Colorado Springs Vintage Homes Blog
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5 reasons townhomes make an easy transition from apartment life
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Low interest rates, great prices, and new tax credits have many apartment dwellers considering making a their first home purchase. But some buyers are on the fence; they may not like the idea of cutting the grass every summer weekend or shoveling a driveway before going to work on a Colorado Springs winter day.
They may want to consider a townhome, where they can receive the tax benefits of home ownership but retain some of the worry free aspects of apartment life!
In Colorado Springs, there are a wide range of condos and townhomes to choose from. There are some starting as low as $55,000 and going as high as $3,000,000 for a luxury condo located in the Broadmoor Hotel. If you would like to receive a hand-picked list of some of our favorite complexes in the area, email us. KTorline@msn.com
Here are five reasons that a townhouse or a condo might be the perfect first home:
- No Yardwork! In most cases the association is responsible for cutting the grass , trimming the trees, and removing the snow.
- No Exterior Maintenance! Townhome owners don’t need to worry about outside painting or the cost of putting on a new roof, as this is typically taken care of by the HOA. And the exterior hazard insurance is covered by a policy for the entire association and paid for with monthly or annual association fees.
- Community Amenities. Want a pool? Want a hot tub? Like a sauna? Need a fitness center or large room to entertain in? Love the idea of living on a golf course? Amenities like these can be found in many Colorado Springs townhome developments.
- Close Neighbors Provide Better Security! People in townhomes live in close proximity to one and other, like those in apartments. This closeness can provide comfort to those who like the idea of neighbors looking out for one another.
- More Space for the Money. With less dollars being used for the land, more of your money goes into buying actual living space. Townhomes are designed with space efficiency in mind, giving you more living area at a lower cost.
Need another reason? Townhomes are amazingly affordable throughout Colorado Springs and the surrounding areas. Part of the reason for the great prices is because the Colorado Springs townhome market developed too quickly in early the early 2000’s creating more supply than demand; and real estate pricing is always a direct reflection of supply and demand. Too much supply, and pricing comes down.
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Kathy (719-287-1049) KTorline@msn.com
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