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03-16-2007, 08:07 AM
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I can't think of anything clever to say here
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Join Date: Jan 2007
Location: Loudoun County, Virginia
9,266 posts, read 4,322,902 times
Reputation: 2304
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Townhouse vs Single Family Home
I'm going through realtor.com looking for properties to suggest to possibly check out in Cornelius and Davidson... and I'm seeing a trend that has me confused.
We are strictly looking at waterfront properties. The townhouses seem to be smallish (many less than 1200 sf), and built at least ten years ago. The houses tend to be larger, include a small bit of property, and are built more recently. Yet, the townhouses are more expensive. Any thoughts as to why this would be?
We had initially asked to see townhomes, thinking they were the better buy and that we would get a community pool. However, most of the houses seem to be in associations that also have comunity pools. Any thoughts?
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03-16-2007, 06:14 PM
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I can't think of anything clever to say here
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Join Date: Jan 2007
Location: Loudoun County, Virginia
9,266 posts, read 4,322,902 times
Reputation: 2304
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Just thought I'd bump this back up to the front of the list and see if any of the people joining us later today have thoughts on this issue.
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03-17-2007, 09:51 AM
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Member
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Join Date: Mar 2007
Location: Charlotte, NC
82 posts, read 94,709 times
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One reason I could think of is the data for "waterfront" is often unreliable -- it depends on realtors correctly tagging properties within the MLS system, and we know how human error can be.
Otherwise, I'm more of an "in-town" guy, so I don't know the market up in Cornelius/Davidson very well. I've got a buddy who owns a brokerage up there and he might know, so I can email him if you want good insight.
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03-17-2007, 02:44 PM
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Senior Member
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Join Date: Feb 2007
866 posts, read 1,049,316 times
Reputation: 163
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Quote:
Originally Posted by normie
I'm going through realtor.com looking for properties to suggest to possibly check out in Cornelius and Davidson... and I'm seeing a trend that has me confused.
We are strictly looking at waterfront properties. The townhouses seem to be smallish (many less than 1200 sf), and built at least ten years ago. The houses tend to be larger, include a small bit of property, and are built more recently. Yet, the townhouses are more expensive. Any thoughts as to why this would be?
We had initially asked to see townhomes, thinking they were the better buy and that we would get a community pool. However, most of the houses seem to be in associations that also have comunity pools. Any thoughts?
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The townhomes might be actual waterfront with an open view, whereas the homes might be set in a cove lot and not a wide open view? Just a thought maybe? Waterfront homes in LKN are extremely expensive though... |
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03-17-2007, 04:41 PM
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Member
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Join Date: Jul 2006
99 posts, read 145,414 times
Reputation: 25
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Here in South FL I have a canal behind my house....therefore I have waterfront 
You really need to just go see for yourself what kind of "water" they are listing. |
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