i'm looking to buy a new home after mine sells, but, i can get a lot more bang for my buck (space, amenities) if i buy a townhome versus a single family residence. anyone who has lived or currently lives in a townhome - let me know your honest opinion on it and if you'd recommend it. thanks!!
2006-07-14 09:00:30 · 14 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
I'm looking at them as well. Here's what I've gathered in terms of pros and cons:
PROS:
You can often purchase a newer construction townhome than a single family residence. In my area, I can get a 20 year old townhouse for the same price as a 60 year old house
Community features--pools, exercise rooms etc...
Maintanence (lawn mowing, snow removal) included
CONS:
Sharing a common wall with neighbors
Month condo/homeowners fees
2006-07-14 09:08:42 · answer #1 · answered by Kryzchek 4 · 3⤊ 0⤋
2
2016-09-10 06:15:50 · answer #2 · answered by ? 3 · 0⤊ 0⤋
We lived in a townhome for several years in Southern California.
Benefits-pool and spa(already maintained), no yard work, gated entrance, low maintenance costs.
Drawbacks-less privacy(especially sound), dealing with the homeowners association-there is usually one or more busy bodies, no real space for a big party, and the landscapers using there noisy leaf blowers WAY too early in the morning.
2006-07-14 09:08:40 · answer #3 · answered by avonez 2 · 1⤊ 0⤋
If you're single, It is great! If you are not a handy person, it is great if you have an included maintence plan! If you like privacy and noise control, any kind of control really... Then it sucks! They are usually cheaper (unless you live in California then it really doesn't matter) and they are easier to maintain if you have a grounds keeper. And as far as home owners associations go, I live in a subdivision and it is deed restricted so you have to comply anyway. The head of our homeowners assoc is the only person on the block that has to date, broken every imposed rule...
2006-07-14 09:05:01 · answer #4 · answered by Anonymous · 1⤊ 0⤋
If it's only 2-3 people that will be living there, I think that should be perfect. The drawback is mainly that there are only walls that separate you from your neighbors which can be a downside if you are next to noisy neighbors or if you are noisy yourself since neighbors will complain. Overall, I think it's beneficial if these drawbacks don't seem like a big deal :)
2006-07-14 09:05:17 · answer #5 · answered by Lisa 2 · 0⤊ 0⤋
Depends. If you want alot of privacy and more space, buy a single family home. If you don't want to shovel snow, rake leaves or mow the lawn, buy a townhouse. But the monthly condo fee can be over $200.
2006-07-14 09:06:39 · answer #6 · answered by jim 6 · 1⤊ 0⤋
As you say, benefits are more bang for your buck. Drawbacks are smaller space, closer neighbors, probably some kind of neighborhood association around shared open space.
2006-07-14 09:04:25 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Neighbors? Yard? Appreciation? If you are buying it as an investment I don't care for the Idea. But is this going to be the last home you ever buy? I would maximize the potential of another house.
2006-07-14 09:04:03 · answer #8 · answered by Anonymous · 0⤊ 0⤋
It relies upon on the Board of directors or homestead association of the townhouse, homestead or co-op. In my city (NYC), there are not any puppy limits, no breed particular law. besides the undeniable fact that in would apartments, they decrease the canines length to round 25 kilos. I stay in in a CO-OP. My co-op in basic terms helps 2 canines in line with homestead. My construction looks to bypass extra on a case by case foundation at the same time as it includes breeds. should you've previously owned tremendous breed canines and the position to blame proprietors, they're allowed to interchange the canines with yet another tremendous breed (mix). they gained't enable, below any situations something that looks remotely likea AmStaff or APBT or a blend of both of those breeds. once you stay in a Co-Op, homestead, you do not own your sources outright, like you'll a house, you own a share of stocks. For Townhouses, you've to get licensed by the sources proprietors Assoc and they are those that set the rules. you nevertheless might want to respond to to the BOD or HOA. Like I said, I stay in a Co-Op, i'm no longer transferring each and anytime quickly. besides the undeniable fact that, if I had to do all of it once extra, i'd by a house. No townhouse, homestead or co-op. by possessing my own residence, i do not might want to respond to to absolutely everyone.
2016-11-06 09:22:15 · answer #9 · answered by ? 4 · 0⤊ 0⤋
Less lawn to mow and more energy efficiency.
However, less control over your own house and many more neighbors.
2006-07-14 09:03:37 · answer #10 · answered by bretto24 3 · 1⤊ 0⤋