4 Reasons Why Rowhouses Make a Good Investment
Why are rowhouses a good investment?
- Low Maintenance Costs
- House and Living Features
- Great Value for Money
Everyone wants a house of their own. With that, comes plenty of time for planning and long years of saving up to obtain the best house suitable for the family while staying within the budget. Indeed, buying a house is a life-changing process, whether you are just building your professional career or on the way to retirement. If you are hesitant to purchase a house for sale in Cabanatuan, take a look at the following reasons why they make a good investment. From the low maintenance cost to house and living features, a rowhouse delivers great value for your money.
Low Maintenance Costs
There are two types of rowhouses: multi-story and single story. Regardless of the number of floors, they are all technically considered to be independent property because of the structure. Given that all doors in a rowhouse property are part of one land property, there is little maintenance compared to individual and detached units like bungalows.
The only unit maintenance you have to think of is the basic cleaning of your house – from washing exterior walls and getting rid of the debris that may have got stuck in the gutters of the roof to keeping your backyard and front yard clean.
House and Living Features
A rowhouse is basically a low-rise, and typically includes two-story, residential buildings that share side walls and rooflines with structures next door. It is suitable for families of 4 to 6 members. Many people get confused with the difference between a townhouse and a rowhouse because they both take the shared walls and roofing structures. Yet, if you look closely, a townhouse will have different kinds of architectural designs whereas a rowhouse will take the shape and structure of the doors next to it.
Now you can tell a townhouse apart from a rowhouse through visual comparison. Learn about the living features and how it should benefit you in the long run. Apart from the affordability of a unit, here are some of the benefits of rowhouse living.
- Proximity with neighbors to provide security
Living in a rowhouse provides you with the opportunity to enjoy living in a secure gated community. In addition to that, the shared walls of rowhouses create a more secure living experience. Given the structure of rowhouses, you will have the peace of mind that whenever you are out-of-town, there are houses near you to watch over your property.
- Sharing values with like-minded neighbors
You might not be aware of it but once you start living in a rowhouse, you will experience living next door to like-minded people. Buying a house is a life-changing experience in a person’s life. Before getting ahold of the house keys, a person makes decisions and even big leaps. This is the one factor that will allow you to relate with your neighbors. Why they chose to live in a rowhouse might be the same reason as yours.
- Access to shared amenities in the community
Amenities like a playground, parking lot, multi-purpose covered court, and function hall are some of the areas in the community that you share with your neighbors. If you are the type of person who likes to socialize and make new friends, rowhouse communities enable you to do that.
Great Value for Money
When you think of the value of your money, anything that is sold at a good price comes into your mind. It could be a new mobile gadget you have been eyeing but hesitant to purchase because you are unsure of whether it is worth your money or not. If small items make you think of that, what more when it comes to houses?
Buying a house property sometimes makes people think of the money they will shell out instead of the investment opportunities and their housing needs. With that in mind, it is best to have a real estate property broker to guide you through the home buying process. Regardless of whether you are a first-time homebuyer or rented previously, having someone to walk you through the steps should enable you to see the value of the property and how investing in a house is worth every penny.
Investing in a house for sale in Cabanatuan to use as a rental property definitely presents a great idea when you consider all the costs that come along with it. The prices of rowhouses today are lower than that of a single-detached family home or bungalow. If having a limited budget is holding you back from investing in a house, then consider buying a rowhouse.