What is a patio home?

A patio home, sometimes called a garden home or cluster home, is a type of single-family dwelling characterized by its compact size and close proximity to neighboring homes. Here's some key information:

• Definition and Characteristics: Patio homes are typically one-story or single-level homes, built on smaller lots than traditional single-family homes. They often share common walls or are situated very close to each other. A defining feature is the presence of a private outdoor space, such as a patio or courtyard.

• Common Features: You will find features such as low-maintenance landscaping, shared amenities (like pools or clubhouses), and exterior maintenance often handled by a homeowner's association (HOA).

• HOA Considerations: An important element is the role of the homeowner's association, which usually manages exterior upkeep, common areas, and enforces community rules. HOA fees are a common expense.

• Benefits of Patio Homes: Some advantages include affordability compared to larger single-family homes, low-maintenance living, and a sense of community. They are often attractive to retirees, empty-nesters, and first-time homebuyers.

• Potential Drawbacks: Potential downsides include less privacy due to closer proximity to neighbors, HOA fees and restrictions, and potentially limited customization options for the exterior.

• Resale Value: The resale value of a patio home is influenced by factors such as location, condition, amenities, and the overall real estate market.