Townhouse Vs Single family home
Location, location, location
Close proximity to everything is one of the advantages of townhouse living versus single family homes. Most townhouse communities in Richmond are within walking distance to public transit, elementary and secondary schools, parks, community centres and shopping malls.
Many townhouse communities offer a range of models at different price. The townhouses that vary in size, layout, number of parkings and exposure of yards provide more options for buyers.
Save time for maintenance
Townhouse living usually includes a management team to look after the exterior maintenance, landscape service and snow removal. It gives owners a perfect solution to spend long weekends and vacations out of town.
Many townhouse communities include amenities such as courtyard, playground, clubhouse, gym and swimming pool. These amenities can be attractive to families with children and adults who enjoy active living.
About the Price
An older 2-bedroom townhouse starts from $240,000 and an older 3-bedroom townhouse from $280,000 and more. Newer townhouse with 3 to 4 bedrooms may vary from $380,000 - $750,000 and higher, depending on age, size, community features and location. The new townhouses with 3 to 4 bedrooms are priced around $500,000 - $750,000. The starting price for a single family home in Richmond with a small lot and an old house is around $550,000 and can go up to few million dollars for a house on a big lot. Generally, townhouses are more affordable than single family houses.