Finding the right type of property is one of the biggest concerns for people who plan to move to a new location. If you are undecided and unfamiliar with the types of homes in Canada, it can be difficult to decide right off the bat. What you need to do is consider your needs and compare them to different types of quality East Vancouver houses for sale. House hunters who haven’t quite made up their minds yet will not be disappointed because there are many different types of housing to choose from that can suit any need.
Duplexes
Duplexes are very common in Canada and are ideal for a family or two since duplexes are buildings divided into multiple units. Each unit is aptly isolated from the others for more privacy. One advantage of buying a duplex is that you can rent out the other divisions to help you pay for your mortgage.
Condominiums
Condominiums in Vancouver are more suited to small families, couples, or just one individual. You will live in a single unit and will be charged a monthly fee for maintenance, utilities, and many other amenities you will be given access to. You won’t have sole ownership of the unit, but a shared one with the actual owner of the entire building.
Townhouses
Townhouses or row houses are a group of identical-looking single-family homes side-by-side with one another. Living in a townhouse might not offer much privacy since you’ll be living closely with some of your neighbours with only a wall to separate you, but they cost less in the long run. Some of the best East Vancouver townhouses for sale also often have an outdoor space for each unit at the front.
Detached Homes
For those who want more privacy, a detached home is the perfect type of housing; however, that privacy comes at a price. When you buy a detached house, you will be paying for the house and the land. You will also have sole ownership of the house, which means you will be the one to take care of expenses like repairs, maintenance, and utility bills. They are often more spacious as well and as the owner, you are free to make modifications to your house’s structure.
In the end, the choice for the type of home will depend on your needs and preferences. To make house hunting easier, you can work with reputable real estate agencies like Real East Van.
Sources:
Types of housing, www.PrepareForCanada.com
Your Needs — Now and in the Future, Canada Mortgage And Housing Corporation