If you are considering buying a new home, or your first home, you may wonder where to start. There is more than one choice out there for a home, such as a townhouse, condominium, apartment, and more. A single family home is another option. Below are the pros and cons of single family homes.
Single Family Homes
Before getting into the advantages and disadvantages, we must ask, “What is a single family home?” This type of residential building is what one might imagine: a house on a piece of land that is unattached from any other unit. It is your typical house with one or more stories, one kitchen, and usually a front and back yard.
Pros of Single Family Homes
One of the top benefits of living in a single family home is that of privacy. Without having to share interior walls or live below or above other people, you can talk as loud as you want without annoying the neighbors, and vice versa.
You will also be able to personalize the exterior of your home more. When you alone control the look and the landscape around your house, you can modify your home however you want. If you want to change the color scheme, you can. If you want to put a fountain in the backyard, you can. If you have a green thumb and love working in nature, then a single family home will allow you more freedom to work in the dirt than an apartment or townhome might.
A single family home has at least one more advantage, and that is space. You will have more space for moving around, for storage, and for entertaining. If you have a growing family, this type of residence may work in your favor.
Cons of Single Family Homes
However, there are a few drawbacks as well. One is that you do not have the opportunity to gain income through rent. If your basement is its own residence, or if you have two apartments above the first floor, you could provide a space for tenants and earn a little at the same time.
Another disadvantage is the distance between properties. Living in an apartment complex, one has only to go one or two doors down a secure hallway to reach a family friend. Living in close quarters can facilitate community better than a single family residence can. At the same time, people can testify of the opposite experience, despite the distance between doors.
Lastly, there is a greater upfront cost as well as a higher cost for maintenance. Owning a property has significant advantages over renting one, but if you are looking for a single family home, consider the budget as well.
Let us be Your Trusted Maryland Home Builder
Are you ready to bring your dream home to life? Enlist the difference of Viking Custom Homes, Maryland’s trusted home builder of high-quality single-family homes for more than three decades. With over 30 years of experience and a reputation of excellence in over five Maryland counties, we offer the highest standard of customer service and quality assurance for your new home. If you are looking to build on one of our beautiful homesite offerings or on your own lot, we are eager to help you every step of the way towards building your dream home. Let us bring your dream to life by building a home where life unfolds! Contact us online or call today at 410-977-2188 to speak with a member of our trusted team. You can also visit our Facebook, Twitter, or LinkedIn for more information.