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Townhouse Living: The Pinnacle of Fine City Living

CYNTHIA ROWLEY FOR HOOKER FURNITURE EN POINTE UPHOLSTERED ARM CHAIR

CYNTHIA ROWLEY FOR HOOKER FURNITURE EN POINTE UPHOLSTERED ARM CHAIR

Vertical living and privacy characterize self-sufficient living in the city. Home buyers are often attracted to these characteristics but these could also be a turn off to some would-be homeowners. In essence, townhouse living requires that you take out your own garbage, maintain the boiler as well as the HVAC. What’s great about townhouse living, though, is that you don’t need the approval of the board in order to renovate your place. You also won’t worry about a neighbor living downstairs who’s complaining about your noise.

Hunting for the Right Townhouse

The very experience of buying or selling a townhouse is a lot different from purchasing an apartment. There are more spaces to cover with a townhouse than an apartment. There are also other items that you need to evaluate such as width. Of course, the wider the townhouse, the more value it has. In NY, for instance, the average width of a townhouse is at 18 to 20 feet. Anything that’s narrower than this is, therefore, more difficult to sell. Over 25 feet and what you have is already considered a trophy property.

Location Always Matters

Location parameters differ when you’re scouting for a townhouse. Understand the value of location. There are apartments with winning amenities but are located in an inferior block but this doesn’t seem to affect its value. Do this same scenario to a townhouse and the value of the property become a lot less.

Another factor that brings the price down for townhouses is the kind of tenants. The best buys are those that have rent-stabilized tenants. The value is greatly discounted because of the rent-stabilized tenants. On the other hand, if you are seeking to renovate the whole building, then rent-regulated tenants won’t make that possible.

Hooker Furniture Living Room Montgomery Loveseat: Townhouses are perfect homes for a loveseat.

Hooker Furniture Living Room Montgomery Loveseat: Townhouses are perfect homes for a loveseat.

Loving History

Townhouses have an honorable history to offer. European royalty used to dwell in such habitats. Today, they still make sense because townhouses are shelters for single families who can live comfortably in an urban setting. Empty nesters who are also looking to downsize will find that townhouses are a wonderful alternative to condo or apartment living.

Townhouses aren’t for everyone, though so it is crucial that you do your research before you sign up.

Townhouse Living – The Benefits

  • Heating costs are likely to be reduced because only two sides of the structure are actually exposed.
  • With more townhouses being sold, it is now possible to ask for huge discounts. This means that you can have a larger floor space at a low price.
  • Townhouses do not occupy a large parcel of land so this is also the reason why it is less expensive.
  • Townhouses increase in value more than most condo units.

Townhouse Living – The Downside

  • Townhouses have smaller backyards which could mean giving up some of your gardening activities.
  • Townhouses are likelier to be disturbed by neighbor noise.
  • You might not have a say on what the outside part of your home would look like. The number of pets you bring in as well as the color of your garage are decisions that you might not make as a homeowner.
  • There is less natural light inside the home since only two sides of the structures are exposed and have windows.

Decorating the Awkward Spaces

Get the idea from the first Harry Potter movie – have a room constructed under the stairs. This could become a room where the coat rack will be placed or where the cleaning tools will be stored. That space above the radiator could be used as a place for your artwork, some practical hooks and flower vases.

The secret to small space decorating is to make use of every nook and cranny. Townhouse living could be a tad more difficult but it also has its perks that other homes can’t offer so you might as well embrace those.

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This entry was posted on Thursday, December 8th, 2016 at 9:15 am and is filed under Townhouse Living. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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