If you are looking to
invest in St George Utah real estate; give a thought to buying a Town home. Town homes, like condos, are common interest
developments. However, the neighbors not
only share the street name, but their properties are also entwined. They are most commonly referred to as row
houses as they share a common wall and in some cases, they also share a stretch
of rooftop with adjacent properties.
However, prior to buying
one, here are the five things you should consider
Understanding your
rights to rebuild and refurnish
For buying a St George,
Utah Town home, you get typically bound by some basic agreement. As per the agreement, you cannot rebuild it
into a detached house. However, the owner of the adjacent property also has
some rights where it is concerned to demolition, which would damage the
integrity of their own portion of the wall.
However, the owners are
just obliged to care for the upkeep of the exterior of the property, whereas,
the property maintenance is usually covered by association fees.
Get to know covenants,
conditions and restrictions
It is CC& R that
specifies who can live with you, whether you can have pets or not, what are
your obligations or other aspects of your day-to-day routine. They also prevent
neighborhood annoyances. They keep your hoes from blocking your parking space,
digging a hole that also encroaches on your patch of yard. So, read the CC&
R document carefully before signing on the dotted line.
Role of Homeowner’s
Association
HOAs controls and
regulates communal areas, like a garden, parking space or a recreation center.
They also look after dues and fees. So, therefore, it is important to figure
out any add-on cost you have to pay to live in your intended property. It is
because sometimes the fees are hefty and you do not feel like paying for
something you do not approve of. So if such
extra charges add to your burden then you might want to consider another set of
communities.
What is privacy like?
In a Townhome, you have
neighbors on either side. But you would not want a college band to practice
with their instruments in the middle of the night. So, therefore, figure out
how easily noise travels through one house to another. Talk to your potential neighbors and inquire
how well the residencies are soundproofed and how are the people living around?
Do they create a lot of nuisance? Is there any transportation sound issue in
the area?
For instance, if you
have a toddler, you would not prefer living in a community that is loud.
Natural ambience
Usually end units often
have a little more outdoor space like an elbow room in the yard or added patio.
So if you do not want to get sandwiched between two others, then buying the end
unit makes sense. A nicely landscaped
community is always a plus. You can
always enjoy the view sitting in your yard.
Most of these houses
have windows only in the front and back and not on the sides, so you can always
enjoy the sky overhead.
Insurance
HOA takes care of a
portion of your insurance. So it’s important to ask what the policies are and
what you will need to do to insure in case the worst happen. You have to make sure your property and stuff
is covered in case some awful occurs. Consult an insurance agency to find out
the specifics of your policy.
For more information on
St George, Utah Town homes, get in touch with Southern Utah Realty. We will be
happy to help you.
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