What is a Townhouse?
A townhouse is a multi-floor home that shares walls with other units. They may exist in small or long rows depending on the age of the community and city. They often include less outdoor space and conform to a consistent appearance.
Pros of Townhomes
Less maintenance
Townhomes are often part of larger structures, so there is less maintenance to be done overall. This includes not having to deal with outdoor spaces as frequently. Many townhouse projects will also have property maintenance services, meaning things like snow shovelling and weeding are taken care of for the homeowner.
Equivalent space
You don’t lose much indoor space with a townhouse. The square footage is roughly equivalent between a unit and a single-family home, but without the extra cost of more land. This can be a great way to save money without sacrificing much in the way of space.
Lower costs
Speaking of equivalent space, townhomes are also a great way to reduce costs for relatively minor sacrifices, like the loss of extra land. This also extends to maintenance costs, which for shared items, like roofs or siding, are typically spread across all homeowners in a townhouse development.
Cons of Townhomes
Amenity fees
Townhomes often offer extra amenities to incentivize buyers. This includes pools, workout areas, communal space and more. While these should be considered as a perk when looking for townhouses, if they do not appeal to you, then it is likely you will be disappointed when you have to pay for them.
Vertical space considerations
Townhouses are not built for everyone. Seniors living in townhomes will likely struggle with the vertical space, which demands a fair amount of ascending and descending staircases. Vertical space also means that you will have to consider the layout and storage of the home, so that you aren’t traversing multiple floors to fetch linens or other regular concerns.
Semi-apartment living
While townhomes absolutely remove the burden of having people above and below, you will still have at least one neighbour separated by a wall. This means noise and personal space complaints may still be a concern, and the mileage of privacy can vary considerably.
Shop for Townhomes with Confidence
There are many more advantages to townhomes that we have not covered in this article. They are a great way to build equity and establish yourself as a property owner. But, finding the right townhouse for your needs is no simple operation. It involves an intimate knowledge of the market you are planning to purchase in, a keen eye for a good deal and experience with other townhouse sales.
Basically, it requires the help of a professional and qualified real estate agent, like those you can find at 2% Realty. With a wide selection of townhouses to choose from and many years of experience in Airdrie property, it just makes sense to call these friendly experts today.