3 Points to Consider Before Buying a Townhome
Ready to downsize? Looking for a property that’s maintenance-free? A townhome might be for you. Here are points to consider before buying a townhome.
Are you ready to share a wall with a neighbor? This may be an unexpected point to consider, but if you’ve spent most of your homeownership years with a lot of space between your house and the neighbors, it’s something to discuss.
What are your outside space expectations? Many townhomes will feature decks, patios and/or small yards, but some will not. Think about how much you spend your leisure time outside, and whether the townhome complex has green space or nearby parks.
Do you like the idea of an HOA? Most townhomes will have a homeowners association. For a monthly or annual fee you will receive benefits such as lawn care, a party room or clubhouse, workout center, and monitored security.
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Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Diversity Specialist, HOWNW, CSA-Certified Staging Agent, Oregon First, Realtors
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