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Hakim Beavers
Hakim Beavers

Buy New Townhouse BEST

Common Areas: For townhouse type developments that have grounds around the homes, buyers should read the offering plan with respect to roadways (the thickness of each layer should be listed) and whether they will continue to be owned by the condo or dedicated to the town or village; sidewalks, if any; drainage systems; and retaining walls. Occasionally there are discrepancies between what is listed in the offering plan and what is provided, and buyers need to know what is in the offering plan.

buy new townhouse


Overly restrictive zoning is a big problem nationally, says Robert Dietz, the chief economist with the National Association of Home Builders. "In certain neighborhoods you simply cannot build townhouses."

"That could be a townhouse," he says. "It could be a single family detached home on a small lot that's roughly 1,800 to 2,100 square feet, that's appropriate for effectively a newly married couple that's moving out of their first apartment and is getting into their their first rung of homeownership." 041b061a72


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