"Because each unit functions independently, duplexes are often appealing to homeowners who want extra space or the potential to earn rental income. Owning a duplex can allow you to live in one unit and rent out the other, helping offset your mortgage costs. Advantages of a duplex: Opportunity to earn rental income by leasing one unit while living in the other Greater privacy compared to apartments or townhouses Full control over maintenance decisions without HOA restrictions"
"Advantages of a townhouse: Lower maintenance responsibilities due to HOA coverage Access to community amenities such as fitness centers or green spaces Predictable upkeep costs through monthly HOA fees More affordable purchase price compared to detached homes Challenges of a townhouse: Less privacy due to shared walls Monthly HOA fees that can vary by community Restrictions on exterior changes or landscaping choices"
Duplexes contain two independent living units that can be occupied or rented separately, enabling owners to live in one unit and lease the other to offset mortgage costs. Duplex ownership offers greater privacy than townhouses or apartments and allows full control over maintenance and financing when occupying a unit. Downsides include full responsibility for upkeep on both units, potentially higher upfront costs, and vacancy risk. Townhouses provide lower maintenance through HOA-managed services, access to shared amenities, and predictable monthly fees, but they have shared walls, monthly HOA costs, and restrictions on exterior modifications. Choice depends on budget, lifestyle, and willingness to manage rentals or HOA rules.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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