The Townhome Choice
Why a Capitol Hill Seattle Townhome may be right for you.
Is a Townhome Right For Me?
The reasons for choosing the townhome lifestyle vary. Among the most common are:
- Affordable: Simply put, townhomes cost less.
- Value: Get more living space for your money! For the cost of an 800 sq ft condo, you can find a beautiful, well built, feature rich townhouse with as much as twice the square feet.
- It's new: There are alot of new construction townhomes to choose from.
- Low Maintenance: New construction townhomes a well built, and require little maintenance.
- First time buyer: This is a great option for first time buyers. This gives you an opportunity to buy a more affordable home and build equity. It beats the heck out of paying rent.
- Investment Properties: Townhomes can make great rental or investment properties. Also, consider buying a townhome and using it to house your college age children while they are in school. Once the child graduates, you can either use the property as a rental, or sell it.
If you fit into one of these categories, a townhome may be a great choice for you. If you have never lived in a townhome, read on for more helpful information:
A townhome is like a single family home in that you own the land under your feet (unlike with a condo). The main difference between a townhouse and a single family home is that a townhome shares a common wall with another townhouse.
Townhomes are very popular with Seattle area home buyers who want to live in a great neighborhood; such as Capitol Hill Seattle at an affordable price. The two components of real estate pricing are land costs and structure costs. Naturally, a large parcel of land in a desirable neighborhood would make the price unreachable for many buyers. But, if you split the parcel between townhomes, more buyers are able to live in the area.
The demand for affordable housing close to Downtown Seattle makes the option of townhouse living a logical choice. It is also the goal of the City of Seattle to add density to the city core so that traffic can be improved by more people living closer to work. Many buyers shopping for single family homes in Capitol Hill Seattle that are still within an affordable price are a bit shocked to see the lack of bathrooms, outdated kitchens, and often no parking. For considerably less than the price of a single-family home, today’s townhome buyers can get a new construction townhouse with an open kitchen, state-of-the-art systems, a private garage, fashionable appliances and energy efficiency. Townhome buyers appreciate the low maintenance and ease townhome living offers. You won’t be spending your free time with an endless list of home repairs. Your weekends can be spent grilling and not drilling.
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