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A terrace, terraced house , or townhouse [a] is a type of medium-density housing which first started in 16th century Europe with a row of joined houses sharing side walls. In the United States and Canada these are sometimes known as row houses or row homes.
Historically, a townhouse was the city residence of a noble or wealthy family, who would own one or more country houses in which they lived for much of the year. From the 18th century, landowners and their servants would move to a townhouse during the social season (when major balls took place).
In the U.S. most medium-density or middle-sized housing was built between the 1870s and 1940s [10] due to the need to provide denser housing near jobs. Examples include the streetcar suburbs of Boston which included more two-family and triple-decker homes than single-family homes, [10] or areas like Brooklyn, Baltimore, Washington D.C. or Philadelphia [10] which feature an abundance of row-houses.
Terraced house: since the late 18th century is a style of housing where (generally) identical individual houses are conjoined into rows – a line of houses which abut directly onto each other built with shared party walls between dwellings whose uniform fronts and uniform height created an ensemble that was more stylish than a "rowhouse ...
Townhouse, terraced house, or rowhouse: common terms for single-family attached housing, whose precise meaning varies by location, often connecting a series of living units arranged side-by-side sharing common walls (not to be confused with the English term for an aristocratic mansion, townhouse (Great Britain))
Multi-family house – Often seen in multi-story detached buildings, where each floor is a separate apartment or unit. Terraced house (a.k.a. townhouse or rowhouse) – A number of single or multi-unit buildings in a continuous row with shared walls and no intervening space.
The primary requisites for application of cluster development are that all principal or accessory uses are allowed and that multifamily dwelling, duplexes, and townhouses are permitted. As well the application of maximal lot coverage, floor area ratios, building height, and parking requirements to the entire site as opposed to the individual lot.
Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...