Four Benefits Of Single-Family Properties

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Four Benefits Of Single-Family Properties

If you are in the market for a new home, it is important to understand what you are looking at and considering investing in. Single-family properties are the most common type of home for families, and there are a few key components that set this type of residence apart from others. Here are some key features in single-family property listings.

No Shared Walls

In an apartment or duplex, the home shares walls with another person's living spaces. In single-family properties, it is 100% your own location. This provides a lot more safety, security, and privacy for homeowners as you are not close to other residents. The apartment or duplex set-up for a home also shares a roof, but in a single-family property listing, you can count on a home for just your family. 

Private Entrance

At single-family properties, people have access to their homes that they do not have to share with other families. Apartment buildings or duplexes often have parking lots or parking garages for tenants to use freely. This is convenient, but it is not private like in single-family property listings. Single-family homes usually have a garage space for you to park your car in to protect it from the weather and keep it secure overnight or while you are not using it. 

Land

Single-family property listings often have a land allotment that is shown in the listing. That means that you are purchasing your own land that you can use in whatever way you wish. You are free to landscape freely as well as install a swimming pool or swing set in the back yard. Apartment owners do not have any land to their name and cannot build or install landscape as they wish. People who want a garden should consider single-family properties for their next home buying experience.

Utilities

Single-family homeowners cannot share heating, electric, air conditioning, or water services with another property. That means that at the end of the month, you are responsible for paying your own utility bills and you will not be charged for other people's usage. Single-family property listings will inform potential buyers if the home has city services or if they use other means for electricity and water needs. Due to it being listed as a single-family home, you are sometimes prohibited from having another family permanently reside in the same house as you. 

To get help looking for a single-family property, contact a real estate agent, such as Vickie Gallimore: RE/MAX Central Realty.



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In Real Estate, It Pays to Have a Plan Real estate purchases are big purchases. You may pay several hundred thousand dollars, or even more, for a property. As such, there's not a lot of room for error. If you buy a house that needs a lot of unexpected work or end up in over your head when it comes to the mortgage, your dream home can quickly turn into a nightmare house. We want to help you avoid scenarios like that, which is why we share so much information about real estate on this blog. Our readers emerge more informed on a wide array of topics, from buying to closing.

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