The Most Popular Styles of Homes

Whether you’re searching for your first home, your forever home, or an investment property, understanding the various home styles and structures can help streamline your search. The world of real estate is full of unique terminology that defines both the structure and style of a home. By grasping these terms, you can better assess the benefits of different properties and make an informed decision when buying.

When looking for a home, it’s essential to understand two main classifications: the structure and the architectural style of the property. The structure refers to the building type (e.g., single-family home, condo, or townhouse), while the style describes the architectural design (e.g., Craftsman, Colonial, or Contemporary). Let’s break down the key types of home structures and styles to help you narrow your preferences and find the ideal property.

Types of Houses: Structures

Before diving into architectural details, it’s crucial to decide on the structure type that best suits your needs. Here’s a breakdown of the most common structures you’ll encounter:

1. Apartment: An apartment is a rental unit within a larger building. While it’s a great option for those seeking convenience (with amenities like on-site maintenance, gyms, or laundry), it doesn’t allow for ownership or equity building.

• Pros: Lower upfront costs, less maintenance responsibility, flexibility in relocating.
• Cons: Limited privacy, no equity-building, restrictions on customization.

2. Condo: A condominium offers apartment-like conveniences but with ownership. You’re responsible for maintaining the interior, while the exterior upkeep may be managed by a homeowners association (HOA).

• Pros: Equity building, reduced maintenance, access to amenities.
• Cons: Less privacy, HOA rules, harder to relocate.

3. Co-Op: In a co-op, you buy shares in a corporation that owns the building rather than purchasing the property directly. This unique structure fosters a strong sense of community but also comes with more financial and character screening for applicants.

• Pros: Affordability, community vibe, lower purchase price.
• Cons: Group decision-making, higher monthly fees, limited loan options.

4. Single-Family (Detached): A single-family home is entirely separate from other housing units, offering privacy and more space. Common in suburban areas, these homes provide the most freedom in terms of customization and space.

• Pros: Maximum privacy, larger space, freedom to personalize.
• Cons: Maintenance responsibility, higher upfront cost.

5. Tiny Home: Tiny homes have gained popularity for their affordability and mobility. These compact homes typically range from 60 to 600 square feet, making them ideal for individuals or couples seeking a minimalist lifestyle.

• Pros: Lower cost, mobility, financial freedom.
• Cons: Limited space, lower resale value, land requirements.

6. Townhome: A townhouse is a multi-story, individually owned unit that shares at least one wall with another home. Popular in urban areas where space is limited, townhomes often offer shared amenities like pools or gyms.

• Pros: More affordable than single-family homes, community amenities.
• Cons: Less privacy, shared walls, limited freedom to alter the exterior.

Types of Houses: Architectural Styles

The architectural style of a home can significantly impact its interior design and functionality. These styles often reflect the era in which the home was built and are a big part of what gives each property its unique charm. Here are some of the most popular home styles:

7. Cape Cod: Originating in Massachusetts in the 1700s, Cape Cod homes are known for their simple, durable design. The original versions were small, with wood siding and central doors flanked by windows. Modern versions are larger but maintain these elements.
8. Colonial: Colonial-style homes, dating back to the 1600s, are symmetrical and rectangular. These homes often have multiple stories, a central staircase, and a formal appearance. There are several regional variations, including English, French, Dutch, and Spanish Colonial.
9. Contemporary: Contemporary homes reflect current design trends and often feature clean lines, neutral colors, and eco-friendly materials. Unlike modern homes, which belong to a specific historical period, contemporary homes evolve with time.
10. Federal: Inspired by ancient Greek and Roman architecture, Federal-style homes often have a brick exterior and distinctive features like Palladian windows and ornamental columns. The White House is a well-known example of this style.
11. Craftsman: Craftsman-style homes emphasize handcrafted details and sturdy materials. They often feature exposed beams, large columns, and built-in furniture. This style is perfect for those who appreciate fine craftsmanship and functional design.
12. Greek Revival: Greek Revival homes, popular in the 1830s, are easily recognizable by their grand columns and Greek-style embellishments. These homes often have large entrances and feature white or subdued color palettes.
13. Farmhouse: Farmhouse-style homes are inspired by the rural agricultural buildings they’re named after. With large front porches, rustic finishes, and open layouts, they blend practicality and charm. Modern farmhouses add clean lines and updated features.
14. French Country: Inspired by the countryside of Provence, French Country homes feature stone exteriors, pointed roofs, and rustic, weathered details. They often include a mix of subdued colors and stone fireplaces inside.
15. Mediterranean: Mediterranean homes are popular in warmer climates and incorporate elements from Spanish and Italian villas. Expect to see white stucco exteriors, tiled roofs, and wrought-iron details.
16. Midcentury Modern: Midcentury Modern homes, born from the Bauhaus movement, focus on clean lines, simplicity, and a connection to nature. Large windows and a mix of organic and geometric shapes define this style.
17. Ranch: Ranch-style homes are typically single-story and feature low-pitched roofs, open floor plans, and sliding glass doors. Their large backyards and attached garages make them a great choice for outdoor living.
18. Split-Level: A variation of the ranch-style home, split-level homes have multiple levels connected by short flights of stairs. This style is ideal for those who want separate spaces within the home while maintaining a relatively compact layout.
19. Tudor: Tudor homes draw inspiration from Medieval and early Renaissance architecture. Characterized by steep gable roofs, timber framing, and stonework, these homes often have an asymmetrical design.
20. Victorian: Victorian homes, named after Queen Victoria, feature ornate designs, steep gable roofs, and decorative details. They are often multi-story homes with bay windows, small towers, and vibrant facades.

The Bottom Line

Choosing the right home is a big decision, and understanding the various structures and architectural styles can help you find the perfect fit. Whether you’re looking for more space, a specific aesthetic, or a community-oriented environment, there’s a home out there that aligns with your needs. By narrowing down your preferences, you can work with your real estate agent to focus on the homes that best meet your lifestyle and goals.

At AvantiWay Financial, we understand how important this decision is. Our team is here to help you navigate the home buying process and secure financing for your ideal property. Reach out today to get started!