I think you once told me that you would want something down in the southern metro by your work right? I would check out house/property values down there as well as what the townhomes are running for these days.
A house is the biggest purchase you will ever make. Unless you are purchasing a townhouse to OWN it eventually I would stay away from that. You will get a lot more out of owning a house financially. It is a little more work to keep it up but its worth it. You have a little more freedom with a house as far as noise goes, it is typically easier to raise a family in a house, and if you play the market right you can get a lot of out of it.
Our house in Big Lake should at least double in value in the next 5-6 years. Eventually when our family gets too big for it, we will sell it and build a bigger house with whatever we made on this one.
If you are not looking to play the market game and are looking to find a place to live, settle there for many years and have that be it then a townhouse may work well for you. Not as much freedom depending on your neighbors but oh well. If you are not planning on having a huge family a townhouse would work well. I am not sure what the interior/exterior responsibilities are in a townhouse but I am willing to be it would be less that in a house.
If you choose to build new you generally will not have as many problems with appliances or anything. If you do a lot of the times things will be covered by warranties. If you choose to buy an existing house it can be a lot of work, time, and money to fix things. Either way if you go the house route make sure you are dealing with people you can trust. I can get you contact information about the Chanhassen, Shakopee, Chaska area if you like... I think you said that is where you are looking.
My inlaws own a new home construction company and a real estate company up here and it would not take more than a few phone calls.
Another thing to consider about a townhouse around here is that if you get one, it will be harder to sell it than a house. I know a lot of people who are trying to sell townhouses and they generally seem more difficult to sell.
I know someone who is selling a very nice townhouse in Shakopee if you are interested.
A house is the biggest purchase you will ever make. Unless you are purchasing a townhouse to OWN it eventually I would stay away from that. You will get a lot more out of owning a house financially. It is a little more work to keep it up but its worth it. You have a little more freedom with a house as far as noise goes, it is typically easier to raise a family in a house, and if you play the market right you can get a lot of out of it.
Our house in Big Lake should at least double in value in the next 5-6 years. Eventually when our family gets too big for it, we will sell it and build a bigger house with whatever we made on this one.
If you are not looking to play the market game and are looking to find a place to live, settle there for many years and have that be it then a townhouse may work well for you. Not as much freedom depending on your neighbors but oh well. If you are not planning on having a huge family a townhouse would work well. I am not sure what the interior/exterior responsibilities are in a townhouse but I am willing to be it would be less that in a house.
If you choose to build new you generally will not have as many problems with appliances or anything. If you do a lot of the times things will be covered by warranties. If you choose to buy an existing house it can be a lot of work, time, and money to fix things. Either way if you go the house route make sure you are dealing with people you can trust. I can get you contact information about the Chanhassen, Shakopee, Chaska area if you like... I think you said that is where you are looking.
My inlaws own a new home construction company and a real estate company up here and it would not take more than a few phone calls.
Another thing to consider about a townhouse around here is that if you get one, it will be harder to sell it than a house. I know a lot of people who are trying to sell townhouses and they generally seem more difficult to sell.
I know someone who is selling a very nice townhouse in Shakopee if you are interested.
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