Deciding what style of home you want when buying a home can be the most difficult decision in the home buying process, especially with many options on the market. Do you want a single-family home or an attached unit, or even a condo? This is the first step when deciding to look find homes for sale. When determining which style is best for you it is important to recognize there are advantages and disadvantages for all options.
Purchasing A Single Family Home
There are a number of reasons why unattached units are preferable for most home buyers. By purchasing an unattached home you elevate your level of privacy - you have your own lawn which is usually fenced in, you don’t share walls with any other homeowners, and you typically have your own private driveway that you don’t have to share. You also usually have a bigger yard, both front and back, which is preferable for many young families who look to grow their family in the future.
However, owning an unattached unit tends to come with higher property taxes, a higher price tag, and much more maintenance. It is not feasible for every home buyer to purchase an unattached single family home. There are a number of benefits, though they often go overlooked, to owning an attached unit, such as a townhome or condo.
Advantages of Townhomes and Condos
Attached units is able to come in different shapes and sizes, so there is something that can work for everyone. We’re going to explore some of the greatest benefits to owning an attached unit home.
If you are someone who is frequently too busy for maintenance, or just don’t have a green thumb, then an attached unit may be right for you. These units often come with a maintenance team which takes care of things like lawn maintenance, gardening, or even hallway and common space maintenance. This is common for condominium buildings, which is why condo owners pay a monthly condo fee, to cover these costs. For townhomes, maintenance tasks such as lawn maintenance and snow removal are also covered at a monthly fee.
Fewer Concerns When Traveling:
If work or family takes you away home often, chances are the home will be fine due to maintenance teams taking care of the little details, rather than you having to worry about finding someone to cut your grass. Having an attached unit home also means there are more eye s in close proximity to the home to ensure that nothing happens while you are away.
Live Closer to Town
If you enjoy a short commute to work or just to prefer be near dining options and vibrant entertainment, you may find that purchasing an attached unit home will allow you to be closer to all these options, as they are typically located closer to city centres. Sometimes you might even be able to live close enough to your office to be able to commute or bike to shave time off traveling to work. Also, being closer to town will allow more options to dine out at popular restaurants or even to go watch live music at night.
For more information on the home buying process, download the Team Davids' free Home Buyer’s Guide below.