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Townhomes and Condos

I am seeing more buyers looking for condos and townhomes that in the past. I don't know if this is unique to Savannah real estate or if others across the country are experiencing this trend. Most of the buyers looking for townhomes or condos are baby boomers who are downsizing and looking for properties with less maintenance needs.

I think the complexes and amenities play a part, too. Being in a close knit community seems to be more important than isolation and privacy. Another motivating factor here in Savannah is being close to downtown. It's easier to find something affordable downtown in the form of a condo or townhome. It's also easier to leave and travel if you have a townhome/condo -- just lock and leave.

This need was obviously anticipated by investors/builders because there are plenty of options available in Savannah at this point. Many of the older buildings are being converted to condos and a lot of the new construction is townhome construction. Just about every new development around Savannah has a townhome component, a section of the development dedicated to less pricey townhomes.

I have to say there are appealing aspects to townhome/condo living. It's less trouble and maintenace free lifestyle is attractive. Being close to downtown Savannah is also appealing now that the downton area has begun to offer so much entertainment, enjoyment and interesting scenery. I suspect this trend will increase as baby boomer movement increases.

Published Friday, August 1, 2008 9:00 PM by Mike Farmer


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