Now, let's consider some of the differences between ownership of attached vs. detached housing:

Affordability: For the most part, in many communities, attached homes are priced more affordably than detached homes, and, as such, are an ideal option for those entering the market. Keep in mind, however, that you should examine the neighborhood of any home you choose. Does it meet your needs as far as the commute to work…the schools…convenient shopping nearby?

Storage: Due to the size and layout of attached homes, there is often minimal storage space. Consider the make-up of those who will be living in the home. Is storage space an issue? Will it be in the next couple of years?

The Market: As with detached homes, it is always best to research the market before purchasing an attached home. Is there a demand? Have prices appreciated? Does one community of attached homes sell faster/for higher prices than others nearby?

Security: Are you interested in a community with security? There are communities which allow entrance for residents only (gated communities), with visitor rights. Many do not provide this additional security, but enjoy the village police patrol as is typical in neighborhoods comprised of detached homes.

Association Fees: Make sure you have a full understanding of the fees for the community you choose. Are there additional fees for other amenities offered (i.e. a swimming pool within the community may be available only to those residents that pay an additional fee).

Parking Privileges: Available parking for residents and their guests is often an issue in communities with attached homes. Is there enough space available for your family? Is parking for your guests close by? Are there limitations to the number of parking spots available to each unit?

The Exterior: Communities vary on their acceptance of residents making changes to the exterior of the building and surrounding yards. Do you understand what you can/can not do? Are you able to hang plants on the outside? Plant a small garden? Your Association covenants will very likely answer these questions in detail.

There are many things to consider when contemplating whether to purchase an attached or detached home. If choosing a community with attached homes, keep in mind the differences between them. Are pets allowed? Are there additional fees (other than the monthly Association fee) that the Association is going to be assessing in the near future (for roof repair or new exterior siding, for example)? Are there current plans to increase the Association fee, and if so, why? It is wise to review the minutes of previous Association meetings to learn about the financial condition of the Association, its' maintenance plans and any legal issues that have been or are currently being dealt with.

Most importantly, when selecting a community, consider your own lifestyle as it is now and as it will be in future years. Will that community work for you now…and in the future?

©2002 Marge Harris. Publication or use of this article on or off-line without written permission from Marge Harris is prohibited. If you would like to use Marge's articles on your Web site or in your publication, just email Marge for details!

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