Could a Townhouse be Your Perfect Fit?

So you are keen to build a brand new home, but just how do you choose between a townhouse or a house and land package? If you’ve spent all your life in a freestanding house with a big yard and garden, it can be hard to consider any alternative. Similarly, if you’ve spent the last few years in an apartment you might crave a house simply because you want that experience.

But maybe a house is not actually the best option for your circumstance or lifestage. If you’re open to the idea, a townhouse can offer many advantages.

But what is your lifestage?

The downsizer

So the kids have moved out (finally!) and you are ready to retire. Selling the family home to unlock the equity that can support you post-work is a solid strategy.

But maybe you are struggling with the change of mindset this requires, particularly if you are an avid gardener and someone for whom home maintenance is a hobby. If that sounds familiar, you have probably found yourself drawn to houses.

Sure, you might be looking for smaller houses than your family home, maybe with 2-bedrooms instead of 4, but ultimately you will be paying more than you would for a townhouse – and losing a chunk of the equity that will pay for your future lifestyle.

When you buy a townhouse you are only paying for what you need. Do you REALLY need the big garden, multi-car garage and lifetime of upkeep that a house brings with it?

The upsizer

You might also be on the other end of the spectrum and ready to buy your first home. Congratulations!

A house will be appealing if you are about to start a family, after all, kids need space! But then, townhouses do not have to feel small and cramped, either.

If you are not planning a family immediately, a townhouse might be perfect for your needs, at least for another couple of years.

It’s highly unlikely that your first home will be your forever home. What you want is a foot on the property ladder – and the sooner the better, before property prices take another hike north.

Weigh it up

• Generally speaking, a townhouse is less expensive than a house.
• The sales tax on a townhouse bought ‘off the plan’ will also be substantially less.
• Today’s innovative designs are built with comfort and lifestyle in mind.
• Townhouses are usually in premium locations (near services & amenities).
• You can have your garden but without the endless weeding and pruning.
• Maintenance is manageable, with less floor space to vacuum and mop.

No matter your lifestage or home building preference, you will undoubtedly find something to suit your needs at Orchard. It pays to keep in mind though, that our offering of townhouses in Orchard Row sell fast! So to ensure you don’t miss out, register your details here before our second release is snapped up!