2006-12-11 19:50:05 · 6 answers · asked by MaJoy 1 in Business & Finance ➔ Renting & Real Estate
Equity is the difference btw market value and debt on the property...
Having said that, SFR will always out do townhouses as a better investment because they t ypically come with some land. This a strong selling point to buyers with childredn who need room for the family to grow....
But it all really depens on market...in a bedroom community, townhouses also do pretty well...
2006-12-12 05:30:50 · answer #1 · answered by boston857 5 · 0⤊ 0⤋
This really depends on too many factors to give you a definite answer. I would say that in general, between a single family home and a comparable townhome that the single family home would gain value quicker.
However, a townhome in the California bay area will gain value quicker than a single family home in the middle of nowhere... the factors that would come into play here are all of the factors that are considered when appraising a property, and we all know that LOCATION is the key to any real estate investment.
2006-12-11 19:56:15 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Single Family Home
Matt
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2006-12-11 23:41:41 · answer #3 · answered by Matt J 3 · 0⤊ 0⤋
a single home or a townhome is same equity.Depent how you see that problem.
2006-12-11 19:57:01 · answer #4 · answered by eug3n 2 · 0⤊ 0⤋
Most of the time it is the detached single family that goes up the fastest.
2006-12-12 06:08:31 · answer #5 · answered by emourelatos 2 · 0⤊ 0⤋
Too many variables. It all has to do with supply and demand and what buyers are looking for at the time.
2006-12-12 00:40:51 · answer #6 · answered by Anonymous · 0⤊ 0⤋