A townhome can be a convenient way to enjoy living in a popular neighborhood, but townhome living isn’t for everyone. You may need to do a little research to make sure a townhome is right for you. Before you decide to purchase a townhome, remember to ask yourself the following eight questions.
1. Do I Care About Amenities?
Some townhomes are in communities that provide great amenities such as gyms, clubhouses, and pools. If you want these sorts of facilities, it’s a good idea to live in a townhome that provides them. However, if you don’t need them, you may end up paying extra for amenities you don’t use.
2. Will I Need Parking?
Make sure to look into parking options before you settle on a townhome. If you have a vehicle, it’s important to find a townhome complex with a garage or parking area. Otherwise, you might find that each day is a struggle to find street parking.
3. How Much Privacy Do I Want?
When you live in a townhome, you’re a bit closer to your neighbors than in typical suburban settings. If you love privacy, you can still find a townhome, but it may take a little extra time to find one with a private patio, extra soundproofing, or an isolated balcony.
4. Am I Prepared to Buy More Insurance?
Since townhomes are all so closely connected, you need to remember your insurance works differently. Check with the manager of the complex to see if they provide insurance for the entire complex or if you need to get a separate policy.
5. Will I Be All Right with Townhome Board Interactions?
Most Irvine townhomes are run by an HOA or regulatory board. Ask if you can sit in on a meeting and look at the rules before you settle on a townhome. You don’t want a property that’s governed by an overly strict or invasive HOA.
6. Do I Love the Neighborhood?
The whole reason to purchase a townhome is typically because you like a neighborhood and there isn’t enough space for stand-alone homes. Therefore, you should make sure you like the location and ambience around the townhome before purchasing.
7. Am I Prepared to Follow the Rules for the Townhome Owners?
Most townhome complexes have restrictions all homeowners have to agree to follow before they purchase. Take a look at these carefully. They may specify how you have to maintain the home, whether you can have pets, what hours you can make noise, or your obligations in case of pest infestations.
8. Can I Handle the Extra Fees?
Townhomes tend to cost more than just the base price of the property. You might need to pay for background checks for the board, HOA fees, or annual maintenance fees. You should only get a townhome if you can budget for the additional fees.
If you’re not sure whether a townhome is right for you, take the time to seek advice from Irvine real estate agents who have experience with every type of housing for sale. The friendly agents at Irvine Residential Living can help you with every aspect of buying and selling real estate in Irvine. Call us today at 714-454-6304.