Buying a Detached Home vs Town House in Sherwood, Oregon

If you’re a Realtor or client and are in the process of looking or know someone interested in purchasing a condo or town-home, check out this one level home JUST LISTED for sale in Sherwood, what an opportunity!

You can buy approximately 15% more home!

Have you considered what the payment would be on a home vs a condo or town-home?  Imagine applying a $180 HOA fee per month instead, to the payment of a detached home.  If you were going to buy a $200,000 town-house for instance, with a $180.00 monthly HOA fee, you could also potentially consider buying a detached home that offers a bigger lot, more home, flexibility of ownership and privacy in a residential neighborhood with little to “NO” HOA fee.  This scenario presents the same potential monthly payment to you in the end, even though the single family detached home may have a list price of lets say, $230,000 as opposed to the condo at $200,000.

TOWN-HOUSE/CONDO with $180 monthly HOA:
Town-house Price – $200,000
Down Payment – $0
Interest Rate – 3.5%
PITI – $1,408.09 per month

DETACHED HOUSE with NO monthly HOA:
House Price – $230,000
Down Payment – $0
Interest Rate – 3.5%
PITI – $1,416.68

What HOA Fees Cover:

For many, purhcasing a town-home or condo with an HOA does have its advantages.  Traditionally HOA fees can cover a variety of different things depending on the community, for example this can range from management, insurance, landscaping, garbage service, common areas, pools, park, green space, exterior maintenance such as roof, siding, paint or other.

Ready to discuss your options in further detail?

We realize that every client’s situation and need is unique, please contact The Gardner Team to discuss your real estate goals and the multitude of options that may be available to you. We look forward to being of service, discussing the market, showing you the Sherwood homes we’re proudly representing for sale or other homes and land in the surrounding Sherwood area that may be of interest to you.

Jason & Amber Gardner
971-832-1234 / jason@gardnerteam.net

Please take a moment to view this one level home JUST LISTED in Sherwood, OR.