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Townhomes And Their Advantages

By Jed Tyler


When you think living in a townhome, what comes to mind? In the minds of certain people, they have a kind of stigma attached to them. Some people seem to carry on the misconception that townhomes take the least desirable elements of apartments and homeowners associations and smush it all together. But many of these ideas are flat out wrong. Townhomes are a whole different ball game from other living spaces.

A key differentiating factor between a condo and a townhome is the matter of land ownership. In buying a condo, the deal usually only includes four walls and the air inside. The land it rests on doesn't change hands. But in buying a townhome, the plot of land usually comes as part of the deal. Admittedly, it won't be the largest, most luxurious yard you'll ever see. But it's your yard, and with that claim to land ownership comes a large number of freedoms that aren't present on rental properties.

The most common reason some people opt for a townhome over a single-family home is the more reasonable price. But you might be surprised by how many luxury features can be packed into the smaller scale of a townhome that would be too expensive in a full-size home. For example, with the larger surface area of a single-family house, luxury stone countertops might not be affordable, but it might be possible in small scale of townhome.

Certain things have an undeserved reputation, with people saying that they're much worse than they actually are. HOAs are one such thing. Most times, the benefits of being a part of one far outweighs the little annoyances that they bring. For some small dues and cooperation with the rules, you gain access to various services. In many communities, this includes having exterior maintenance of the home covered, including land mowing, snow removal and roofing projects. Each community will have its own benefits and guidelines, so make sure that you are familiar with your own.

Townhomes are most often built as part of a community. Being part of a community has several advantages, not the least of which is partial ownership of and access to the various amenities on the property. In a normal community, these might include things like a clubhouse, fitness area, parks and play areas, basketball and tennis courts and a swimming pool. When there's an amenity lacking, there is often a way for the community members to invest together to add something new. In the community you belong to, you own a small piece of everything on the property.

Everyone has differing circumstances and requirements, but in many cases, a townhome can provide a very feasible option when someone does not want to buy a large home or rent an apartment. You might be surprised by the advantages of a townhome. Many people will testify to their value.




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