Choosing to move is a big decision, whether it’s because you’re moving for work, for better schools, more space, or any other reason. You’re likely looking for that sweet spot of an ideal location and affordable cost. For some, luxury townhomes may be a great option as opposed to a single-family home, especially if you’re not particularly interested in keeping up with a yard or landscaping. And many luxury townhomes can be found in desirable locations and even have their own small community. Let’s talk about how you can find the perfect new home and what you should be looking for over the course of the process, as well as some of the perks of choosing luxury townhomes. Finding a new place to live can seem overwhelming at times, but with the right planning and people on your team, it doesn’t have to be.
What’s Right For Me?
This is probably one of the first questions you should be asking yourself when you’re planning a move. If you’re moving because you want to save money, are looking for more (or less) space, or are eager to “upgrade” from where you’re currently living, then that question is likely already answered. You probably have a good idea of what kind of a place you’re looking for.
However, if you’re moving in with a partner, moving to a new place for work, or looking for better schools/amenities, you may need to think about whether to rent or buy, if you’re looking for an apartment, condo, co-op, single family home, or townhouse, and what property suits your budget. Depending on your finances and stage of life, you may also be making these considerations with roommates in mind, as well.
What Should I Keep In Mind When Looking for a New Home?
According to a recent study, over 40% of recent buyers checked out properties online that were for sale as a first step and almost 15% got in touch with a real estate agent. Both of these are important steps to take. Online research is extremely useful (over 90% of people do online searches when looking for a new place), and almost 90% of buyers said that photos were useful, and 85% said that detailed information about the properties for sale were helpful. However, online searches are mostly helpful if you already have a good idea of what you want.
If you’re a new homeowner (or would-be homeowner) or aren’t quite sure what you’re looking for, a real estate agent can be a huge asset. Almost 80% of recent buyers said that they found their real estate agent to be a helpful source of information.
It’s also important to know what things you want in a house. If you’re not handy, buying a fixer-upper that needs renovations or extra work with plumbing or electricity is definitely not the way to go, for example. Make a list of things that you really want in your home, starting with the most important and ending with the least important.
And, before signing any paperwork, make sure you really understand the terms and details of your mortgage! Almost 60% of homeowners wish they understood the nitty gritty details of their mortgage better.
What Advantages Do Luxury Townhomes Present?
Luxury townhomes have come a long way, with architects and builders making them into spaces that truly take advantage of limited space. Balconies and rooftop terraces aren’t uncommon, and many townhouses feature plenty of natural light, thanks to large windows. High ceilings and more open floor plans are also common features.
They tend to require less maintenance from the homeowners and are usually located in an ideal neighborhood, close to plenty of shopping, restaurants, and other amenities, which makes them ideal for people of all ages! Whether you’re in your 20’s or 30’s and newly married, or are starting a family, or are older, and want to be around more people with plenty of activities close at hand, luxury townhomes can provide everything your heart desires.
Plenty of careful planning goes into choosing a new place to live, so do your due diligence and set aside time to figure out what you want and need before jumping in.