The Pros And Cons Of Single-Family Homes

Real Estate Survival Guide with Terry Story

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5+ y ago 7:48

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Single-Family Homes

We are familiar with the term, single-family homes. Yet, only a few know what that means.

Terry defines single family homes as ones that:

share no walls with neighboring homes
have their own dedicated kitchen, not shared with any other home
own the land that they sit on
have private direct access to a street or a thoroughfare
have dedicated utilities servicing the house
are built as residences for single families, persons, or households, with undivided interest in that property.

The one big benefit of buying single-family homes is that you can do whatever you want with them, provided your city permits it.

Townhomes, on the flip side, have shared walls and strong limits on property modifications. (912)

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