Townhouse vs. Single-Family Home: 3 Factors to Consider

You know it’s time to move, the question is- where? For those either currently located in or soon-to-be located in DeBary, Florida, you have two fantastic options. Before you get further into your new home search, you need to decide whether you’re looking for a townhouse or a single-family home. Each option has great benefits that are certainly worth looking into. Here’s what you should consider:

#1 Cost

The cost of a home is more than just the asking price. What are the short-term and long-term costs associated with a certain home? Townhouses are generally less expensive to buy, meaning you can become a homeowner more easily, more affordably and maybe even sooner than you otherwise could if you’re saving up for a single-family home. You’ll likely have a lower mortgage and lower ongoing costs, too. This is because you’ll usually have lower maintenance expenses than you would on a single-family home. Not only is your property a bit smaller, but your community association will handle some important tasks for you, like mowing the grass and weeding the flowerbeds.

#2 Space

Single-family homes are typically larger than townhomes. You’ll likely have more square footage, more bedrooms, and more space to run around. You’d be hard pressed to find a townhouse with four bedrooms or three bedrooms and a home office. Townhomes are usually on the smaller side, and there are often limitations to what is really “yours.” For example, your back yard is a shared communal space with other families. You can’t install a fence and let your dog run around without a leash or put up a swingset for your kids. This brings us to our next point…

#3 Privacy

One of the reasons that a townhouse is often priced lower is because you’re so close to other neighbors. In fact, you’re sharing a wall with them! If you’re someone who values your peace, quiet, and privacy, this may not be a good fit for you. You may be able to hear their music, parties, talking, vacuuming, or baby crying. While a luxury townhome is nothing like living in a loud apartment complex, the truth is that people living close to one another can often hear each other, even if they’re both being polite and considerate.

What is the right fit for your home purchase? There’s no right or wrong choice when it comes to buying a home. It depends on many personal factors, which includes your budget, your need for privacy, how much space your family requires, and your desire to do home maintenance. We encourage you to seriously consider both a luxury townhouse and single-family home for your next house. Because both living options are found within Rivington, you can make the choice that is perfect for you and enjoy everything our neighborhood has to offer!