I work with many 1st time buyers and each of them has different wants and needs. I usually suggest to my buyers who are just getting into the market and have no children that a Townhouse/Condo may be the way to go. It gives you more free time to go out and enjoy your life whether it is dining, dancing, walk in the park or a trip to the beach. Owning a house does take up more of your time. You can of course hire someone to do the work for you on the house but you still have to deal with finding a painter, landscaper, snow plow, etc. I sold close to 30 homes this past year in the Danbury area most of them 1st time buyers and I would say, by a slight margin, Townhouses/Condos were the winner.
I'd be more than happy to give you more information on the pros & cons just give me a call.
In a townhouse, you will pay a common charge for exterior maintenance, insurance, garbage pickup, sometimes water and sewer charges, and management of these services. If you own your own single family home, you can choose which jobs you do and which you hire out. In the end, the costs are not significantly different.
You have your own yard and the privacy it might provide in a single family home. In a townhouse you have less privacy, but you may have a pool, tennis courts, clubhouse and exercise facility available.
There are many personal preferences for you to consider. Contact me and I can show you some comparisons of proeprties that might help you as you make your decision.
Warren Schutt - RE/MAX Unlimited Real Estate 203-733-1323 email@example.com
Be sure to weigh in common charges, taxes and have a look at the financial statement of the complex ahead of time to be sure lenders will lend and at what percentage down.
If you'd like any specific information - give me a call or write -
203-300-2332 - firstname.lastname@example.org
Wm. Pitt Sotheby's Int'l. Realty
112 Federal Road
Danbury, CT 06811