Owning a home is something to be proud of every investor put his efforts to buy a property. Properties are of various types: single home, multi family home, condo and township. Those who enjoy community lifestyle, townhome are preferably for you.DC Fawcett Real Estate discusses about pros and cons of townhome ownership.
The 3 major factors to be considered before buying a townhome are
- Cost
- Structure
- Privacy
- Structure
The house construction basically differs from a normal home property. A townhome is usually attached to another townhome which is similar in its structure. They are more compact and are suitable for nuclear family or retirees. A party wall is constructed in between which acts as a divider or pillar that separates two or more homes. It is more like a condo but townhouses are built one above the other.
- Cost
The townhomes are preferred because of its affordability factor; it is cheaper than a traditional home. They are recommended for first time owners. It’s affordable because the cost is shared by a group of people. Utility expenses i.e. heating and cooling are way cheaper in a townhome and you tend to save a lot on this.
- Privacy
The major drawback is privacy issue is said by many in general, but sound proof homes and high quality construction eliminates these issues easily.
What all have to enquired before buying a townhome?
- What are the amenities and services available in the community? Usually townhouses are designed in such a way that it includes all amenities of an apartment living like swimming pool, indoor court. The common area maintenance cost is also shared by the entire community. This will give you the information on what all you have to buy and how much you need to shell out from your pocket every month.
- Associations are there to organize meetings, acts as help desk and take care of the community. Enquire about the rules and regulations before signing; these rules should be followed at any cost. So find whether you can follow all the rules. Meetings are held in the room provided to discuss any issue as well as conduct activities for recreational gathering.
- Pets are allowed or not, enquire about it as many communities do not allow.
DC Fawcett complaints on townhomes
DC Fawcett complaints – Many would be designated with posts like secretary, accountant etc, so your presence is needed almost all the time. Exterior part has to be kept incredibly neat and clean as a part of the association, they expect you to co-operate.
Pros
- Living closer to town so availability of basic needs is easier and closeby
- Save maintenance cost
- Security: townhomes are gated communities and people live close to each other. So people are free from robbery.
Conclusion
If you are looking for how townhome ownership and its lifestyle looks like, visit DC Fawcett Virtual real investing club to know more about it. DC Fawcett enlightens his investors with his art of virtual wholesaling as well where investors do not require cash.
