Probably the biggest downside is it's harder to predict what future costs will be....insurance, taxes, HOA fees, special assesments to cover repairs, etc. A stand-alone house has some of these also, but maybe easier to predict.
My coworkers were shocked when I mentioned that I would like to buy a townhome. All of them have houses and families whereas I am single. I also like the fact that I would not have to worry about anything outside of my home. Like most other people i do not like having an HOA with so much control, but i also understand the benefits of them and why they are required, especially when you have homes attached to each other. For me and my lifestyle, a townhome will be perfect. For families with children, lets, and multiple cars as you mentioned, it probably is not a good idea.
I’m single and own a 2 bed 2 and a half bath townhome . I don’t have an HOA. I have a lake view. It’s an end unit. I don’t plan on marrying or having kids. I have a yard but not too much yard.
Some of our reasons for NO townhouse: A) even though I walk and workout, the constant climbing of stairs is hard on my knees - we are looking for a single-story home as our next residence, B) we would feel crowded-in and lack of privacy.
Two very good points...it is almost impossible to find a townhome with a primary bedroom on main. There are a few unicorns out there but they are mostly non existent.
I love townhouses because of security… no thief thinks “let me break into the 2nd house in this building” As for the parking, what is it with Americans and having 1.7 cars per person? And for HOA, as long as you don’t outsource it to some company
Not for everyone is the key thing. Especially if there’s an “aggressive” HOA culture. No matter what home type you are buying, make sure you KNOW if there’s an HOA and who is in charge
I live in Montreal, where they're the most common housing, and you get giant ones too. It's about space efficiency and saving money on heating/cooling your home more than cramming people in. They also provide a great noise barrier from nearby streets, wind protection, and a great deal of shade while walking on hot days.
Are you thinking about making a move to Georgia? I want to be your real estate agent! Book a call with me here: tinyurl.com/28cyxbmm
Probably the biggest downside is it's harder to predict what future costs will be....insurance, taxes, HOA fees, special assesments to cover repairs, etc.
A stand-alone house has some of these also, but maybe easier to predict.
My coworkers were shocked when I mentioned that I would like to buy a townhome. All of them have houses and families whereas I am single. I also like the fact that I would not have to worry about anything outside of my home. Like most other people i do not like having an HOA with so much control, but i also understand the benefits of them and why they are required, especially when you have homes attached to each other. For me and my lifestyle, a townhome will be perfect. For families with children, lets, and multiple cars as you mentioned, it probably is not a good idea.
Great point, thanks for watching!
I’m single and own a 2 bed 2 and a half bath townhome . I don’t have an HOA. I have a lake view. It’s an end unit. I don’t plan on marrying or having kids. I have a yard but not too much yard.
Sounds like a great set up!
Some of our reasons for NO townhouse:
A) even though I walk and workout, the constant climbing of stairs is hard on my knees - we are looking for a single-story home as our next residence,
B) we would feel crowded-in and lack of privacy.
Two very good points...it is almost impossible to find a townhome with a primary bedroom on main. There are a few unicorns out there but they are mostly non existent.
HOAs can cause you lots of headaches, homes are now very pricey so getting a townhouse may be your only option, works best for single working people
I love townhouses because of security… no thief thinks “let me break into the 2nd house in this building”
As for the parking, what is it with Americans and having 1.7 cars per person?
And for HOA, as long as you don’t outsource it to some company
Former townhouse owner. All points made were spot on.
Thank you for watching!
Not for everyone is the key thing. Especially if there’s an “aggressive” HOA culture. No matter what home type you are buying, make sure you KNOW if there’s an HOA and who is in charge
Good point. I also always encourage everyone to read a copy of the covenants and restrictions as well and become familiar with the rules
buying a fixer upper is really hard work, done 2 in TX and wore more out
townhomes are built to cram the most housing into the smallest land area possible, you need to downsize your life to buy one
I live in Montreal, where they're the most common housing, and you get giant ones too. It's about space efficiency and saving money on heating/cooling your home more than cramming people in. They also provide a great noise barrier from nearby streets, wind protection, and a great deal of shade while walking on hot days.
dont move to atlanta its too crowded as is
Move to the suburbs of Atlanta :)
@@MovingtoGeorgia crowded there too
This script was like reading a high schooler essay filled with fluff. And… but… blah
Thanks for the feedback!
This comment was so unnecessary. This TH-camr's script was fine. Stop hating.
Townhomes are good for chicks and weak men who don't have repair and/or yard skills
What an interesting point of view.