A Change of Place Upscale Attached Housing Appeals to Empty-Nesters and Others Who Want More Amenities and Less Work
Donovan, Deborah, Daily Herald (Arlington Heights, IL)
Byline: Deborah Donovan Daily Herald Real Estate Writer
Upscale attached homes are gaining popularity in the suburbs and in the city of Chicago.
We have defined these as units base priced at $150,000 or more as the Daily Herald Spring Home Show celebrates its second week. The homes can be town houses, duplexes with two units to a building or condominiums in mid- or high-rise buildings.
What is it about this lifestyle that attracts buyers who could easily afford to live in single-family homes?
Indeed, homeowners could spend $1 million or more on their attached homes in exclusive areas and some penthouse or top-level units in high-rises.
The homes can be very large, too, with three or more bedrooms and extras like dens or family rooms. Many communities offer choices of single-level or two-story homes. And even some condominium buildings have two-story units.
Maybe the attraction is what these homes don't have. Like grass to cut, sidewalks to shovel or eaves to paint. In many cases, these exterior maintenance chores are taken care of by homeowners associations.
Buyers who travel a lot for business or pleasure like the security of knowing their house is not standing alone in the middle of a large lot.
But attached or multi-family homes offer other pluses that can be difficult to find in single-family homes.
Location is one. If you want to live in an expensive area, multi-family or attached homes are usually much less expensive than single-family ones.
Upscale attached homes are available throughout the suburbs and in the city. …