Blending the convenience of a condo with the privacy of a single-family home, modern townhomes are popping up everywhere, from urban centers to the suburbs. 

These residences can be more efficient, easier to maintain, and often cheaper than a standard single-family house. 

Sometimes referred to as terrace or attached homes, townhouses are multi-story, single-family homes in medium-density developments that share a wall with at least one neighbor. Unlike apartments and condos, these properties have separate, individual entrances, and the lot of land the home sits on belongs to the townhome’s owner. 

Townhomes provide homebuyers with a space-efficient, affordable housing option. And townhomes offer more flexibility and space for customization than rented apartments or smaller condos. Therefore, if the house doesn’t already have the type of upgrades and accessibility options you’re looking for, there are plenty of ways to create a space that works for your lifestyle and budget, such as small home elevators and stair lifts.