Kelowna Townhouse Living
Townhomes are popular with new home buyers and empty nesters. A Townhouse is defined as a home in a strata complex that has its own outside entrance. It could be attached to another unit or unattached and stand-alone but located in a walled community. Some of the advantages of townhouse or strata living are the outside of the building is maintained by the strata so in most strata complexes there is one gardener to maintain the gardens and landscaping.
Living in strata will require that monthly strata fee are payable by all people living in the complex and the money is used to maintain the grounds, roads, caretaker, outside utilities, and any exercise facilities or amenities such as swimming pools and hot tubs. Townhomes for sale are located on the waterfront, with lake views, on golf courses, and in neighborhood communities. Some of these complexes will have regulations or bylaws for pet restrictions and/ or age restrictions. By requesting a copy of the bylaws before you purchase you can see what the bylaws are for each property.
The strata council elected by the owners will oversee the running of the affairs and for each strata council meeting, there will be written minutes. All the owners have access to these minutes and the financial statements. It is advisable that a buyer also request these documents for the past 2 years when they make an offer on a property in strata.
There are townhouse complexes located in almost every neighborhood in the city and range in price from $400,000 to $3,500,000.
Condo VS Townhome
The main difference between a condo and a townhome is the entrance. A Townhouse has an outdoor entrance and often a small yard space. and can feel more like living in a house without the outside maintenance responsibilities. Condos will have a common main entrance and you will enter your residence door from a common hallway.