Tag: Townhouse

Everything to know when buying a townhouse

apartment house home

A townhouse is a connected row of houses sharing walls. They are usually part of a planned development or condo and have common areas like pools, fitness centers, and playgrounds that the residents share. Townhouses are a great option for people who want to own their own home but don’t want the hassle of maintaining a single-family home.  What are townhouses? Townhouses are a type of housing similar to an apartment but have their entrance and are usually attached to other units. Townhouses are often part of a community with common amenities like pools, playgrounds, and fitness centers.  What are the benefits of owning a townhouse? There are many benefits to owning a townhouse. One of the main benefits is that you don’t have to worry about maintaining the exterior of your home or the common areas. Another benefit is that townhouses are often part of a community that can offer amenities like pools, playgrounds, and fitness centers.  When you are ready to buy a townhouse, you should keep a few things in mind.  Townhouses are usually part of a Homeowners Association (HOA) An HOA is a group of townhouse owners that works to maintain the property and common areas. The HOA fee is typically paid monthly and covers landscaping, snow removal, and building maintenance. It’s important to find out what the HOA fee covers before you buy a townhouse to budget accordingly.  Townhouses are usually smaller than single-family homes If you’re downsizing from a single-family home, you may have to get some of your… Read More