Older bungalows trade square footage on one level for age. Original wiring, older mechanical systems and a foundation with decades of settling are realistic findings on a home from that era, which is exactly what a $400 to $600 home inspection is meant to catch before you rely on the layout alone.
Newer single-level condos and villas trade that maintenance concern for a condominium fee and shared building decisions, so the tradeoff shifts from the house's systems to the corporation's, not away from tradeoffs entirely.
Which version of single-level living actually fits depends on how much maintenance you want to take on yourself. Get your hand-reviewed valuation from Joel Dyck.