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Old December 19 2010, 03:46 PM   #1
Jetfire
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House or Townhouse or Condo?

I was wondering what peoples preference is for housing...I have always wanted a house on acreage...mainly for privacy...but certain areas of the US a house(with a fair amount of land) is way too expensive and things like Townhouses and condos are cheaper for the same square footage, number of bedrooms and baths.

I didn't include apartments because I am talking about buying a dwelling and not renting. of course if I have said something stupid here one of you kind people will surely point it out.

What do you prefer House +acreage or Townhouse or condo? And if you can explain why that would be great.
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Old December 19 2010, 03:58 PM   #2
Alidar Jarok
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Re: House or Townhouse or Condo?

I hate mowing the lawn. I always hope for an early frost that kills all the grass. But I do like a bit of space, so I'll vote townhouse.
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Old December 19 2010, 04:06 PM   #3
Scout101
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Re: House or Townhouse or Condo?

House is the preference for me. Privacy, a little elbow room from the neighbors, garage, etc.

Depending on the neighborhood, I could get by with a Townhouse, as it at least feels like a house, still usually has garage, etc., upstairs and downstairs... Don't have to mow the lawn or plow, etc (usually), but the association fees aren't attractive to me, I'd rather do that myself.

Condo is just an apartment, doesn't really feel like a home to me...
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Old December 19 2010, 04:24 PM   #4
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Re: House or Townhouse or Condo?

House definitely. I like having my yard and trees around me.
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Old December 19 2010, 05:07 PM   #5
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Re: House or Townhouse or Condo?

Before becoming a family man, it was definitely townhouse or condo. Now, it's a house. We need the space.
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Old December 19 2010, 05:38 PM   #6
iguana_tonante
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Re: House or Townhouse or Condo?

I'm not sure I understand the difference between living in a condo and having an apartment (flat). Isn't a condo composed by apartments?

In every case, space here is at a premium, so anything but an apartment would be crazily expensive and out of question. Also, I wouldn't know what to with acreage, except to accumulate garbage and wild bushes.
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Old December 19 2010, 05:42 PM   #7
Jetfire
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Re: House or Townhouse or Condo?

an apartment you are renting and a condo you purchase like a home...depending on the area alot of condos are more set up like townhouses than like apartments.

[edit] I know in bigger cities you can purchase an apartment instead of renting.
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Old December 19 2010, 05:46 PM   #8
cultcross
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Re: House or Townhouse or Condo?

Not sure on the translation of the US terminology, but I'm guessing approximately detached house -> terraced house -> flat? I'm a bit thrown by the comment about buying not renting, people here certainly buy 'apartments' to live in. But then, our house prices in general are sky-high compared to the US because of our ridiculous land values. The legal building space left to the UK is very limited so any building that uses up land like a large detached house with a garden costs a fortune.
We're in the process of buying a Victorian terraced house, which I'm very much looking forward to - we rent a maisonette at the moment so I can't wait to have somewhere we can make 'ours'.
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Old December 19 2010, 05:59 PM   #9
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Re: House or Townhouse or Condo?

^
More less yeah House(Detached House), Townhouse(Terraced House) & Condo(Flat).
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Old December 19 2010, 06:00 PM   #10
Mr. Laser Beam
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Re: House or Townhouse or Condo?

I enjoy owning my own home and I wouldn't want to give that up. There is the yardwork thing, but I don't mind that. Gives me something to do and a chance to exercise a fair bit!
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Old December 19 2010, 06:16 PM   #11
Warp Coil
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Re: House or Townhouse or Condo?

I'm not terribly interested in maintaining a yard (cutting the grass, raking the leaves, planting bushes and shrubs and trees and flowers, etc.) or dealing with a lot of the exterior maintenance (cleaning out the gutters). So I don't think a single family home is right for me. I would love a nice, roomy townhouse with a garage. At the moment, I can only afford a condo so that is what I have. If the day ever comes that I get married and can enjoy living off of 2 incomes instead of just my own, it will be time for an upgrade.
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Old December 19 2010, 06:18 PM   #12
Lookingglassman
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Re: House or Townhouse or Condo?

I have owned two houses and I hate yard work. I am moving next year and am looking into getting a condo so I wont have to deal with all of that mess.
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Old December 19 2010, 06:25 PM   #13
Alidar Jarok
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Re: House or Townhouse or Condo?

ghost of cultcross past wrote: View Post
Not sure on the translation of the US terminology, but I'm guessing approximately detached house -> terraced house -> flat? I'm a bit thrown by the comment about buying not renting, people here certainly buy 'apartments' to live in.
Yeah, condos and apartments are basically the same thing. Condos you own outright, while apartments are rented. Although, to make things even more confusing, you can rent a condo too.

More specifically, an apartment is one housing unit in a building with a single owner. Condos are all in one building, but sold separately and you get complete ownership over it.
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Old December 19 2010, 06:40 PM   #14
Small White Car
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Re: House or Townhouse or Condo?

I have an end-unit townhouse. This is, for me, the ideal middle-ground

I have nice big side yard and only one direct neighbor (through a brick firewall) so it's a huge advancement over a condo.

But I also have a neighborhood association that does the majority of yard care. The part I'm responsible for is quite small. So I have that advantage over a stand-alone house.

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Old December 19 2010, 06:41 PM   #15
iguana_tonante
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Re: House or Townhouse or Condo?

Jinglebell JaRock wrote: View Post
Yeah, condos and apartments are basically the same thing. Condos you own outright, while apartments are rented. Although, to make things even more confusing, you can rent a condo too.

More specifically, an apartment is one housing unit in a building with a single owner. Condos are all in one building, but sold separately and you get complete ownership over it.
Ah, ok, I think I understand now. Thanks for the explanations. Under this classification, most homes here are condo, since having a building with a single owner renting out flats would be exceedingly unlikely. For example, I rent a one bedroom condo, while my parents own a two bedrooms one.

I would like to own a townhouse when I settle down, but I don't see it coming unless research grants get a sky-high rise in the near future (yeah, sure ).

A detached house looks too big for a couple or a small family from my perspective, and also too much of a hassle.
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