Condos, townhomes and patio homes are a great option for someone looking for an affordable home, those looking to downsize, or an empty-nester who plans on frequent travel. Buying a smaller home requires less maintenance and expenses which can free up your time and resources. Here are the advantages and drawbacks to each type of property from our Littleton Real Estate Agent.
Condos in Littleton
Condominiums are much like apartments, where other units may be above, below, or to either side of you. A condo owner owns the walls and the space inside those walls and has no land rights nor airspace rights above the unit. Parking is typically not attached to the property but a reserved space or detached garage is assigned to the unit. In a condo there is a lack of storage space, so it is important that you make sure your furniture fits before you buy. Condo owners must abide by the HOA guidelines, which may restrict what you put in the window or hang off the balcony. Typically, you will share multiple walls with neighbors so you have to be considerate of them and hope that they show you the same respect by not playing loud music in the middle of the night. Pet owners should consider whether a condo is a suitable home for their furred and feathered friends. Read the HOA’s rules as many condos have limits on how many pets, what type and what sizes are allowed. The advantages of buying a condo in Littleton CO are that you will not have to mow a lawn or take care of exterior maintenance. In Littleton, the typical condo community offers a nice swimming pool and fitness facility. In a complex with a pool and gym, it’s like having a gym membership included. Most condo complexes have some level of security. Controlled access makes it easier to lock your condo and take off for that two-month vacation you’ve been dreaming of. Condos are also the most affordable option of homes in Littleton.
Townhomes in Littleton
In a townhome, the owner typically owns the ground beneath the home and the airspace above the home. In essence, no one has the right to build above or below your unit, unlike the rights to a condo. Although most people consider a townhouse to be two or more stories, that is not always the case. Townhomes typically share common walls to either side with other units but never above or below. You still have to worry about neighbors, but not as many as a condo. Parking may be attached to the unit or it may be assigned somewhere on the property. HOA guidelines regulate what you can and cannot do in a townhome, so you will also want to make sure there are no HOA rules that you can’t abide by. Pet owners should also make sure they allow furry friends. Townhomes in Littleton offer many of the advantages of condos for example you will typically have a small backyard. The small yard is one reason pet owners prefer a townhome over a condo. Desert landscaping or using pavers instead of grass works great for low maintenance backyards. Townhomes are generally large in size so there are more storage options. The HOA may or may not provide exterior maintenance such as roof, exterior paint, and front landscaping so read the HOA docs before buying. Like a condo, many townhome complexes in Littleton CO will a community pool and fitness facility.
Patio Homes in Littleton
Patio homes are detached, freestanding units but typically very close together. They are also referred to as garden homes, lock & leave, and detached townhomes. Parking is usually a part of the unit itself and most will include an attached garage. Most patio homes are part of a homeowner’s association so all rules and regulations must be abided by including the quantity of pets you own. Parking an RV, boat or other recreational vehicle on the premises isn’t allowed in most of the HOAs. They are also the costliest out of all the options, but also the most like a single family home. On a positive note, patio homes offer privacy and usually an adequate amount of storage space. Patio homes can range in size from just a few square feet, to sprawling floor plans. Most have a small front and backyard space just like a typical home so you won’t feel as claustrophobic as in a condo space. Usually the maintenance such as your yard and exterior cleaning are covered in the HOA dues, which makes it perfect for a those who like to go on long vacations.