Based on my experience selling both town homes and SFH, I have seen the SFH retain more value upon resale, sell in a shorter time frame and SFH are in more demand than townhomes.
With rates so low and are expected to remain historically low for some time, buyers are taking this opportunity to purchase SFH. I would expect to see this continue for the time period you are looking to possibly resale.
Several of my townhome sellers have not been able to re-sell their dwelling for what they had hoped for since there is not a demand for townhomes. They also average a lot longer on the market to sell and this can be very frustrating.
Based on my professional opinion, I would guide you to purchase a SFH rather than a townhome, especially if you are not sure how long your tenure in this area will last.
As a property manager, my SFH homes rent much faster than my town homes, even if the townhomes are completely updated (wood, granite, etc.)
School districts do play a big role when leasing a home. I have many clients that ask for a specific school district and many seeking a specific school.
I hope this helps you. Please feel free to email me if you have further questions or if I can assist you in this process. Please visit my website to learn more about me as a Realtor.
Ebby Halliday Realtors
Mobile Site: m.sherryrenfroe.com
Above all of these items, you may also know that staying in a home (regardless of the type of home) for 3-5 years is usually sufficient to begin building some equity. Of course, the longer you remain the owner of a property the more equity that you will have.
If you would like to see a list of potential properties available (townhomes and/or single family homes), please let me know. I would be happy to send you some examples of homes availalble that meet your needs.
Have a great day!
Melissa Hailey - North Texas Top Team, Realtors
Coldwell Banker Jane Henry Realtors
did you buy your home Town home !!
Call me if you need help
Keller Williams Realty
3600 preston Rd ste 100
Plano TX 75093
answer to your questions
1- there are limited town homes in the area special Frisco ,Allen
there are more in plano
2- no town homes do not appreciate as much as home does
3- School district are same for home - town home or apartment
your kids goes to school which you were you live
if you need more advise please contact me at 469-252-4661
or my website of http://www.johnhamidi.kwrealty.com
I will be happy to help you out
My name is Peter Valletutti.
I'm a realtor & mortgage consultant 25+ years here in N. Texas.
Townhomes usually have HOA dues. Resale can be more differcult for townhomes.
You can find SFH subdivisions that have no HOAs But, probably better area with one.
Families, prefer a SFHs over townhomes and appreciation is better with SFHs.
Schools districts & particular schools within districts, are very important to most families.
Townhomes do appreciate, but at a slower pace.
My forte',.. negotiating price & smooth & successful closings.
I know construction, & valuate property as well as an appraiser or better.
We'll satisfy your real estate search in your best interest & future equity capture
To your best,
Peter J. Valletutti
School districts almost always matter, either way.
We really need to sit down and discuss your plans further to advise you better.
There are a couple of major factors I can say here though.
#1...there really aren't many townhome communities to choose from in Frisco, Plano, Allen.
#2...normally TH and condo don't work well for rentals....there are exceptions, especially in these areas, where low cost housing are in high demand.
Just let us know if you would like to discuss further.
Happy to represent you in the search.
Contact my office today where I can show you many amazing homes work with your family specifications.
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
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It all depends on your lifestyle. However, having said that, most people prefer SFH than townhomes, for sale or for rent. Also from my past experience SFH retains their value more than townhomes.
I would recommend moving into an area with good schools since most people who are moving to Plano-Frisco-Allen area are families with kids and they will look for good schools.
I hope that helps. If you are not currently working with a realtor then I'd be happy to assist you.
Susie Kay, RealtorÂ®
GRI, CHMS, SFR
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
Servicing your real estate need is my priority!
Thanks for your questions:) The process to lease a home in the Plano Frisco Allen area is basically the same process regardless of whether it is a SFH or townhouse/condo. As far as property appreciation, it is best to evaluate your location and other factor before making an assessment as to the appreciation potential. Plano, Frisco and Allen all boast great school districts. Also school districts are a lot of the time very important to the families looking to buy either SFHs or Townhomes. There are great family oriented townhome communities as well as SFH neighborhoods in all three cities. I'm sure you will find the perfect fit for your family. Are you working with a Realtor? We can help facilitate the process at no cost to you on the buying side. I would be happy and honored to assist you in your search. Have a great day!
LaDonna Hooker, REALTOR
If you are going to be in Texas for 3-5 years before truly committing to the area, Iâ€™d suggest buying a single family home, you can get a lot for your money in your price range (compared to other top 10 cities in the nation). If you decide to leave it will be easier to sell. If you decide to stay keeping it as a rental it will be easier to rent than a TH. We are after all in Texas where the preferred lifestyle choice is a single family home. Iâ€™d love to assist you and your family in your home search. Please call if you have additional questions. Thanks, Susanne Anson, Ebby Halliday Realtors-Coit. 972.697.3106.