What is a Minnesota town home?

Town homes and other co-ops are a hybrid somewhere in between a condominium and a single family home. Usually a town home is attached to one or more other town homes, but has a little bit of outside space that is your own to take care of as you please. There are however also detached townhomes inside of the community of town homes, which act like a single family home except that lawn and snow, trash and recycling are usually taken care of via an Association fee.

There are typically no age restrictions, and fewer restrictions on pets and a condominium. And the association fee is often less monthly than a condo, but has less facilities available. In a town home, often the Association fee will also cover general exterior maintenance, such as exciting and roofing.

That being said, there are different types of town homes. Row homes, for example, are attached side by side to other MN town homes. Unless you are in one of the end units, you have a neighbor attached to each of your sidewalls. If these Row homes are also built back to back, all residents except for the end units will have neighbors on three sides.

In contrast, there are also townhomes built one on top of each other with single level living designed for the handicapped or elderly. But these are typically lowrise buildings (three stories or less) because each town home will have its own individual entrance. You can also find Minneapolis townhomes that are three or more stories tall. This design, often with a garage or carport on the main level, allows the maximum amount of square footage with the minimum amount of acreage used.

Styles to vary significantly, so whatever your lifestyle preferences dictate like your realtor know so that he or she may find the appropriate town home for you. Don't be afraid to say what you like and what you don't like. This will only help your agent to pick out units that you would like.

Testimonials

"Alex is hands down the best realtor with whom we have ever worked. My husband and I have purchased property in Florida and Twin Cities with Alex and have found her to be knowledgeable, conscientious and vigilant.

There is always an immediate response, no matter how many questions are asked of her. We know we can trust her as she is ethical personally as well as in business.

Alex goes above and beyond property investment and has coached us with great expertise on wealth building as she owns investment properties herself. Alex has a great team with whom she works, and we will definitely do repeat business with Alex and have a property pending now."

Bob and Jackie Matzen
Eden Prairie, MN
JPMatzen@Aol.Com

Number of Properties
Purchased With Alex: 3
Total Investment Property Value: $415,000
Business: Mfgrs Rep

 

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