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Ask The Broker – Is It Worth Buying A Townhouse

April 26th, 2022

Is it worth buying a townhouse?

Bluff 10 Townhome - Exterior

This is really a question for the buyer, townhomes have pros and cons just like any other style of real estate. In our region most of the Townhomes are part of an HOA so they have extra features that a normal residential home does not have. Some of these features include maintenance, lake access and even golfing at an 18-hole course. While these features are nice, they do come at a monthly fee to the owners so the buyer will have to consider this in their budget. Another possible negative is sharing a wall with your neighbor. Townhomes are like owning a home, so no one lives above or below you, but they are attached on at least one wall. Having a neighbor that close could be a major downside to the buyer.

Ask A Broker - Margie Information