Townhomes vs. Single-Family Homes
It’s no secret that buying a home is one of the biggest investments you’re ever going to make in your lifetime. If you’re a first-time home buyer, chances are good that you’re feeling overwhelmed by the number of options available to you. For example, one major decision you’ll have to make is whether to purchase a townhome or a single-family home. Fortunately, as long as you make an informed buying decision, both styles are great options. There are both advantages and disadvantages to purchasing either type of home. Obviously, price and affordability will play a huge role in determining which one is best, but before making your decision, it’s important to compare them to see which housing style is the right option for you and your family.
Advantages of Townhomes
Townhomes are single-family homes that share one or more walls with other attached-unit homes. They come in a variety of shapes and sizes and may be part of a multi-story building with many units or a small strip of townhomes with just one or two levels. They have their own interior and exterior walls, lawn, and roof. In some cases, homeowners may have to share common areas, such as the garage, clubhouse, or pool. Insurance for both the home and the property is covered by the homeowner. Many townhomes are also governed by a homeowners association (HOA) that handles trash removal, maintenance, and more. Some of the biggest advantages of owning a townhome include:
Homeowners association fees are common among townhomes. While they can be costly, when the pool needs to be cleaned or the grass needs to be cut, you’ll be happy to know that it’s someone else’s responsibility to take care of it. Depending on your HOA’s specific policies, these fees could cover everything from basic landscaping to painting, roof repair, and more.
If you want to buy your own home but are worried about the expense, a townhome could cost significantly less than a single-family unit of the same size and in the same neighborhood. Utility bills also tend to be much lower and out-of-pocket expenses are less.
Sense of Community
Because residents of townhome communities live so close together, they get to know each other better and tend to offer a helping hand to one another. For example, many neighbors in townhome communities watch over each other’s homes when they’re away on vacation. Similarly, a neighbor who shares a wall with you may be more likely to notice a problem and sound the alarm.
Advantages of Single-Family Homes
Single-family homes are unattached houses that are commonly found in the suburbs of a large city, a subdivision, or in the rural countryside. They don’t share any walls or roofs with other units and may have a yard, garage, pool, private garden, and more. The biggest advantages of buying a single-family home include:
Single-family homes typically have larger yards than townhomes do. In fact, many townhomes don’t have private yards at all — the yard is usually considered a common area that is maintained by the homeowners association for the residents in the community to enjoy together. If you want to entertain guests in a large, private backyard or plant your own garden, then a single-family home will be more suitable than a townhome.
No Shared Walls
Because single-family homes don’t share walls or floors with another unit, you won’t have to worry about your neighbors making a lot of noise at all hours. While you might have neighbors, you won’t have to worry about noise-related issues because no part of their home will be touching yours.
If you’re always struggling to find a place to store your holiday decorations or other items you don’t have space for, then a single-family home might make the most sense for you. Most single-family homes have garage space, attic space, basement space and more square footage in general than townhomes do. They might also offer outdoor space to store outdoor toys for your children or pets, gardening tools, and other recreation items.
Choose Chesmar Homes
If you’re in the market for a new home in Dallas, Austin, San Antonio, or Houston, then look to Chesmar Homes. At Chesmar, we offer a wide selection of single and two-story multi-family homes and townhomes featuring models with three or more bedrooms, raised ceilings, kitchen appliances, open floor plans, front porches, covered patios, and landscaped front yards.