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There are differences between buying a single-family home and a townhome or condo. Use these four secrets to make sure you make the right decision for you and your family.
People like townhome living for a number of reasons. Some people enjoy the sense of community in a multi-family neighborhood. Some people are looking for low-maintenance living. Regardless of your reasons to purchase a townhome or condo, one thing you need to recognize is that these types of homes don’t appreciate as quickly as single-family homes.
Therefore, if you’re planning on a long-term stay in your townhome or condo, the rate of appreciation isn’t as critical. But, if you’re a young couple or family looking to move to a single-family home in the near future, make your plans with a realistic idea of how much your home will appreciate over time.
If you’re new to retirement and downsizing to a townhome or condo, recognize that unless you are familiar with community living, you may not stay in a townhome or condo as long as you originally planned.
Consider your long-term plans and how community living will fit.
What’s the difference between a townhome and a condominium? In general, you’ll most often see a townhome defined as a row of single units that share a wall on either side except for the end units. Generally, you’ll see a multi-story building with separate homes on separate floors called a condominium or condo.
It’s important to know that these terms are also used to describe the type of ownership. There are several types of ownership, but these are the most common:
When you’re looking at townhomes and condos, keep in mind that the ownership of a building that looks like a 2-story townhome could fall into the condo ownership category. Make sure you know the type of ownership that’s in any community you visit.
Besides ownership type, there are other facts you need to know about a townhome or condo that are different from the questions you ask when buying a single-family home.
Make sure you have all the information you need about a specific community in order to make an informed decision.
An experienced agent will be able to help you gather the information you need and avoid any potential pitfalls.
The members of Teri’s Real Estate Team are experienced professionals who know the local single-family, townhome and condo markets extremely well. If you’re planning a move, call us at 954-242-8030 or send an email for friendly and skillful representation.
Cooper City Townhomes and Condos
Coral Springs Townhomes and Condos
Pembroke Pines Townhomes and Condos
Pembroke Pines New Construction: Townhomes at Raintree
Plantation Townhomes and Condos
Does this sound like your new home wish list: a family-friendly exclusive gated community with a waterfront lifestyle? If so, you need to look at Imagination Farms Davie FL homes for sale.
Imagination Farms is a good name for this community. When you look at the elegant exterior designs and luxurious interior finishes, you’ll find homes that capture your imagination.
Pasadena Homes developed the neighborhood between 1999 and 2002. The homes range in size from approximately 3,000-5,000 square feet. Many of the homes are completely updated with the latest finishes and amenities. You’ll also find homes with custom swimming pools, and/or backyards ready for outdoor entertaining with outdoor kitchens.
For your convenience, the gate is manned 24/7 and there is an automated application that you can use to manage access to the neighborhood. You can provide a list of approved visitors online. When people come to visit who are on that list, they’ll have no problem gaining access to the neighborhood. A text message will advise you when your visitors have checked in. The system makes the neighborhood very secure without overly burdening you or your guests.
From Imagination Farms, it’s roughly 20 miles to the lights of the big city and all the amenities that Fort Lauderdale has to offer. Depending on traffic, you can be having dinner at one of Fort Lauderdale’s famous restaurants in about a half hour.
In addition, Fort Lauderdale is known for its pristine beaches, arts and entertainment, and a variety of special events throughout the year. You can visit a variety of museums, attend a performance at the Broward Center for the Performing Arts or cruise the Everglades on a guided airboat ride.
Closer to home, you have access to all the wonders in Broward County. Davie, Florida is home to the Buehler Planetarium and Observatory, and Flamingo Gardens. There are restaurants for every taste and style nearby. In addition, you’ll find an excellent variety of shopping options.
For outdoor fun, you couldn’t find any place better than the Davie area. Vista View Park is just a stone’s throw from Imagination Farms. Over 270 acres of rolling hills and lush greenery provide a venue for a variety of outdoor activities.
Davie is also known for its equestrian lifestyle. Horse trails wind throughout the area. If you don’t keep your horses at home, you’re in close proximity to boarding stables. Vista View Park even has a corral where your equine companions can rest while you enjoy a picnic with family and friends.
If you need educational opportunities for you or your family members, you’ll have easy access to outstanding K-12 public and private schools, and a variety of colleges and universities such as Nova Southeastern University.
We think you’ll love living in the Davie area. As local experts, we can ensure that you see the Imagination Farms Davie FL homes for sale that will fit your lifestyle. And, if you discover that Imagination Farms isn’t the place for you, we can put our Davie area real estate market knowledge to work to help you find a perfect fit in one of the other outstanding Broward County neighborhoods.
Put your home search into high gear and you’ll be settled in your new home before the holidays. Call us at 954-242-8030 or send an email to get started today.
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