CHAPTER3 Single-Family House or Townhouse This chapter will focus on the option of moving into a single- family house or a townhouse. I’m going to discuss five benefits of choosing this type of living situation: 1) independence; 2) personalized space; 3) homeownership pride; 4) space for company; and 5) utility savings.
1. You can maintain your independence.
Many longtime homeowners who are considering a move don’t want to sacrifice the independence of owning, maintaining, and living in their homes. This is especially true for new empty nesters or those nearing retirement. If you’re not ready to give up the independence of living in your own home, then a different single-family home or a townhome might be the right choice for you. In many cases, this home will have less square footage than the home you currently own, but as I pointed out in the previous chapter, it may also just be a different type of home — for example, a 1-story home as opposed to a 2-story home, even if it has similar square footage. But for the sake of this chapter, we’re going to assume the home is a smaller size.
2. You can create your own personalized space.
If you choose another house or townhouse for your new home, rather than a condo, apartment, or community living space, think of this as your chance for a fresh start in a new home! You can 18
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