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Property AlertsBe the first to see new properties for sale in CenturionWhat are the disadvantages of owning a townhouse?Cons of townhouse living include less square footage, less freedom about your home's appearance, and less privacy.
What is difference between townhouse and townhome?A townhouse (also known as a townhome) refers to a type of architecture. It's a multilevel home that shares walls with other homes on one or both sides. If you own your townhouse, you own the interior, exterior and land on which the home sits.
Is it good to buy townhouse for investment?Strong rental yields
It varies market-to-market, but a well-built townhouse in a good location usually sees stronger rental yields than houses in the same area. For investors seeking cash flow for their property portfolio, townhouses can be an appealing option when compared to a free-standing house.
Why do people buy townhouse?Due to the smaller lot size, townhome residents pay lower property taxes than those in conventional homes. Homeowners association fees also tend to be lower when compared to condos. Owning a townhome is the same as owning a single-detached house. You can either finance the house or pay upfront in cash.
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