They say home is where the heart is, so it’s important to consider all the details before you make your home-buying decision. Townhome living may be the perfect choice for those interested in homeownership with resort-style amenities, safe and secure neighborhoods, and minimal maintenance responsibilities.
If you’re trying to decide between buying a condo or a townhouse, there are many things to consider. Here are some of the biggest benefits of buying a Beacon Lake townhouse over a condo.
Sometimes known as row houses, townhouses are a style of single-family homes that share only one or two walls with other neighbors. Townhouses typically have at least two floors and more square footage than condos. Townhouses may also include garages, patios, and small yards.
Since you aren’t paying for much of a lot, townhouses tend to be more affordable than detached single-family homes, helping you get more for your money inside the home. With no upstairs or downstairs neighbors, there is less chance of having noise problems than there is with a condo.
Some townhome communities, such as Beacon Lake, also offer amazing amenities like:
Also known as a condominium, a condo is a residential or housing complex that has separate units, each owned by an individual. A condo typically only takes up a single floor and may have units above or below it. Condo owners are only responsible for what happens within their individual units.
One of the downsides of condos is the potential for noise. If you have neighbors above your unit, you may be able to hear them walking or blaring their music at any hour. If you have neighbors below you, they could complain about your noise level. This is all in addition to potential noise from next-door neighbors.
Condos also tend to have less square footage than townhomes, no individual yards, and no garage space.
There are more differences than you might expect between condos and townhouses. Here are some of the biggest differences.
With neighbors on only one or two sides of your home and a personal exterior entrance, townhouses provide more privacy than condos. In a condo, you may have a common entrance and many more direct neighbors. With more neighbors comes the possibility of more conflicts.
While you might find large condos, townhomes tend to be larger than condos, giving your family more space.
With a condo, you only own the interior of the unit. With a townhouse, you also own the exterior of your unit and may be able to make certain changes to the outside of your unit. At Beacon Lake, some exterior changes must be approved by the Architectural Review Board, and a few changes are forbidden to help maintain the uniform appearance of the community.
A home is an investment, and condos generally appreciate slower than townhouses, so it may be easier to make money on your investment with a townhouse.
Here are a few advantages to consider before purchasing your next home:
A major benefit to living within a community development district is the amenities and common areas are maintained by the CDO and homeowner’s association. Beacon Lake’s Lake House Amenity and Fitness Center will be situated on 43-acre Beacon Lake’s western shore – providing opportunities for indoor and outdoor fun (and relaxation!) for the whole family.
Some of the amenities will include:
When living in a townhome community, neighbors tend to get to know each other and feel a sense of protectiveness over each other. With community lighting and limited entrance options, safety is a high priority. Beacon Lake Phase 1 features four distinct neighborhoods surrounded by nature preserve – most with no backyard neighbors!
Each home has its own private entry. There is no need to share an elevator with others to enter your home – just pull into your driveway or garage and your welcome mat is there waiting for you.
Beacon Lake is a one-of-a-kind community combining a homey-neighborhood feel with today’s most sought-after lifestyle amenities. For more information on our townhomes built by award-winning builder, Dream Finders Homes, check out the Beacon Lake website to learn more about our townhomes, and join our VIP list.