As the U.S. economy continues to get over the recession and housing crisis of 2008, Americans continue to consider condos and townhomes for sale instead of invest in a house of their own. Buying condos and townhomes aren’t only beneficial for those looking for affordable housing, there are many perks that come with living in condos and townhouses as well. If you’re considering looking into condos and townhomes for sale, and buying a house of your own isn’t an option, here’s some helpful information you should know before signing on the dotted line.
1) Condo vs townhome. What are the differences?
Townhomes are typically multi-level, and in some cases will include a basement as well. Townhomes also typically share at least one side-wall with a neighbor too. Condominiums can sometimes share walls with neighbors, but in most cases they are singular units, singled floored, and don’t include a basement. Townhomes can typically be purchased with attached garages too, while condominiums typically feature underground or detached parking garages for residents. Townhomes can be purchased with some sort of outside patio or deck area for each unit, while condos typically feature shared amenities and outside patio/deck areas.
2) The perks of living in a condo or townhome.
Since many condominium and townhome unites are located among managed properties, much of the maintenance and security services come included within your agreement. These properties will typically feature on-site maintenance and security employees who keep the property grounds clean, well maintained and safe. These properties can also include various amenities such as fitness centers, pools, community centers and basketball or tennis courts.
3) What can you expect to pay for townhomes and condos?
The price for these housing units is the biggest advantage over buying a house. Some condos and townhomes can be quite expensive if you’re looking into luxurious options, but a lot of money can be saved by purchasing a standard townhome or condominium. Often times, utilities such as internet, heating, water and electricity can be included within your agreement, and can save you a ton of money, especially during the winter. There’s many townhome and condominium housing options within most U.S. markets that can fit all a large range of budgets. Read more here: casadifiorifl.com