A single-family home is a stand-alone structure, with open spaces on all four sides, and can accommodate one family, as opposed to multi-family properties, which are a collection of separate living spaces.
It is a single dwelling unit that provides direct access to a street or a main drag, with no shared facilities such as heating, cooling, or other essential services.
The advantages of buying a single-family home
Since the property consists of just a single dwelling, with no shared walls, you’ll be able to go about your daily business with no cares or worries. You can have peace of mind knowing that you have your privacy. Likewise, you won’t have to hear any neighborly noises, which allows for a more peaceful environment.
You’ll be free to express your individuality with your new space. You can paint the walls, decorate the rooms, and arrange the furniture any way you like. You can also undertake major remodeling and renovation projects as you wish. Likewise, you’ll be free to set your own house rules, deciding when and how to entertain guests, whether or not you’d like to keep pets, and so on.
Unless your home falls under a homeowners association (HOA), you won’t have to pay for maintenance and parking fees. As a homeowner, you’ll take sole responsibility for the care and maintenance of your property. You have the option of doing maintenance work yourself or hiring a professional.
- Resale value
Single-family homes generally have better resale value than attached units, which is a plus if you intend to sell the property after several years. Often, the resale value of attached homes partly depends on the worth and condition of the adjoining units, whereas professional landscaping and relevant upgrades can boost the value of a single-family home.
Homes for sale in Saratoga Springs, Albany, and The Adirondacks
Saratoga Springs real estate brings you a fantastic selection of single-family homes, many of which are well-preserved historic residences built in a wide range of Victorian architectural styles such as Queen Anne, Italianate, and Greek Revival. Buyers can also choose from an array of new construction homes.
Victorian architecture is also well represented in Albany’s collection of single-family homes. The state capital has over a dozen historic districts and homes range from brick rowhouses to wood frame houses.
In the Adirondacks, a single-family home can be anything from a cozy log cabin to a bungalow in a lakefront hamlet to an actual Great Camp or other luxury waterfront property.