David Bruce

May 4th, 2009

Buying A Richmond Area Townhouse

For those who feel a single-family house too big or takes to much effort to maintain, buying a townhouse can be a perfect solution. Here are a few things to keep in mind that will help you with your purchase of a Richmond area townhouse.

A townhouse is part of a building with attached neighbors, but the neighbors are only beside the unit, not above or below. Also, a townhouse often includes a small deck or backyard space.

Check out the homeowners’ association of any townhouse that you are interested in purchasing. Ask to see the previous month’s minutes so that you can see what issues were brought up. This can give you insight in to what issues are considered important in the townhouse community. When buying a townhouse, also remember to find out how much the homeowner’s dues are and what comes with paying that fee.

It is important to consider the amenities which are important to you when buying a townhouse. Many Richmond area townhouse communities have almost a resort feel. Find a townhouse with exactly the amenities that you want. If you want a swimming pool, find one that has that. If you want a workout facility, look for a townhouse that has one. Realize that you pay for these amenities through your homeowner’s dues.

There are many advantages in buying a townhouse. Townhouses may have more security due to the proximity of your neighbors, but this also means less privacy. There should be fewer repairs and maintenance for you to be responsible for, although you will pay for any repairs through your homeowner’s dues. By knowing what you want, you can find buying a townhouse to be a great experience.

Now is also a great time to buy a townhouse in the Richmond area.  There are currently more than 1100 townhouse/condo units on the market, so inventory levels are high which makes it a buyer’s market.  In addition interest rates are still at all time lows and for first time homebuyers there is an $8000 tax credit.

Ready to start looking for a Richmond area townhouse?  Skye Bruce Properties, the Official REALTORS and Buyer’s Agents of RichmondHomeShopper.com can help.  They are experts in helping buyers find that perfect townhouse!  Contact Skye Bruce Properties today!

This entry was posted on Monday, May 4th, 2009 at 4:02 pm and is filed under Buying A Home. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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