For example, a downtown three-bedroom townhouse might actually be a better investment option than the little two-bedroom house down the street. • Community: Townhouse living can also offer a similar sense of community to an apartment, but generally with more privacy and fewer neighbors. However, many homeowners would prefer to move into a condo or apartment, and there are many solid reasons for that, which we’ll take a look at in the following chapter.
Key Takeaway:
Thinking about where you would like to live when downsizing is a big decision, as there are many options to consider. We’ve looked at the benefits of choosing a smaller single-family home or a townhome, which can offer things like independence, privacy, pride in homeownership, space for family, and savings on utility bills.
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