I see terms like Loft, Townhome, Studio, and Villa used in different ways from what Im used to. Whats Up?
• There are two types of “lofts”. Warehouse style lofts are 1 big room and split level lofts are upstairs and downstairs. The upstairs has a balcony and overlooks the downstairs. Most places on our reports refer to the split level loft unless the community name has loft in it (i.e. Adam Hats Lofts). • The term studio is usually used the same way as split-level loft, not just a 1 room living area as the term is used in other parts of the country. We call that an “efficiency” here. • Town home merely means that the unit is a split-level but it has an enclosed upstairs. It does not mean it has a yard. • A “Villa” or “Bungalow” floorplan means that it is only one level, but you do not have an upstairs neighbor. Sometimes you share a common wall with one other unit, like a duplex. Some do, but most do not have a private yard.
