The difference between a townhouse and a house is not always obvious to homebuyers until it is clearly explained. If you are wondering, “What is a townhouse?” it could be the right time to call the offices of Jeff Barchi to talk to a team of qualified real estate agents in Paradise Valley Ranchos. It can be confusing to know the answer to this simple question however, you do not need to look for your next home without knowing what to look for.
You can find the best type of home for you, and your family by understanding what you need out of the property. The type of single-family home you are looking for could come in the form of a house, a condominium, or even a townhouse.
What is a Townhouse?
The word “town-house,” originated back when family dwellings were kept within the limits of the town of the country. A townhouse is a term that stuck, and today people use it in real estate to describe a range of styles of single-family homes referred to as townhomes. In London, and other areas of the world they can be used for a range of residential purposes. However, in the United States, a townhome is most commonly used as a primary residence, and so it is also considered to be a single-family home.
While there is no official distinction between a townhouse and a single-family home by the Census Bureau, the term is interchangeable. In real estate, you may hear the term, and get confused by the type of housing you are talking about. Today, row houses are the most common style of townhouses and are often found in this type of configuration. Unlike other types of shared housing (apartments, duplexes, fourplexes) townhouses also offer the freedom of individual ownership.
Is a Townhouse Right for Me?
There are so many benefits unique to townhouse ownership. When you take a look at the important comparison points of a townhouse versus condominiums, apartments, and single-family homes it is clear to see if a townhouse is the right type of home for you.
- Shared Responsibilities. You can enjoy all of the perks of living in shared community property in an apartment, condominium, or a townhouse building. These types of properties offer to take the maintenance responsibilities off your shoulders unlike in other single-family properties.
- Ownership. A townhouse offers you the benefit of owning the property you are in. Since you fully own a townhouse, you can also make important decisions about upgrades, and make changes to the home.
- Community Feeling. Townhouses are community housing options where properties commonly share walls with other neighbors. This can make them more appealing to many people when compared to conventional single-family homes.
- HOAs (Home Owners Association). In condominiums the owners share some responsibility for the property, including aspects of the inside, and outside of the residence. A Homeowners Association (HOA) that owns the complex will be responsible for the exterior, and lawns as well as the communal areas of the building. When you have full ownership of the property, you are able to make updates, and upgrades to both the interior, and exterior spaces as well as landscaping. This is one of the main differences between townhouses, and condos.
- Style. Let the structure, and style of the building speak to you. Use your own needs along with your lifestyle habits, and preferences help you decide on the right amenities. Consider unique features of the community spaces, lawn care, pest control, pool, gym, and more.
If you want to know, “What does a townhouse look like?” there are many ways you can picture one of these as your home. Regardless of, the style of your townhome you may still have trouble making a final decision on a property. You can use this simple comparison list to help you clear up any murky territory about your choice (depending on the building). Call the real estate team of experienced professionals at the office of Jeff Barchi to talk about your needs, and desires of townhouse ownership.