the right home for you and your family.
There’s no “perfect” home that’ll have everyone go, “ooh” and “ahh.” However, if you’re looking for a little more space, privacy, and exterior choices, a single-family detached home might be the right fit. A single-family home is perfect for anyone who can afford the luxury of peace and extra land for fun!