I think it depends upon what you are going for in the shot. The color one shows the individuality of each house by it colors. It makes me want to look at various houses to examine each one's unique details. The black and white one makes them all a pattern and my eye isn't as strongly drawn from one house to another.
My preference is for the black and white because I tend to like patterns over details (and I'm more of a black and white guy anyway) but they both have their merits.