SHOPPING FOR A HOME....AND CONFUSED BY THE
ARCHITECTURAL TERMS USED BY REALTORS. PERHAPS THESE SIMPLE DESCRIPTIONS
OF THE MOST COMMON HOME STYLES WILL HELP:
RANCH:
All rooms, including bedrooms, are on one level. Some have basements.
BI-LEVEL:
Grade level family room, bedroom and/or den, bath, garage. Second level, living room, dining room, kitchen, bedrooms and bathroom(s). Often referred to as a raised ranch.
SPLIT LEVEL:
Many different styles with multiple levels and room locations. Most common; Lower level family room, first level, kitchen, living room, dining room, second level bedrooms and bath(s)
CAPE COD:
First level, living room, dining room, kitchen, usually 2 bedrooms and bath. Second level, bedrooms and bath.
COLONIAL:
First floor, entry hall, living room, dining room, kitchen, bath. Second floor, bedrooms and bath(s).
CONDOMINIUM:
Either high rise apartment style or multiple floors townhouse style. Number of bedrooms and baths vary. Homeowners own their individual units and are members of an association and are assessed a monthly fee. The grounds are common areas.
CO-OPERATIVES:
Generally, apartment building style. Owners own the building collectively and share all maintenance expenses. A Board of Directors is elected to oversee the running of the complex and must approve the sale of any unit.
Regardless of your personal home style choices, with interest rates still at an all time low, NOW, is a great time to buy or sell.
For all of your real estate and insurance needs, contact:
LEGACY REALTY GROUP, EDISON, NJ
732.744.0400
RANCH:
All rooms, including bedrooms, are on one level. Some have basements.
BI-LEVEL:
Grade level family room, bedroom and/or den, bath, garage. Second level, living room, dining room, kitchen, bedrooms and bathroom(s). Often referred to as a raised ranch.
SPLIT LEVEL:
Many different styles with multiple levels and room locations. Most common; Lower level family room, first level, kitchen, living room, dining room, second level bedrooms and bath(s)
CAPE COD:
First level, living room, dining room, kitchen, usually 2 bedrooms and bath. Second level, bedrooms and bath.
COLONIAL:
First floor, entry hall, living room, dining room, kitchen, bath. Second floor, bedrooms and bath(s).
CONDOMINIUM:
Either high rise apartment style or multiple floors townhouse style. Number of bedrooms and baths vary. Homeowners own their individual units and are members of an association and are assessed a monthly fee. The grounds are common areas.
CO-OPERATIVES:
Generally, apartment building style. Owners own the building collectively and share all maintenance expenses. A Board of Directors is elected to oversee the running of the complex and must approve the sale of any unit.
Regardless of your personal home style choices, with interest rates still at an all time low, NOW, is a great time to buy or sell.
For all of your real estate and insurance needs, contact:
LEGACY REALTY GROUP, EDISON, NJ
732.744.0400
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