Can't decide if a detached home or townhouse is the right move for you? You might want to try looking at it from a monthly cost perspective to help make your choice a little more clear.
In this video, REALTOR® Steve Karrasch of Macdonald Realty analyzes two recent sales in Cloverdale and what each would cost per month if you were to buy them today with 20% down.
Which do you think is the better buy? The end result might surprise you.
Also a correction, Steve says that you could buy the Townhouse with as little as 5% down and that is not true. Because of newer lending rules, you would have to come up with 6.9% as your minimum down payment.
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If you are looking for a better experience when selling or purchasing a home, contact us. We love providing an open and transparent line of communication in residential Real Estate transactions. Our team has deep roots in Surrey but also specialize in transactions across North Delta, Cloverdale and Langley.
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Cost Of Living In Surrey BC | House vs Townhouse
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