Last updated on April 22nd, 2022 at 12:59 am
Whether you’re buying your first property or downsizing from an existing home, you’re likely to face the decision of what style of housing to purchase.
Ultimately, the dwelling you settle on will determine the lifestyle you enjoy for years to come. When you understand the benefits between townhouses and free-standing homes, you can make a more informed decision about what’s right for you.
What is it that you want from your property? Is it expansive outdoor spaces to enjoy the sunshine? Or, maybe you’re happy with any space providing it complements your minimalist attitude? You might even have strong opinions about neighbours and how likely you are to hear them as you potter around your abode.
Deciding whether you want to live in a townhouse or free-standing home is going to be helped along by spending some time evaluating your current lifestyle, and the one you’re hoping to have with the big move. This will give you a better understanding of the best type of dwelling to facilitate that. Before looking at the pros and cons of townhouses and free-standing homes, consider what’s important to you first.
When considering how you want your forever home to look and feel, it’s important to understand the key differences between a free townhouse and a free-standing home. A free townhouse is a free-standing, self-contained property that belongs to a complex of several or more residences. This free-standing townhouse belongs to the homeowner whereas the land is shared amongst the other property owners who also purchased townhouses within the same complex. This type of home typically includes an alfresco area as well as a garage or carport.
Alternatively, a free-standing home is a stand-alone property, including the land and any other structures within the boundaries of the lot. This entire property is owned by the homeowner, and land sizes vary based on location.
First of all, it’s important to note that what you might see as a pro someone else could see as a con. What you will want from your home is going to be particular to you and your family. The associated prices and costs of building a townhouse versus a free-standing home is going to be something that you grapple with over the course of discovering for yourself what your preferences truly are.
To help you find your way to deciding between a townhouse or free-standing home, there are a few key questions you should consider. We’ve framed a few of those questions up here:
Although it might seem painful to delay your purchase, giving yourself the time to carefully consider what you want, and whether a townhouse or free-standing home is the best way to achieve it, is going to come with the reward of long-term satisfaction. If you’re still needing a little guidance, you can always talk to the team at Achieve Homes. We build both types of property, which means we know the pros and cons inside out!