These different types of choices are good and bad, because everyone's needs may be completely different at different stages of life, and unmarried young people may like apartments in the city; Having children after marriage may prefer an independent house; You may envy the retirement apartment for the elderly, because such a community is quiet and has various facilities to facilitate the daily life of the elderly.
Independent residence
Single-family residence This is the most common type of residence in America. Take New York State for example. Outside the bustling isle of man, this type of house accounts for almost a large proportion. There are different classifications of detached houses, such as attached single-family houses and detached single-family houses.
1, with single-family residence
Attached detached house is what we call two bedrooms. Two houses have a common wall, but each house has its own house number.
2. Independent single-family house
Single-family villa This kind of house is an independent courtyard, usually with its own driveway, garage and yard. Housing owners have full ownership of land and houses, but they are also responsible for maintaining their own courtyards and properties. For example, in snowy days, you should shovel the snow from your driveway in time and water or trim the flowers and plants in the yard.
Advantages of villas
The advantages of villas are obvious. They have permanent property rights over the real estate on the ground and the land where they live. Generally speaking, single-family villas are the first choice for foreigners with less supply but abundant funds.
First of all, the living environment of a single-family villa is best to have its own independent garden and parking garage, and there is no need to pay property fees. All matters related to house modeling, courtyard improvement and facilities construction are decided by the owners themselves. Land is a scarce resource. Single-family villas have a large room for natural appreciation of land property rights.
Disadvantages of villa
However, single-family villas also have shortcomings, and their high prices have high requirements for buyers. If you don't live in a villa, it is not easy to rent it, and it is often in the state of "empty rent", so the independent villa presents negative cash flow. In addition, the villa has a large area of garden, garage, swimming pool, basement and residence, and its maintenance cost is high.
Therefore, villas are more suitable for self-occupation and are the first choice for property buyers with strong financial strength. It is difficult for villas to cover monthly payments by rent. Villa is also suitable for buyers who pay attention to the appreciation potential of assets. Although there is negative cash flow in the short and medium term, in the long run, the appreciation potential of villas is the highest among all housing types.
Townhouse
As can be seen from the literal meaning, a townhouse is composed of one or several villas with the same wall. Each house (family) has 2-3 floors of housing space, and water, electricity and gas are completely isolated from other families. This kind of house is equivalent to a combination of a house and an apartment. The ownership of the townhouse belongs to the owner. Some townhouses will have their own courtyards and garages, but some don't.
The price of townhouses is between apartments and single-family villas. Land ownership has a certain area, and the owner has a certain appreciation space. A few townhouses can balance the rent, but overall, the rental yield is far less than that of apartments.
A townhouse is similar to an apartment villa, both of which have their own characteristics. Moderate price, with partial land ownership, suitable for users who want to benefit from the appreciation of real estate and obtain certain rental income.
flat
If you are a young man who loves city life, it is your best choice if you don't want to live in a quiet small country apartment. Apartment facilities in America are perfect. Most apartments have laundry, heating, air conditioning, gym, swimming pool, parking lot, doorman, and even a convenience store around the chapel. Living in an apartment is very convenient and worry-free.
The ownership of an apartment can be a company or an individual. Company-style apartments are usually managed by companies. These apartments are not for sale, only for rent. The personal form of an apartment is that an individual obtains the ownership of the apartment through buying and selling. This kind of house can be put on the market for rent or sale, or you can live by yourself. Living in an apartment requires you to pay a certain management fee to the management company every year or every month.
Advantages of the apartment
Apartments have many advantages. First, the price is cheaper than the villa, which is suitable for middle-class families to invest. Then the main rental demand is provided by the apartment, so it is easy for the apartment to find tenants, so it can be "rented by rent", that is, the monthly rent is used to repay the mortgage. This also makes the rental return rate of apartments worth looking forward to. In foreign countries, the annual rental return rate is usually above 5%, which is a positive cash flow investment method. In addition, apartments are mostly located in urban areas or near schools, which is more convenient than suburban villas.
Apartment shortage
But apartments also have their own weaknesses, and the appreciation space is smaller and slower than that of single-family villas with land. Secondly, you need to pay the property fee every year. There is no complete land property right, only enjoy your own part. In addition, apartments in urban areas are also prone to lack of parking spaces.
Generally speaking, apartments are more suitable for friends who like positive cash flow and use leverage to invest. With a down payment of 30-50%, you can own the full property rights of the house, and earn positive cash flow every month after paying the monthly rent and mortgage.
There is a famous saying in the real estate industry, "lots, lots, lots", especially in apartments. Generally speaking, as long as the apartment is located within an 8-minute walking distance around the school, the city center or the bus station, it is of great investment value, and often it can get a higher rental return rate and a certain appreciation space.
flat
There is no difference in appearance between an apartment and an apartment. Apartments are just the form of housing property rights, not the type of housing. The ownership of the apartment belongs to the individual (the owner) rather than the real estate company, so the owner needs to pay real estate tax every year.
So if you rent an apartment, you usually sign a lease contract with the owner instead of the real estate company. Of course, the whole building will still be entrusted to the property management company for maintenance. If you live or rent an apartment, if you want to improve the interior or balcony of the house, you must get the consent of the property management company.
The difference between an apartment and an apartment
Hotel-style apartments and condominiums are similar in appearance, because there are many families in one building, but what's the difference between them? The differences between the two are also listed here.
As a private apartment, the difference between Condo and serviced apartment mainly lies in the difference of property rights rather than the difference of appearance. For example, in an apartment, every household has its own property rights, and every apartment has different owners. Generally speaking, the whole apartment building can be owned by a company or an individual, and the general landlord can rent it, but it can't be sold as a single set, but only as a whole.
It is precisely because of the different property rights that other subtle differences between Condo and Apartment are caused. For example, every household in Condo has its own water and electricity meter, just like ordinary residential quarters in China. Apartments generally have a unified water supply system, and the water fee is shared equally by the users, but the electricity fee is paid by the tenants themselves.