0
The answer depends on your life goals and style. But, in general, a 3 bedroom, 2 bath will be easier to resell.
Single? Middle-aged and childless? Retiring and traveling? For a place to live, close to jobs, family, and entertainment venues, a small, well-located condo may be the best answer. The advantages are ease--fewer unexpected maintenance expenses, less yardwork, usually access to recreation facilities and lower cost of ownership than a single family house in the same area.
Raising kids? Breeding dogs? Repairing cars? Enjoy gardening, nude swimming, loud music/Home Theater? Better buy a house, even though you'll have to spend more, or have less space, or a less desireable neighborhood, or a long commute. You'll have more personal freedom and privacy, though the neighbors will, too, so be sure you're the tolerant type.
Also, consider the HOA situation for the type of home you choose. Depending on the amenities of the subdivision, you may have higher costs beyond the cost of the home as well as committee oversight of any changes you may want to make to the exterior of your home.
I would suggest to look out for single family home, where you can live, move, eat and speak independently.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Where can one find information on multi family home loans?
The FHA has good resources regarding what is required regarding both single and multi-family housing for their own loan program. It's a good place to start since the terminology will be the same everywhere.
Is a single family home worth more than a duplex?
a duplex in the right neighborhood is worth more than a smae sized single family dwelling. Why? becuase it generates income, the rental side can be depreciated, and repairs can be "written off as expenses against the income the rental side generates...
What is the average lot size for a single family home in Canada?
Are the all Canadians so ignorant ?? do you know how long we have a metric system ?? Go back to school you idiots
What best explains why buying a single-family home in a city is a good investment?
Housing prices in cities generally increase more quickly than anywhere else.
What is the cost of a home appraisal?
Appraisal cost answerIf it's a single family residential home in California or most other states it should average around $350 to $400. If the home is more than a million dollars than the cost may increase.
Define single family and multi family home?
single family home wife husband and kid
Is it better to have a townhouse or a single family home?
Most people prefer to live in a single family home. Single family homes also have better resale value.
Is a single family home with detached guest unit considered multi family?
No. A multi-family dwelling is comprised of multiple units in the same building intended to be occupied by separate family units. Someone who owned a unit comprised of 6 rented apartments would own a multi-family dwelling. The example you gave would still be an SFR (single family residence)
Nuclear family encourages better values in the home than the single parent family?
yes it does
Where can one find information on multi family home loans?
The FHA has good resources regarding what is required regarding both single and multi-family housing for their own loan program. It's a good place to start since the terminology will be the same everywhere.
What is the average number of bedrooms in a single family home?
There are about three bedrooms in a single family home.
Does FHA consider a condo a single family home?
No, FHA considers a condominium a condominium, and a single family home a single family home. The styles of legal ownership and title are different.
I am looking for a place to rent, is it better to rent apartment homes or single family homes, as far as maintenance goes?
It is better to rent apartment homes because apartment homes generally tend to have a maintenance worker on staff, whereas a single family home will have to contact the home owner who will then locate a maintenance solution.
What is single family house?
A single-family home is one that is not attached to another dwelling. An apartment or duplex for example are NOT single-family homes. It doesn't matter how many people, or how many families, may be living in the residence. A single-family home generally references a "stick built" home or one that is built upon a foundation as opposed to a mobile or manufactured home.
What is a single-family house?
A single-family home is one that is not attached to another dwelling. An apartment or duplex for example are NOT single-family homes. It doesn't matter how many people, or how many families, may be living in the residence. A single-family home generally references a "stick built" home or one that is built upon a foundation as opposed to a mobile or manufactured home.
Is a group home considered a single family dwelling?
Depends on size. A group home is probably not in one small enough to be considered single family.
What is the traditional American family?
adopted family nuclear family single parent home extended family
