Townhomes, condominiums, patio homes, and villas are becoming more popular in the Kansas City area. We are just starting to hear the term "carriage home" used also. Many people enjoy the carefree lifestyle in a maintenance-provided community. Amenities like pools, tennis courts, club houses, exercise facilities, and walking trails are frequently available.
Please use the items shown under the Patio Homes, Condos... menu to quickly locate these types of homes.
Condos, patio homes, villas, and town houses vary widely in their homes association fees. These fees are usually reflective of the amenities and maintenance provided in the community. Some home owners associations (HOAs) only do exterior maintenance like lawn mowing and painting. Others may maintain the heating and cooling systems and even include some utilities like water and gas.
HOA fees run from $150 to $500+ per month, on average.
You should also review the homes association documents to ensure that their covenants and restrictions work well for your situation. For example, some HOAs do not permit fences; others do not permit rentals. An experienced real estate agent can advise you, and The Larson Team has that experience!
Financing, in general, can be a little tricky on maintenance-provided homes. It is imperative to have a lender who is knowledgeable in this area and won't mess up your deal. If you desire FHA financing, make sure the units you are looking at are FHA approved by using the link below. This link goes to a website developed by the U.S. Department of Housing and Urban Development. https://entp.hud.gov/idapp/html/condlook.cfm.
Hey! What's the difference between a condo, patio home, townhouse, or villa?