02/27/2025
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Affordability remains the top priority for many homebuyers, and townhomes have become an attractive option because they are often priced more reasonably than single-family homes.
💡 New townhomes are priced about 12% lower than other types of newly built homes across the country.
80% of master plan developers (those who design and develop large-scale communities) are adjusting their plans to address housing affordability. Here's how 👇
1️⃣ Smaller lot sizes for detached homes, reducing costs and making them more attainable.
2️⃣ More attached homes like townhomes, offering affordable options by maximizing land use with shared walls.
Townhomes are a great option for first-time buyers and young professionals who want to get into the housing market without the financial strain of purchasing a large single-family home.
STORY: https://rltor.cm/j1p7zj