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Buying a Townhome vs. Single Family Home: Pros and Cons

May 27, 2022
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According to REALTOR.com®, in 2022, Salt Lake City will experience the highest sales growth among the hottest housing markets. While many parts of the country may see a dip in prices as higher interest rates impact buyers’ ability to afford higher prices, Salt Lake should remain a seller’s market.

 

Sparse inventory will force buyers to become laser-focused on what they want to buy. One big decision they’ll need to make is whether to purchase a single family home or buy a townhouse.

Both styles of homes are available from Sego Homes, and both have their pros and cons. Let’s take a look at the differences.

 

What’s the Difference? 

A single family home is a dwelling where all the walls are free-standing and not attached to another house. You own not only the home but the acreage around it. 

 

With a townhome, you are connected to the homes around you by at least one wall. You often own the land that the house sits on plus a small lawn, patio, or entranceway in the front and back. 

 

People who want more privacy tend to choose a single family home. On the other hand, if you don’t mind chit-chatting with your neighbors, a townhome might be more to your liking. 

 

Townhome Pros

For most townhome owners, having an HOA that takes care of gardening, lawn maintenance, snow removal, exterior maintenance or other aspects of their residence is a big pro. When buying a townhome, be sure to factor the HOA fees into your monthly expenses. 

 

For $291 per month, a Sego townhomes owner receives structure insurance, fiber internet, exterior maintenance, and access to Daybreak amenities. Also, our townhomes are located near the emerging Daybreak urban center. Townhome buyers can walk to the future urban center’s restaurants and shops plus have quick access to the Mountain View corridor for fast transit. 

 

Single Family Home Pros

If you are looking for more space, our single-family homes have no connecting walls, more windows, and yards. And our Founder plan even offers single-level, low-maintenance living!  The HOA fees are less expensive, only $131 per month. The HOA fees include fiber internet and access to Daybreak amenities

 

With our single family homes, you are closer to Daybreak’s watercourse. You can hop on a paddleboard or kayak and float through the community. If you’re not interested in getting wet, you can alternately access the trail system that moves along the watercourse for a stroll, run, or bike.  All of these amazing community amenities are available to all Daybreak homeowners, regardless of home type.

 

Shared Pros

Regardless of whether you are interested in a single family home or a townhome, Sego Homes offer a different aesthetic style than other builders in the Daybreak area. Beautiful and modern, our unique homes emphasize comfort through tall ceilings and picturesque windows in every home. Our townhomes and single family homes at Daybreak have great outdoor spaces, decks, and terraces that showcase the beautiful Wasatch Mountains. 

 

Compare for Yourself

So many people come to us thinking they want one thing only to find that they are interested in something else. The best way to determine if a single family home or a townhouse is best for you is to come to see them for yourself.

 

If you are interested in upgrading your living situation, please don’t hesitate to act. Contact us today to speak with a Sego Homes expert. 

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