When looking for a patio home for sale, many are considering a more maintenance-free lifestyle. Patio homes are becoming more and more popular around Louisville KY. A good question to ask yourself is, what should I consider when buying a patio home?
Some local associations have a monthly maintenance fee or an HOA fee that covers a wide variety of amenities. It is recommended before choosing a specific patio home, you find out more about the neighborhood association. Discover what the bylaws and restrictions are and how they fit with your lifestyle or living arrangements. Find out how much the maintenance fee is and if there is a set annual increase.
The Venerable 1400 Willow Is The Closest Thing To Nyc In The Bluegrass. If You've Been Waiting For That Hard To Find Unit That Finally Hits The Market Under $500k, Today Is Your Lucky Day! This 2 Br/2 Ba Unit Comes With A View Of An Iconic Bardst...
Spring Arbor Is Located In A Community Of 64 Patio Homes The Large Kitchen Has White Cabinets And Room For An Island Or Kitchen Table. Open Floor Plan With Hardwood In The Dining Room And Hall. Two Generous Sized Bedrooms, A Master And Guest Bedro...
Immaculate 4 Year Old Home In Search Of New Owner. Located In The Very Desirable Ferncreek Neighborhood Of Cedar Creek Gardens. This 3 Bedroom, 2 Full Bath ~ All Brick~ Home Features A Large Entry Foyer W/ Elegant Glass Entry Door And Sidelights. ...
Keller Williams Realty- Louisville
5800 Coach Gate Wynde 281, Louisville, KY - $192,000
Don't Miss Out On This Rare Opportunity To Own A Beautiful Condominium In The Coach Gate Community! This Spacious Unit Has Brand New Carpet And The Interior Walls Have Been Freshly Painted. All Light Fixtures Have Been Updated And Replaced With E...
One Owner Patio Home With Great View And Very Private. The Sunroom Has A Beautiful View Of The Wooded Area. This Is Only One Of 8 Walk-out Lower Level Homes With Approx. 2200 Sq.ft. On Main Level. The Walk-out Lower Level Is Finished With Plenty O...
1409 Mockingbird Terrace Dr 101, Louisville, KY - $349,900
Sophisticated Elegance...this Spacious First Floor Suite Is Located In The Prestigious Mockingbird Valley Area Offering Luxurious, Secure Living In An Outstanding Location. Close To I-71, 64 & 65, Downtown, Bike Paths, Shopping, Restaurants, The R...
This Conveniently Located Patio Home Just Off Hurstbourne Parkway Is A Must Ssee!!!the Eat In Kitchen With All New Appliances, Opens To A Beautiful Dinning Area And Family Room With A Fire Place. There Is A Large Deck Off The Family Room Great Fo...
Welcome To 4125 Browns Ln. #126! You Will Enjoy Calling This Centrally Located, First Floor, Spacious 2 Bedroom, 2 Bath, Condo Home! The Kitchen Has Been Updated With Stainless Appliances And Granite Countertops And Opens To An Expansive Dining ...
18,000 Below Value Plus A 5,000 Dollar Flooring Credit At Closing!!!this Two Bedroom/two Full Bath Condo Is The Perfect Location For Anyone With An Active Lifestyle. With Excellent Parks And An Infinite Number Of Restaurants And Bars Within Walki...
An Outstanding Patio Home In An Outstanding Community. The Gardens At Dorsey Has Professionally Manicured Landscaping, Well Maintained Structures And Streets. Entering The Great Room You'll Notice Vaulted Ceilings, Laminate Hardwood Flooring And G...
Look No Further! Come See This Gorgeously Updated Condo In The Cherokee Triangle. This Large Unit Is Filled With Natural Light That Pours In Through The Many Windows Filled With Views Of Cherokee Park And Landscaping Of The Condo. Hardwood Floors,...
Living in a patio home in Louisville KY is becoming more and more of a growing trend. Residents of the area and even individuals relocating here are looking for a more maintenance-free lifestyle that features great amenities. Living in a patio, homes offers owners to have access to a pool, tennis courts, and even living closer to popular nearby attractions and local shops.
Many new buyers are looking to live closer to the Downtown Louisville area to take advantage of the popular restaurants, fantastic shops and all the other great attractions here in the city that will be just at their doorstep.
If you have any questions about a Louisville patio home for sale, feel free to contact us today.
Pros and Cons: Buying a Louisville KY Patio Home
Pros of Living in a Patio Home
As you may know, there are a lot of benefits to owning a patio home in the Louisville area. Below we highlight some of the benefits to owning one in Louisville.
Easy to Maintain- Patio homes in Louisville KY are typically easier to maintain. When owning one, you are not responsible for any yard work, roof repair/gutters and groundskeeping around the development.
Location- When looking for patio homes for sale in Louisville KY you will notice that majority of them will be located in a prime location.
Security- Many of the patio homes in Louisville offer additional security. Ranging from private parking, security cameras, gated entrances, and some even feature a keypad controlled access.
Service & Amenities- Many Patio homes for sale offer fantastic amenities to the residents. Enjoy access to the community pool, tennis courts, workout facilities and more.
Neighbors- Living in a patio home in Louisville is a great way to meet other local neighbors. Some developments have common grounds to meet and conversate with other residents.
Cons of Living in a Patio Home
Unfortunately, there are some drawbacks when it comes to owning a patio home in Louisville. Below are some of the negatives that may come when becoming an owner of one.
Monthly Maintenance Fees- Your monthly maintenance fee or HOA fee is an expense that goes towards the day to day operational cost of running the community. From snow removal, grounds keeping, master insurance, upkeep of amenities, and more.
Privacy- When it comes to living in a patio home development you will notice that you do not have the equal amount of privacy compared to living in a single-family home.
Harder to Sell- Patio homes statistically take longer to sell in the Louisville real estate market. Mainly because the demand is lower and also because of financing barriers that come along with certain patio home communities (ex: FHA/VA approved).
Appreciation- Patio homes in Louisville KY do not necessarily appreciate at the same pace as compared to a home in Louisville.
Louisville Patio Homes vs Louisville Condominiums
Understanding the difference between a patio home and a condominium. A patio home is similar to a single-family home or townhome where the developer has built a cluster of patio homes in most instances have shared walls. Sometimes a patio home or townhome may also be in the same category as a condo because they may offer the same features.
A condo in most instances is simply a type of ownership where you are expected to pay a monthly maintenance fee and abide by the condo bylaws that in place. Condos are similar to apartment buildings if you are looking for architectural style comparison. The difference is that you, as an owner, own the interior space of the condo and share ownership of the common areas. You do not, however, own the land that the condo building is situated on and the amenities.
Garretts Realty Group can help you find the perfect patio home. To improve your results consider adjusting your Louisville KY real estate search results, try sorting by new listings first, sort by price, or even change the property type. If you need additional information, one of our top Louisville Realtors® can help you find the perfect property.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Coldwell Banker McMahan Co. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.