For empty nesters who no longer need the maintenance of a giant house or young 1 just starting out living in a townhouse might be a great way to go. There are clearly some drawbacks to living in a townhouse compared to a detached home, a big yard for youths to play in and to garden are a few examples. But for a lot of homeowners the advantages of townhome living exceed the negatives. Large landscaped common areas, swimming pools, almost no exterior upkeep are just some of the amenities loved by townhome owners. One other benefit of townhome living is the cost per sq. foot is usually lower than a single family detached home. Townhome developments can normally be built for alot lower than it costs to build detached home communities.
Here are a number of pointers to consider when buying a townhome.
When touring townhome communities pay attention to its residents. Does it appear as if neighbors are talking to one another and getting along. Try to have conversations with a number of owners. You don't want to move into a community where no one gets along and the association is split over issues like upkeep, pool issues, landscaping, etc. If you are actually serious about a particular community get a hold of the management company and request meeting minutes from the last 3 home-owner association meetings, this will give you an excellent picture as to what is going on and if there are any eminent special assessments coming in the near future!
Pay close attention to how open the interior floor plan is. Search for a home that's pretty open with alot of windows and high ceilings. Many older townhomes weren't built in this fashion and have a darkish, closed in feeling about them. Owning a townhome with an expansive interior will also help with re-sale down the road.
As the old real estate saying pronounces... location, location, location. Just because you actually like a specific neighborhood and/or dwelling does not imply it's a must to move in. Make darn positive you like the area. Are schools vital to you? Make positive you're in an excellent school district. Are the shopping spots nearby to your liking? What about public transportation and handy freeway access?
What is the developments parking situation. Do you've got a one or 1 car garage? Is there carports or covered parking. What sort of a scenario will you encounter when you have friends? These are additionally some very good questions to ask folks already living within the community.
Hopefully these pointers have given you some issues to think about when looking for a townhome. As you begin your procuring process other questions will definitely come up. Just remember don't make any quick choices and think all the pieces through before making a acquisition. It'll make for a way more pleasant townhome owning experience.