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.
One Of Only Four Luxurious Riverfront Units In Sought-after Glenview Villa, This Fabulous, Fully Renovated Property Features Incredible Views And Wonderful Updates. Your Private Elevator Opens Into The Welcoming Foyer. Your Eye Is Immediately Draw...
Welcome To 430 Turnberry Lane In The Villas Of Fairway Crossing. Gorgeous All-brick Patio Home Offers 2 Bedrooms/2 Full Bathrooms, A Large Craft/hobby Room, And A Spacious Open Floor Plan Between The Kitchen And Great Room. Great Room Features A F...
Come See This Spacious, Well-maintained Condo In Indian Hills Village. This 3 Bedroom, 3 1/2 Bathroom Home Features Lovely Hardwood And Crown Molding Throughout The First Floor. Entering The Foyer, You're Drawn Into A Living Room With A Large Fron...
Kentucky Select Properties
222 E Witherspoon St 807, Louisville, KY - $500,000
What A View!! This Is Your Opportunity To Have One Of The Best Views In Louisville From Your Private Balcony! This Open 2-bedroom 2 Bath Condominium Is Sure To Please Even The Most Discriminating Buyer. The Current Owners Have Opened The Floor Pla...
You'll Find Beautiful Millwork, Gleaming Hardwood, A Gracious, Curved Staircase And A Fresh New Look In This Indian Hills Townhome. The Living Room Is Light-filled And Opens To A Very Private Deck That Is Perfect For Enjoying Al Fresco Dining. The...
Welcome Home To This Luxury Patio Home Conveniently Located In The Ivy Ridge Subdivision. This 2 Bedrooms 2 Full Baths Home Features A Must-see Florida Room, Large Family Room With A Fireplace, A Dining Area And A Nice Kitchen With Granite Counter...
This Extensively Remodeled 1st Floor Condo Is Located In A Convenient Location Near Everything You Need. It Includes All New Appliances, Microwave, Dishwasher, Refrigerator, And Stove. Granite Counter Tops In Kitchen And The 2 Bathrooms. New Hardw...
Gallavin & Associates
10035 Chenoweth Vista Way, Louisville, KY - $154,900
Welcome Home To This Meticulously Maintained, Two Bedroom, Two Full Bath Patio-home In The Desirable And Quiet Community Of Chenoweth Park. Enter This Beautiful, No-step Entry Home Into A Spacious Living Area With Trey Ceilings, Crown Molding, An...
Open House Saturday, April 20: 1-3pm!! Just When You Thought Life Couldn't Get Any Better By Living In The Wonderful Village Of Spring Meadows Community, This Stunning Condo Hits The Market And Life Will Never Be The Same! These Lovely Homes Sel...
Kentucky Select Properties
185 Michelle Drive B, Shepherdsville, KY - $184,900
Easy Living In This 2bdrm/2bath Newly Remodeled Home Located In The Greens Of Heritage Hills Golf Course Community! The Foyer Opens Into The Great Room With 12' Vaulted Ceilings & Gas Fireplace. The Kitchen Has Large Bar & New Stainless Steel Appl...
Welcome To 9012 Fawn Court! This Lovely Condominium Is Move-in Ready! Located In A Beautiful Community With Easy Access To All Ends Of Town. 2 Bedrooms, Each With It's Own Full Bath And Walk-in Closet. The Kitchen Features Stainless Steel Applianc...
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.