Your search results

How a Single Family Detached Home May be Better than a Multi-Family Home

Posted by Sellect Realty on April 1, 2017
| 0

How Single Family Detached Home is Better than an Attached Home

Are you looking to purchase a home but cannot decide what type to buy? Commonly, there are two main choices which include the “single family detached” home and two types of “attached” homes. Here is our take on why the single family detached home may be a better choice than an attached home.

Single family detached homes:

The first advantage of purchasing a single family detached home is that their appreciation value may be higher than attached homes, depending on various circumstances. The increase in property value is the biggest reason we think that the single family detached home may be a better choice than an attached home.

In addition, many single family detached homes have neighborhood pools, tennis courts, a yard, and additional room for storage.

The added privacy of a single family detached home is a must for some people who are not able to handle living so close to neighbors. This is an attractive point to potential buyers/tenants if a decision is made to sell or rent the home in the future.

However, there are also a few disadvantages in purchasing a single family detached property. One such disadvantage is that most, or all of the routine maintenance costs, as well as unforeseen repairs, are the responsibility of the property owner. Another disadvantage in purchasing a detached home is that the overall purchase price may be considerably higher.

Attached homes:

Nevertheless, it wouldn’t be fair to completely ignore the advantages of a multifamily, or single family attached home. These homes are an increasingly common choice among real estate buyers. A wonderful advantage in the attached home is that the overall purchase price may be considerably lower than that of a detached home. The lower purchase price may help in a greater gain if purchased as an investment property.

Attached homes commonly include a swim and tennis facility, as well as maintenance of the yard included in a monthly fee. These factors may make your property very appealing to potential renters if you choose to lease the property. Yet, the required monthly fee can be a high amount, and this needs to be taken into consideration in addition to your monthly mortgage payment.

Whether you are looking for beautiful single family homes, multifamily homes, residential attached or detached properties, Sellect Realty is your contact. They are a well-renowned realty agency, and their listings have the most alluring homes in Georgia. You can find your dream home right here!

Leave a Reply

Your email address will not be published.