Quote:
Originally Posted by Knalus
I would suggest - Don't. Just don't. Duplexes are a horrible way of building. You get less than half the value of a detached home. People build duplexes when they cannot afford a real home. So, what happens when you want to sell? You will be selling a less than new, less than fancy property, that is also less than a whole house. People buy these new "luxury" duplexes because they want something fancy and new. What happens when it isn't fancy and new? Then you are selling to people who cannot afford a less than fancy house. I am convinced the resale on these things is going to be much, much worse than comparable detached properties in 10-20 years. When that time does come, you'll have to fix the place up in order to sell it. But - now the roof is a shared roof, gotta get the neighbors permission/buy in to fix it. Perhaps you want to do new siding - same deal. And likely, the neighbor has moved into a REAL house, and is renting the other side out. Now you are selling a rental property, not a proper house.
This type of building is a recipe for turning a neighborhood into crap in 15 years. Please, just don't.
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Obviously detached homes are worth more than semi-detached homes; however, they are more expensive to build as you do not have a 'half' to sell once it is complete.
Resale value is going to be weaker than detached homes, but the lower price point will make it more marketable.
Also, there is no such thing a "real" houses.... they are just different styles of housing. Semi-detached homes make desirable neighbourhoods affordable.