What I believe you should be thinking about it maintenance. With a townhome, the outside maintenance, landscaping and exterior of the units are all taken care of through the HOA (Homeowner's Association). With a single family home, you are responsible for those items.
It is really a personal preference. What is the lifestyle you are most interested in? Also, remember that townhome HOA's are usually more expensive that your typical subdivision HOA.
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So all of that said I am not sure there is a short answer but one could be had if you sit down with a Realtor who knows your market and can give you some sound advice.
Premier Properties Real Estate
Is it harder to buy a townhome than a house? Not necessarily either. Like mentioned in the previous answers, if the townhome is a condo, you will take a small hit to your interest rate and there are stricter guidelines from lenders for the property to qualify for a loan.
Typically, the smaller the complex, the easier it will be for it to qualify. If it is a highrise with lots of vacancies and/or foreclosures, it will be very tough. I know a condo expert in the mortgage field though that can get just about anything done.
I am very cautious, so I vote for single-family home :)
You can also get the list of approved Fannie communities and Hud communitites online at their websites.
Buying a townhome or house is about the same.. If the townhome has a lot and block then it is exactly the same as a house and does not need to be on any list.
Best of luck
I would say the difference is that it will be easier to sell a home rather than a townhome as the universe of buyers for townhomes is much smaller than single family homes for when that time comes.
Personally, I'd pick the house if all other factors are equal.
Let me know if you need any assistance.
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2307 Lake Austin Blvd.
Austin, TX 78703