Should Your Clients Consider a Townhome?

This was the topic of a very personal story on Housing Wire written by a Millennial who had recently purchased a single family home in desperate need of remodeling who watched a friend of hers buy a townhouse instead.

“They ended up closing on a townhome, and while this wasn’t their original plan, the perks became immediately apparent, especially to me, their newly jealous homeowner friend. Unlike the houses they were looking at, the townhome is new and has updates that they would have had to break their backs for in the houses they were originally looking at. (I say this as I’m eyeball-deep in kitchen renovations.) Plus, they don’t have to worry about lawn maintenance. Let me say that again: They don’t have to worry about lawn maintenance.”

A townhome is a great option for many homebuyers I believe and should be seriously considered by more homebuyers. Plus, I believe we will see townhome prices appreciate faster over the next few years then detached homes.