When you purchase a townhome, it is similar to purchasing a regular house. You will own the house that you live in and you will also own the land that the home is built upon. However, a townhouse is not a free-standing structure and will be attached to other types of houses. There are several other things you can expect from a townhouse.
Join a Community
The advantage of a townhouse is that it has a much more communal feel. For example, you will have communal spaces such as a tennis court or a swimming pool. If you have children, a communal playground can be great because your children can play with the neighbors.
Live in the City
If you are planning on living in a more urban area, a townhouse can be a more convenient place to live because you will not have to travel as far to reach the urban area. The townhouse is more common in an urban area because it does not take up as much precious space.
Find the Perfect Home
Because a townhouse is more of a community experience, you will want to learn as much about the community as you can. For example, you will want to learn about the culture of the community you are a part of and the crime rate. Fortunately, you can ask your realtor for information on all of this.
Know the Rules
For a community to be successful, it's important for rules to be in place so that everyone knows what is expected. Bylaws are put in place to protect both you and the other residents. For example, you might be concerned about pets running all over your yard and leaving droppings that you will later have to pick up. However, there are some townhomes that have bylaws that place restrictions on pet owners or may even prevent pet owners from having pets at all.
Find out about how loud the townhouse is and whether there are restrictions placed on noises. Too many restrictions might actually be a problem if you intend to have a lot of parties, but you might also prefer that these restrictions be in place if you have to get up and work early in the morning.
Move Into an Easier home
A townhome is a great way to transition into home ownership before you purchase a larger home. It's less expensive and you won't have to put as much time into maintaining it. Therefore, as long as you speak with a realtor and ask for advice, you should be able to find the perfect townhome for sale for you.