Real Estate Term of the Day: Attached Housing
ATTACHED HOUSING (aka: Attached Single Family) – dwelling units that are attached to each other on at least one side, possibly divided from one another by a firewall or other physical partition. Contrast with detached housing (Barron’s Dictionary of Real Estate Terms)
The two most common types of attached housing is:
- A duplex
- Town home
Benefits of Attached Housing:
- Costs to repair exterior items can be less expensive
- In Metro Denver, most attached housing projects (such as town homes) are located in communities with an HOA (members of the HOAs typically will pay a monthly HOA fee which will provide for the exterior maintenance of the attached home such as lawn care & roof maintenance)
- Attached housing can offer the benefits of home ownership at a lower cost
If you are interested in finding attached housing suited for your needs, please contact me today!