RSS

Half Duplexes are a great alternative to a townhome

After almost 7 years in the industry, I have never officially sold a true half duplex outside of a townhouse complex until today.  I am glad to have had the opportunity to learn all that I can about them and I now have a new respect for them.  As an alternate to a townhome complex or a detached home, I love that new home buyers can still get one for a reasonable price and actually get a decent sized yard.  As of today's market, in the Fraser Valley, the price points for many of them still fall under the threshold price for a first time home buyers property transfer tax exemption.  What a great alternative for a better investment for long term appreciation, freedom from strata councils and extra fees compared to a condo ot townhome complex.  You actually own half interest in the land, which is much more substantial than in a complex and you get a say in how you want to use it.   These wil be a future suggestion for all my buyers out there from now on.  Of course, you will want to have a good relationship with the other half, but same goes in any home purchasing situation.