For those who feel a condominium might be too small but a single-family house too big, buying a townhouse can be a perfect solution. Here are a few things to keep in mind that will help you with your purchase.
A townhouse is part of a building with attached neighbors, but the neighbors are only beside the unit, not above or below. Also, a townhouse often includes a small deck or backyard space.
Check out the homeowners’ association of any townhouse that you are interested in purchasing. Ask to see the previous month’s minutes so that you can see what issues were brought up. This can give you insight in to what issues are considered important in the townhouse community. When buying a townhouse, also remember to find out how much the homeowner’s dues are and what comes with paying that fee.
It is important to keep in mind the amenities that are important to you when buying a townhouse. Find a townhouse with exactly the amenities that you want. If you want a swimming pool, find one that has that. If you want a workout facility, look for a townhouse that has one. Realize that you pay for these amenities through your homeowner’s dues.
There are many advantages in buying a townhouse. Townhouses may have more security due to the proximity of your neighbors, but this also means less privacy. There should be fewer repairs and maintenance for you to be responsible for, although you will pay for any repairs through your homeowner’s dues. By knowing what you want, you can find buying a townhouse to be a great experience.