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.
What else can I help you with?
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 an attached single family home?
An attached single-family home is a residential property that shares one or more walls with neighboring homes but is still considered a single-family dwelling. Unlike multi-family units such as apartments, each attached home is designed for one household and typically has its own entrance, utilities, and yard space. Common examples include townhouses and duplexes, where the homes are connected in a row or side-by-side configuration. This type of housing can offer a balance between single-family living and the benefits of a community setting.
What of the following best explains why buying a single-family home in a city is a good investment?
Buying a single-family home in a city is often a good investment due to the potential for property value appreciation over time, driven by urban growth and demand for housing. Additionally, single-family homes can provide rental income opportunities, especially in desirable neighborhoods. The stability of real estate as an asset class also offers a hedge against inflation, making it a favorable choice for long-term financial growth.
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
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.
What does single family home mean?
A single-family home is a standalone residential structure designed to accommodate one family. It typically includes its own yard and is not attached to any other dwelling. These homes are distinct from multi-family units, such as apartments or townhouses, which house multiple families or tenants. Single-family homes offer privacy and often more space, making them popular among families and individuals seeking a suburban lifestyle.
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.
What is an attached single family home?
An attached single-family home is a residential property that shares one or more walls with neighboring homes but is still considered a single-family dwelling. Unlike multi-family units such as apartments, each attached home is designed for one household and typically has its own entrance, utilities, and yard space. Common examples include townhouses and duplexes, where the homes are connected in a row or side-by-side configuration. This type of housing can offer a balance between single-family living and the benefits of a community setting.
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 a Multi Section Manufactured home?
A Multi Section Manufactured home is a type of factory-built home that is constructed in multiple sections in a factory and later assembled on site to form a single dwelling unit. This type of home is often larger and more customizable than single-section manufactured homes.
What does single family mean?
A single-family home refers to a residential structure designed to accommodate one household. It typically includes a separate entrance, yard, and is not attached to any other dwelling. This type of property is distinct from multi-family units, such as apartments or duplexes, where multiple families live in separate units within the same building. Single-family homes often provide more privacy and space for families.
