Currently Reading

The Townhome Solution


The Townhome Solution

December 6, 2018
Low-angle shot of townhome exterior
Photo: Unsplash/Dave Reed

Building townhomes has become a solution for builders to speed up the pace of construction while balancing rising land, material, and labor costs, delivering a more affordable product for first-time buyers especially.

According to the National Association of Home Builders (NAHB), townhouse construction is up, and is estimated to continue growing in the near-term. Townhome construction starts hit 123,000 annually in the third quarter of 2018, growing 24 percent from the prior four quarters. These structures currently account for 1.8 percent of all single-family housing starts, the highest share since the Great Recession, The Washington Post reports.

The NAHB says that townhouse construction is likely to expand more because they appeal to first-time buyers and because the demand for walkable neighborhoods is growing. In addition, townhouses require less land than single-family houses. Newly built townhouses, unlike those from earlier decades, typically have an open floor plan on the main level and a master suite with a private full bathroom. High-end townhouses sometimes have roof decks and elevators.

Read more

Related Stories


New Construction Hits Record Highs as Inventory Posts Record Lows

The housing shortage worsened in April by reaching a new low, but March’s increase in new construction could bring much needed relief. Active…


Issues With Accurate Appraisals? Create an Appraisal Binder

The increased cost of lumber, appliances, and other components of a home impacted by the disrupted supply chain can be difficult for appraisers to…

New-Construction Projects

The Haciendas: Future of Production Building?

The Haciendas, an experimental production home project by Oaxaca Interests LLC, in Dallas, Tex., uses modern design and unconventional materials…


More in Category


Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.