It depends. Before you go shopping for your first home, you should sit down and answer a few questions as honestly as you can. Do you have a need for a private yard? Some people have children and want a private play area; yet others own pets, dogs and cats, and want a fenced-in yard for them. Yet other folks enjoy working outside, gardening or planting flowers and shrubs for their personal enjoyment.
Do you like doing fix-up projects or redecorating? Do you have a busy job that prevents you from spending a lot of time at home? Do you need absolute quiet in the evening? Do you entertain a lot? Do you have children or do you have relatives or friends who will share your new home with you?
As you can see, these questions are all about your life style. The home you purchase should complement that style. If you’re noisy, townhome life may not be for you. If you garden or have pets, you won’t be able to control the outside of your home as well as you could if you owned your own lot and a single family home. If you travel a lot and are too beat when you come home to mow grass and shovel snow, you’ll love townhome living which is more carefree.
For more detailed information, come to our FREE NO OBLIGATION FIRST TIME HOMEBUYER class or wait for future blogs. “Simple answers to home ownership questions”.