Which is not to say that they re cheap. But as Huzenis points out, foot by foot, townhouses are still the most affordable option. They allow buyers more space and privacy than condominiums, but without the maintenance headaches and high price tags of single-family houses. Location, location, location Single-family homes take up more space than either townhomes or condos and are by their nature less efficient from a builder s perspective. In most neighborhoods, then, it makes sense for builders to stack these units as close to the high end of the spectrum as they can.
Deals do exist, but they are exceedingly rare.
It encompasses four gated communities, which total 42 single-family homes and nine townhouses. Phase IV of the development features 13 single-family houses designed by Phillip Kupritz and Associates. It s fair to say that no comparable North Side deal exists, which brings us to the most important factor not only in starter homes but in all real estate location. New construction in popular well established neighborhoods obviously is more expensive than new houses in emerging neighborhoods. And the closer to the lake you are, the higher the prices get.