When you make the decision to buy your own home there are several types of homes to consider. The type of home you decide to live in is based solely on your likes and availability. You could live in a condominium, townhouse, row house, duplex or single-family home.
A condominium can be part of an association with many amenities or a single building. A large condominium complex often includes walking or running trails, an indoor and/or outdoor pool, a fitness center and a recreational space that can be rented. This type of living comes with a monthly association due. All outside unit maintenance is performed by the HOA (home owners association). Residents do not need to worry about the upkeep of any of the grounds or the amenities offered. The assessment fee also covers repairs of the buildings which include doors, windows, roofs, and siding, carpet and laundry areas.
A townhouse association is very similar to a condominium association. The only difference is the size of the unit purchased. Townhouses are larger than condos and many provide more green space that include a bit of yard space and grilling areas. Townhouses also come with garages. The green areas are shared so swing sets and pools are not permitted to private owners.
Row houses and duplexes are basically attached single family homes. These units are individual units that share common walls. The home owner is accountable for their own lawn upkeep. Home owners can fence in their yards and plant what they would like.
Single family homes are stand-alone housing structures. These do not share common walls with other units. Single family homes can be found in established neighborhoods, cities and new build home owners associations all across the country. In North Carolina real estate: find homes for sale by reaching out to a local realtor or builder. This is true for any city across the United States.
Once you have decided upon the type of home you want to reside in then you can decide on the age of the home. You can purchase a already built home that was previously lived in or you can purchase a new construction home. There are benefits to both of these types of homes. When you buy an existing home, you are also buying any repairs it may need. You will have a home inspector do a walk through and alert you to any things in the house that may need to be fixed. These necessary repairs can become bargaining points when you are negotiating the cost of the home. In some cases, the seller will do certain cosmetic changes to make the house desirable to anyone who views it. In other situations, the house is completely personalized to the seller and the buyer will have quite a bit of work ahead of them to customize the house to their liking.
When you buy a new build home you are in control of the design. The builder will meet with you and work out a floor plan that meets your needs. You will decide on everything from paint color to appliances. The benefit of buying a new construction home is being able to personalize it to your style. No matter what type of home you purchase you will still end up feeling a sense of accomplishment when you are handed the keys to your very own home.