should i buy a townhouse or a house
2006-12-08 09:08:07 · 12 answers · asked by zingrii 1 in Business & Finance ➔ Renting & Real Estate
First of all a Townhouse is much like a condo. There are fees, and restrictions as to what you can and can not do to the outside.
But.. you'll never have to mow the grass or shovel the sidewalks.
If you purchase a house, well there is a huge list of: Owner to do list.
Such as, maintaining the entire exterior, the lawn, shoveling and raking just to name a few.
It is all about what you want out of your "Home"
2006-12-08 09:14:43 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you're planning to live at either residences for a long time with little maintaince then townhouse but if you're planning to move the next few years then a house. Houses usually have better resale value then a townhouse. Also there are houses that do offer homeowners association.
2006-12-08 10:36:17 · answer #2 · answered by muh 3 · 0⤊ 0⤋
I would suggest a house over a townhouse, but that is secondary to other considerations, specifically, location-location-location and price. And it's quite possible to gain as much in equity (through home improvements and time) from a townhouse as from a house. I just prefer the livability of a house over a townhouse.
2006-12-08 09:18:08 · answer #3 · answered by Dave of the Hill People 4 · 0⤊ 0⤋
If you have alot of people living at your house and want a spacious living thena house, if it is you or another person only and don't want to clean alot then townhouse or depending on your budget for the price.
2006-12-08 09:10:15 · answer #4 · answered by 'ι ν у - 2 · 0⤊ 0⤋
Land is in straightforward terms a physically powerful investment in case you intend on renting it or development on it. attempting to coach it wont' artwork except you will get at a bare minimum, 10% extra effective than you paid for it. additionally, you may in straightforward terms deduct the loan interest in some time table A on your familiar place of abode. On the different apartment residences it in basic terms is going as an cost against your passive income. procuring apartment belongings is an remarkable thank you to construct wealth. You get somebody else to pay the loan, in basic terms in basic terms make certain you get sufficient in lease to cover each and all the fees. do no longer lose money each month just to income fairness in a belongings. The tax regulations are starting to be tighter on passive losses and could in all probability get extra so.
2016-10-14 07:14:26 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Townhouse is so much nicer and less of a hassle
2006-12-08 09:15:28 · answer #6 · answered by Jen 2 · 0⤊ 0⤋
In most cases, a house in reasonably good condition is generally a better financial investment. But, a good price for a property you personally like & can afford should be your foremost consideration.
2006-12-08 09:29:58 · answer #7 · answered by mark 2 · 0⤊ 0⤋
Make a decision and pray about it. Keep your purchase Modest and you will reap the blessings of doing so. Too many people are buying what they cannot afford and here in CA they are buying houses and paying interest only payments, its INSANE.
Be careful and wise...
2006-12-08 09:13:08 · answer #8 · answered by SunValleyLife 4 · 0⤊ 1⤋
house
2006-12-08 09:12:00 · answer #9 · answered by Anonymous · 0⤊ 0⤋
well if u live by ur self than mabe u should by a town house or if u live w/ ur parents or something that maybe a house depends n whic one is cheaper too
2006-12-08 09:11:40 · answer #10 · answered by nathalia 1 · 0⤊ 0⤋