Buying or renting a house for your living is a difficult choice to make. You have a variety of residential options to choose from - duplex, triplex, townhouse, single-family home, condominium and many more. Looking for duplex or Northgate townhouses in Grande Prairie is a great option to go for. If you are wondering what is the difference between a duplex and a townhouse in Grande Prairie, then continue reading.
Duplexes are two separate living spaces on a single property built side-by-side. Every duplex unit has a separate entry.
Townhouses are series of home-built vertically and connected side-by-side in a row to other townhouses. Each floor is a separate unit and has a separate entrance.
Types of Residences
They are multi-family residences.
They are single-family residencies, allowing more than two families to reside in different houses.
Every duplex has their own kitchen, bathroom, lawn, garage, parking space, and bedrooms.
Every townhouse unit has a separate kitchen, bathroom, and bedrooms. They share ownership of common spaces like gym, pool, courtyard, parking space, and more.
Duplex is great options for people to invest in. One needs to buy the entire land on which the duplex is built. The owner then might prefer living in one part of the house and renting the other half.
There are two forms - freehold and condo townhouses. In freehold townhouses, the resident owns the townhouse as well as the land on which the townhouse is built. The latter residents do not own the land.
Duplex can have two storeys but do not have a terrace. Those houses with three storeys are called as triplex.
Townhouse is multi-storeyed and is equipped with terraces on top.
You can buy or rent one single part of the duplex.
Each house in the townhouse is bought in an individual capacity.
Maintenance is quite difficult if you own the entire property. When you own the entire lot, you may need to pay more for utility bills, and you are responsible for maintaining the entire property. But, when you own a single duplex, you only have to take care and pay bills for your part of the property.
The residents pay a maintenance fee which includes some basic repairs needed for the townhouse spaces. The owner is solely responsible for maintaining the house they own. Issues related to plumbing, electrical issues and more are to be taken care of by the owner himself.
You are free to renovate the house to increase its resale value.
In condo township, you have some restrictions for renovating your home, whereas, in freehold township, you are free to renovate the house.
Duplexes and Northgate townhouses in Grande Prairie have some of the best residential properties to live in. Choosing the one that is best for you becomes confusing when there are so many options. Contacting a real estate agent may ease your work and help you decide which will be the best property based on your needs. For more assistance related to buying, selling or renting, contact the experts from the field of real estate.