The Pros And Cons Of Single-Family Homes

Real Estate Survival Guide with Terry Story

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)