Townhouse homes are structures that are attached to other unit or units in a row. Oftentimes, they are built and integrated with other dwellings that form multi-unit houses such as duplexes or triplexes. Others have several units within a single structure. The main difference between a townhouse and a condo is the ownership of the land on which the structure is built. When you buy a townhouse, you also buy the land along with the unit. This is not so in a condominium where only the possession of the unit is transferred to you. Townhouses are increasingly becoming popular due to their potential as an investment piece.
The Advantages of Buying Townhouses
Townhouse homes come in very affordable prices than traditionally-sized houses. While they may not be as spacious as other regular-sized homes, they are nevertheless easier to maintain and do not demand large overhead for repairs. They are also known for having exterior areas that are very easy to manage and their interiors are well-designed to maximize every corner and space.
Unlike in condominiums, living in townhouses afford you greater privacy since you do not have to worry about next-room neighbors living on both sides of your unit or above and below you. While you may share a wall with a neighbor, this is still much better than sharing the entire building along with many other people and families.
One of the greatest advantages of investing in townhouse homes is that they are extremely functional. These spaces were designed to house the needs of every member of your family. This is why you will find a lot of built-in spaces that do not only conserve what little space you have but also promote ease in your mobility around the house.
Aside from those already mentioned, townhouses are also perfect for families since they are strategically located in friendly communities and neighborhoods. Access to business centers and other amenities is also easy as these facilities could be found just about anywhere near the units. You can also take advantage of shared privileges with your neighbors such as a pool, garden and lawns.
In general, it is not difficult to see why many people prefer buying townhouse homes over other types of properties. If you are business-minded, you can actually even take advantage of their huge potential for a rentals business. With the right marketing skills and strategies and a little amount of fixing around the unit, you can succeed in attracting many interested house renters.
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