There’s a distinct charm attached to living in a townhome. They’re not just private, compact homes that are perfect for families, but they also offer the community feeling of an apartment complex. In recent times, they’ve become a trendy option amongst first-time homeowners and small families. But buying a townhome goes beyond just the basic aesthetic appeal. One of the significant things to consider when investing in a townhouse is the amenities it offers. Here is a thorough guide on what to look for in terms of townhouse amenities when buying one.
Private Outdoor Space
One of the main selling points of townhomes is the private outdoor space they offer. This could be a small backyard or a front porch. Private outdoor spaces are perfect for personal gardening or arranging small family get-togethers. Whether it’s a small patch of green or an elaborate patio, it is essential to look for options that provide some sort of private outdoor area when considering a townhome.
Parking
Most townhomes are part of larger complexes or communities. Therefore, ample and secure parking is a must-have amenity. Some townhomes come with an attached garage, while others have designated parking lots for residents. Easy and safe parking not only adds to your daily convenience but also enhances the resale value of the property.
Quality of Construction
Aesthetic appeal should not overshadow the quality of construction. Look for homes built with high-quality materials and have excellent construction standards, like soundproof walls, quality insulation, and good wiring. To assess the quality of construction, hire a professional home inspector to spot potential issues like leaks, poor electrical systems, or structural damage.
Neighborhood Amenities
Looking beyond your front door is crucial when purchasing a townhome. Is the property near basic amenities like public transportation, shopping centers, hospitals, and schools? Consider proximity to parks and recreational centers. Access to these amenities not only makes life convenient but also adds to the home’s resale value.
Homeowner Association (HOA) Amenities
Most townhouse communities have homeowners associations (HOAs) that provide certain shared amenities such as a swimming pool, fitness centers, playgrounds, community rooms, and common outdoor areas. Make sure to get a clear understanding of what the HOA offers, and whether the dues are worth the amenities.
Maintenance
A significant advantage of living in a townhome is lower maintenance. Many HOAs cover exterior maintenance like snow removal, lawn care, and roof repair. It is essential to consider this when looking at potential townhomes, as it can save you much time and effort.
A townhome can be an attractive housing option, offering the best of both an apartment and a single-family home. Nonetheless, it’s important to consider the offered amenities and how they align with your lifestyle needs. Buying a property is a long-term investment, and the amenities both inside and outside the home will greatly influence your quality of life. So, carefully consider each factor in light of your personal needs and financial capability before making a decision.
What should I look for when buying a townhome?
When you plan to buy a townhome, look for amenities like sufficient parking, private outdoor spaces, quality of construction, and the services provided by the homeowner’s association. Remember to consider the location and proximity to neighbourhood amenities like shops, schools, and healthcare facilities.
Do townhomes lose value?
No, townhomes do not necessarily lose value. The value of a townhome, like any other property, depends on various factors such as the location, condition of the home, the real estate market, and more. Properties in well-maintained communities that offer good-quality amenities tend to hold or increase their value over time.
Are townhomes a good first home?
Yes, townhomes can make excellent first homes. They offer the privacy of detached homes, yet with many of the benefits of apartment living including community feel, shared amenities, and often, lower maintenance responsibilities.
