April 17, 2016

Townhome Living ~ One Sold ~ But Another Can Be Yours!

Often, townhouses are cheaper than free-standing houses, or single-family homes, as they're known in the real estate biz. Sure, once you buy a townhome, you'll be paying a mortgage and HOA fees, while your friends in a regular house are only in for the mortgage. But you know what else they get? A yard full of weeds, a driveway full of snow and a roof full of leaks. How about that HOA now! 

The cute townhome in the Littletowne complex on Mitchell Avenue just sold ~ thanks to Realtor® Greg Rapp. 817 Mitchell Avenue, at the skirts of the desirable Fulton Heights neighborhood just closed. But wait...!  Here is another opportunity to live in a home where you'll never have to pull a weed again!  Give Greg Rapp a call (704.213.6846) to know more!

Why a condo?

There are lots of reasons that a condo might be a better fit than an apartment or single home, and money is surely one of them. According to The Real Estate Journal,condo prices tend to appreciate at a slower rate than single-family dwellings, making them a more affordable choice in markets where prices are on the rise. And, compared to renting an apartment, because you actually own your condo, you can take advantage of tax deductions such as the interest on your mortgage.


No yard to mow. 

This is a big appeal of owning a condo. You don't have to mow a lawn because you'll pay dues to a condominium association, which will take care of most of your maintenance needs. If you are, for instance, a first-time homebuyer or even an 'empty-nester' who is downsizing, you have enough to think about and will find it such a relief that you don't need to worry about landscaping, yard maintenance, and the physical labor activities like snowplowing, roof repair, and other big ticket maintenance items.

It’s cheaper than buying a comparable house. 

Obviously, the cost of a condo versus a house depends on the size of the home, the property values of the neighborhood and the cost of living in the area. But typically, you'll spend less on a condo, especially in higher-cost markets where condos can be the only alternative to high-priced, single-family homes.
 

How much cheaper is a condo? As an example, if you were to buy a 2,400-square-foot town house condominium in a pricey Boston suburb, you might pay $725,000. Meanwhile, a similar-sized, single-family house in the same area would cost just over $1 million.  

It’s cheaper than buying a comparable house. 

Obviously, the cost of a condo versus a house depends on the size of the home, the property values of the neighborhood and the cost of living in the area. But typically, you'll spend less on a condo, especially in higher-cost markets where condos can be the only alternative to high-priced, single-family homes. How much cheaper is a condo? As an example, if you were to buy a 2,400-square-foot town house condominium in a pricey Boston suburb, you might pay $725,000. Meanwhile, a similar-sized, single-family house in the same area would cost just over $1 million. 

There is a sense of community. 

Plenty of homeowners would say the same thing about their own neighborhood, but as noted, condo owners tend to live in much closer proximity than many suburban homeowners, who often have relatively big yards separating them. There are always social moments that occur throughout the day. Whether it be to take the trash out or pick up the mail, there are opportunities that one just doesn't get in a home. (Geoff Williams, "3 Reasons to Buy a Condo", U.S. News & World Report, September 2014

Welcome to 1100 RAVENWOOD COURT in the Castlewood subdivision of Salisbury, NC, a 2-bedroom-2-bath condominium. 

1100 Ravenwood is a super- immaculate 1500+ square foot home, with new granite counter tops in a sunny, updated, eat-in kitchen that is equipped with loads of cabinet space, gleaming white, and streams natural sunlight.


The family cook will never be separated from guests with the awesome ability to look out into the dining/living room areas via a large architectural window-opening in the kitchen overlooking these areas.

You'll be impressed with the feeling of space in this condominium home! The combination dining and living room is huge with vaulted ceiling.  The Master bedroom has a beautiful bay window and large private bathroom.

Throughout the home you'll find ample closet space, including a small storeage closet off the sunroom to the rear of the home.  The sunroom is heated and cooled and overlooks a grassy knoll. A small rear patio off the back door is the perfect place for al fresco dining and outdoor entertaining.

This home is in very nice condition, with lovely landscaping and fine entryway floors. Mature trees provide shade on sunny summer days.  Large open green spaces surround the complex. 

Condo living

Condos provide attractive lifestyle choices for many prospective buyers. They're especially popular for retirees who want to be able to socialize or take advantage of services at communities that cater specifically to seniors. Living in a condominium can also free you from some of the usual chores that go along with owning a house, such as yard and exterior maintenance.

If townhome or condo living is for you, don't be sad because 817 Mitchell sold! 1100 Ravenwood Court might be just the home you are looking for! Call Realtor® Greg Rapp, with Wallace Realty at (704) 213-6846, and let him show you the benefits of condominium life!


1100 Ravenwood Court
Salisbury NC 28144
MLS#58661
$129,000  




 


Greg Rapp
Wallace Realty Co.
704 213 6846 Mobile
704 636 2021 Office
www.realestatesalisbury.net