Most of us dream about owning our own home, not just because it provides us with shelter and protection, but also because it’s considered a good investment. Apart from being a source of comfort, refuge, and joy, having our own place also brings us closer to our loved ones.
If you plan on investing in your own space soon (or someday!), you should learn more about the types of homes commonly found in the Philippines. This will help you decide which kind of property will suit your personality, lifestyle, and budget.
1. Bungalow
For those who have small families or those living with lolo, lola or other relatives who find it difficult to take the stairs, the bungalow is a good choice. A bungalow is a single-storey home. This means that all of the rooms–the living area, dining area, kitchen, bedroom, bathroom, and more–can all be found on one floor.
Not for: Families with five or more members, families that need more space
Good for: Young couples, families with four members or less, families with handicapped or elderly members
2. Multi-storey Home
If you have a bigger family or you would simply like to have more space, the multi-storey home could be the one for you. A multi-storey home is a house with two or more floors. The shared living spaces like the living area, dining area, kitchen and powder room could be on the ground floor while the bedrooms and other personal spaces could be on another floor.
Not for: Families with four members or less, families that do not want to spend so much on renting, purchasing or maintaining a big space
Good for: Families with five or more members, families that need more space
3. Townhouse
For families that need more space but do not want to invest in a multi-storey home, the townhouse is an ideal option.
While the bungalow and regular multi-storey home are both single and stand-alone buildings, a townhouse is connected to other townhouses. It can share a common roof, wall, parking area, or outdoor spaces with other townhouses in the community.
Not for: Families that need more privacy and spacious outdoor areas
Good for: Families that need more indoor space but do not want to invest in a detached multi-storey home
4. Condo
People who work and live in big cities often think about staying in a condominium building, also known as a condo. Since house and lots in big cities can be more expensive, a condo can be an affordable alternative. Homeowners can still enjoy the advantages of living in the middle of everything without spending a lot of money on a house and lot.
Not for: Families that need more privacy and spacious outdoor areas
Good for: Young professionals, young couples, families with four members or less, people who work in big cities.
To learn more on how to Create Your Dream Home, go here.
