Townhomes are one of the options you can consider when looking at real estate. You may find that townhomes on the market are cheaper than the single-family homes and other properties on the market, but is a townhome right for your needs?
Here are signs townhomes are the type of real estate you should be looking at. Your agent will help you pick out the best townhome for your needs.
You don't need a large yard
Townhomes are homes that are purchased by an individual owner, but they aren't single-family homes in that they have neighbors that share the walls of the same building. Townhomes are not entirely known for having large and spacious yards, but if you don't need a lot of space, you can easily buy a townhome to meet your needs. You can get all the space you need within the walls of your home, and you can still own the yard that comes with your townhome, even if it immediately borders the yard of the townhome right next door to yours.
You don't need massive privacy
When you look at townhomes with your agent, you'll notice something right away: townhomes are similar to condos in that a large building is divided into a bunch of separate living quarters. A townhome will give you more privacy if you're used to living in condos or apartments, but doesn't offer the same private appeal as a single-family home.
If privacy is a factor but not your main goal in buying property, consider a townhome on the back end of a property or on the corner. You don't want a townhome in the center of two other townhomes, for example. This way, you can have some freedom of privacy because some of your walls are not touching neighboring properties.
You care most about location
Townhomes, like apartment complexes and condos, are often located in prime areas of town closest to business sectors and busy city life and not in subdivisions like single-family homes are. If location in your property is the biggest reason for wanting to invest in real estate and you don't want to buy an apartment or condo, then a townhome is a great solution for your needs.
Choose an agent who specializes in condos, townhomes, and other multi-family units to help you find the townhome that is right for you. Choose townhomes for sale that meet your square footage needs while being able to stay within your budget.