Buying real estate, whether you’re looking for a home or investment, means sifting through a myriad of options each with their own pros and cons.
Townhomes, or townhouses, are residences positioned in a row, sometimes sharing a boundary or a wall with the one or two properties adjoining. When buying a townhome, you own the ‘land on which it sits’ and the house. Townhomes are generally positioned on a small block resulting in a more affordable price and a low maintenance yard which may appear a limited option for some buyers.
So, why consider buying a townhome?
REASON 1: YOU’RE BUYING A HOME, BUT WITHOUT ANY OF THE HASSLES
When buying a new townhome, the developer may throw in convenient inclusions, such as front and rear landscaping, driveway construction, the clothesline and the letterbox. So when you collect the keys and take possession of your new home, all the work is done and you can just move in. It’s the little things being taken care of upfront, that you might have otherwise forgotten, that makes buying a townhome a truly hassle-free choice.
REASON 2: IT’S A SIMPLE BUYING PROCESS
Compared to buying a house and land package, where you need to assess your land and home separately, and then make sure everything fits within the estate’s design guidelines as well as your budget, townhomes make everything so much easier. With fixed prices and designs, already well-considered from every angle, it’s only the finishing touches that need to be decided based on your preferred colour scheme and style. Fixed site costs take any surprises out of the process, and consideration to service connections ensure that your townhome is connected and wired appropriately to essential services. The new home process can appear overwhelming, but townhomes are a great option for those who want to take some of the decision making out.
REASON 3: TOWNHOMES ARE AFFORDABLE
Townhomes are designed with efficiency in mind. They are often built concurrently as part of a larger collection or precinct. On this basis, established builders like Sienna Homes are able to achieve efficiencies in their build cost which in turn benefits the buyer. Pair this with a smaller, more practical lot, and a great price point can be achieved. The clarity of a fixed price also enables buyers to work safely within their budget, assured that they won’t be caught off guard by unexpected costs.
REASON 4: MOVE INTO AN INSTANT NEIGHBOURHOOD
The safety and social aspect of adjoining townhomes mean neighbours can quickly become friends. New townhomes in upcoming communities, means there will be 7 other families buying and moving in alongside you. Sienna Homes’ modern streetscape design means that you and your neighbours’ facades, look stunning side by side.
REASON 5: A TRULY LIVEABLE DESIGN
Townhomes provide a comfortable layout for those living solo, with housemates, couples or a family. Being double storey, they remain spacious and open-plan, allowing for flexible living, décor and styling. The ease and affordability advantage of buying a townhome means you can spend your time (and money) on making the place feel truly like home.
Want to start looking at a new townhome of your own? Octave at Junction Village’s newly release Bolero Townhomes are the perfect fit for purchasers who are looking for lots of space at an affordable price point. Located in front of Harmony Park, future residents will be spoilt by its location with the Royal Botanic Gardens Cranbourne being a short stroll away.