A great starter home for small families, a townhouse is a valuable real estate investment that has the ability to make homeowners want to tap their ruby red slippers together three times and declare, “There’s no place like home.” Here’s a few of the reasons why the Maryland realtors at The Team Edge think buying a townhouse can be an optimal property acquisition:
- Purchasing a townhouse is generally more economical than purchasing a traditional single-family home, which run higher in cost because the units share walls with another structure, effectively lowering construction costs.
- As opposed to owning a condo, with a townhouse, homebuyers own not only the unit itself, but also the land it rests on.
- Many townhouses belong to a Homeowners’ Association, meaning less responsibility on behalf of the homeowner to deal with exterior maintenance and repairs as well as potential access to extra amenities like pools, tennis courts, and playgrounds.
Of course, ultimately the decision to share walls with neighbors or live a detached lifestyle has a lot to do with budget, but potential homeowners shouldn’t think that living in a townhouse can’t be luxurious. Case in point: this property listing we renovated and sold last year in Baltimore City.
With polished, deep reddish brown hardwood floors throughout the main and second story, this property listing was bright and spacious, even if a rowhome. The kitchen boasted beautiful upgrades, with 42” cabinets and stainless steel EnergyStar appliances. With two two master bedrooms and a recreation room, this house had plenty of areas for both entertaining and private relaxation. It’s two newly finished bathrooms and extra storage space in the basement were the crowning features of this Baltimore townhome.
To see the full property listing, please visit the report online here.
The Team Edge Properties is a Maryland realtor collective dedicated to helping you buy and sell your house. Whether a first time homebuyer or an investor looking to add to your properties, we can tailor our offers to fit your custom needs. To learn more, visit our website here today!