Bay Area Townhouse vs House | Weekly Bay Area Real Estate Tips #14
Every Tuesday, I go into detail a question I frequently get asked. Are Single Family Homes a better long-term investment than Townhomes? Tune in weekly and email me anytime if I can help! [email protected].
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A single-family home is an independent residential structure that sits on its own land and is designed to be used as a single dwelling unit, having just one kitchen, unshared walls and unshared utilities. A townhouse is an attached home also owned by its resident. One or more walls are shared with an adjacent attached townhome.
What’s the better long-term investment?
I tracked the returns of Single Family Homes and Townhomes all the way back to 2006 in several cities around the Bay Area. You may actually notice that it’s very comparable in the specific cities that are being measured and in many cases, Townhomes/Condos have out-performed Single Family Homes. The more important measurement isn’t whether you should pick between the two asset types but to pick in great locations. The city matters more. For example, if you bought a Townhome in Sunnyvale or Santa Clara in 2006, you would’ve done better than owning a Fremont Single Family home during that time.
https://docs.google.com/spreadsheets/...
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Or, call us today at (408)223-5493. You can also visit us at https://www.homesbyspencerhsu.com/
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My Background:
Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data, and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. 50 families have been helped in the last 15 months which positions me as a Top 1% Realtor.
Looking forward to helping you!
Spencer Hsu, MBA, Realtor
[email protected]
(408)223-5493 EXP Realty DRE 02077253
#bayarearealestate