Townhouse vs. Single Family: What’s Right for Me?
Buying real estate is exciting enough on its own, but it gets even more exciting when you check out the array of options that are waiting for you to move on in. Two of the most popular options are the townhouse and the single-family home. But how do you know which one to pick? Keep reading to find out.
Townhouse vs. Single Family: What’s the Difference?
Perhaps the most obvious difference between a townhouse vs. single family home is the structure. Townhouses are attached to one another, with each having at least one shared wall with adjacent townhomes. Single-family homes are freestanding, typically on a plot of land that also belongs to the homeowner. Townhome owners also own the parcel of land on which the townhouse stands, which often consists of small front and backyard areas.
Location is another difference you’ll find. Townhomes are generally situated near bigger cities in urban areas, which is how they got their name. Single-family homes can be anywhere, including way out in rural, sparsely populated regions. That may be fun – unless you’re a fan of a vivid nightlife.
The sense of community can be vastly different between the types of dwellings. Single-family homes make it easier and more likely that folks will keep to themselves, while townhouses invite a strong sense of community and togetherness. This also means townhome neighbors may be more apt to look out for each other when needed.
Because townhouses are often newer than single-family houses, you’ll also get modern, energy-efficient designs and features that go far beyond many single-family dwellings. Like garages, extensive storage space, granite countertops, high-end appliances and master bedroom suites that blow your mind.
Townhouse vs. House for Active Lifestyles
Folks who are active and always on the go may find townhouse living suits them better than owning a single family home. One of the big reasons is the amount of maintenance involved.
Houses come with tons of upkeep that you’ll either have to do yourself or hire someone to complete. Either way, it’s your responsibility. Owning a townhome means that your property comes with a homeowners association (HOA) that typically ensures all the exterior and common area maintenance is done for you. It is possible that you would pay HOA fees but that means you’re going to spend less time raking leaves or removing snow and more time romping in the park. Or biking the nearby trails. Or chilling out on the balcony. You get the idea.
With a stronger sense of community, townhouses can also make it easier and safer for you to travel as desired. Neighbors are much more likely to keep an eye out and report any suspicious behavior going on while you’re gone.
With a stronger sense of community, townhouse owners find it easier and safer to travel as you desire. Neighbors are much more likely to keep an eye out and report any suspicious behavior going on while you’re gone.
The proximity to a larger city also makes townhouses ideal for those who like to trek into the city in a flash, and get home just as quickly. Pick a townhouse community that’s on a major public transportation line, and your jaunt becomes even faster and easier.
Active folks in Colorado can find townhouses particularly lucrative due to the surrounding neighborhoods. Some areas, like Lakewood, are in the midst of becoming hotspots with new eateries, shops, brewpubs and community venues flocking to the area. Outdoor adventures are just as easily accessible.
Purchasing a brand new home in such an area is still ridiculously affordable, while purchasing a single-family home in that same locale may be merely ridiculous. If you’re leaning toward a Colorado townhome as your perfect pick, make it even more perfect with the options at West Line Village. Take a peek now.
SOURCES:
https://homeguides.sfgate.com/advantages-disadvantages-townhouses-vs-single-family-homes-43346.html
https://home.howstuffworks.com/real-estate/5-advantages-townhouse.htm
