Category List

Apr 04, 2014

Raven Homes, Inc. is pleased to share with you one of its latest construction projects in process. Currently under construction in Northborough are two attached single family homes with a total of four units. Each unit is equipped with 3 bedrooms and 2 ½ baths with 1850 square feet of living space, and will soon be ready for move-in. Both building structures are similar in size and amenities, but designed a bit differently. One has two units side-by-side with street-facing front doors. The other home is front to back, with one unit’s entrance street-facing and the other around the back side.

With real estate picking back up, some people are even buying multi-unit homes as investment properties, hoping that eventually home values will appreciate. So whether you choose to buy one unit or both, these single family attached homes can be a great real estate investment. 

Some advantages or other things to consider:

• Offers excellent value
  

  These homes offer an affordable option for home buyers who are interested in a great community with excellent schools. Think about it. For about the same price you might pay for a single family detached home that is more than 40 years old and needs work, you will have a brand new home, a newly designed and appointed kitchen, efficient natural gas heating system with central air, 2×6 construction that provides for optimal insulating value, windows and doors that meet current and efficient code, and many amenities relevant  in 2014.

• Cost-effective alternative to renting
  

  With a relatively small down payment and factoring in your monthly expenses (principal, interest, taxes and insurance), your total cost of home ownership may be less than your cost of renting in this community.

• A perfect fit for many different lifestyles
  

  Whether you are single, renting, married with one income, middle-aged, or looking to simplify your life and downsize, these homes offer you a lot for less and can be a great alternative if you are not excited about condo or multi-unit townhouse living.

• As an investment, you get help paying the mortgage
  

  If you buy both units, you can live in one unit and collect rent from the tenants living in the other unit, which can help you pay off your mortgage.

• A feasible option for two families
  

  If you are a young family and looking to have your parents or in-laws nearby, this sort of living situation works well. You have your family members close by for support, but everyone maintains their independence and everyone has some privacy.

  While this housing style may not be right for all, it is certainly a consideration for many of the reasons cited here. If you are interested in these properties, please contact Raven Homes or pass it along to your friends and family who may find this to be a perfect arrangement for their lifestyle and needs.