Whenever it is time to move your residence to a new home, especially a townhome rental, it is important to do the right homework and evaluation so you can pick the best place for your new home for the foreseeable future. You will need to consider some basic details, such as the townhome's location in relation to your work, family life and other responsibilities, and its age or whether it is a new construction or newly renovated. The following are some recommendations to help you through the selection process of a great townhome.
Calculate Your Rental Budget
When you start the search for your next rental townhome, it is ideal to have a pretty good idea of what you can afford. This means you need to start out by calculating the regular expenses that will come out of your income and any new expenses you may incur with your new townhome rental.
Start by listing your usual expenses and costs, such as vehicle expenses, personal care, insurance, clothing, groceries, and entertainment. Then, look at the townhome and determine what expenses you will incur as a new tenant and if any of the costs will be included with your rent. Find out about utilities and which ones you will pay. For example, it is common for a tenant to be responsible for paying for electricity, gas, and internet. However, sometimes internet is included along with the water, sewer, and garbage pickup from the city. The landlord may include a water expense in addition to your rent, especially if the townhome has a yard where you can grow a garden, play water games in the summer, or wash your vehicle on the driveway, for example.
Check out if you will need to pay for any extra fees, such as pet maintenance, pest inspection, or common area maintenance, especially if the property has a pool or playground. Then, find out if parking is included in the townhome rental or if you need to park on the street, or if there is a parking spot garage rental nearby if the townhome is situated in an urban area.
Look at the Interior Features
Just as you need to calculate your budget for a townhome rental, evaluate the interior features of the rental as you make your decision. Look at the size of the kitchen and living space of the unit. Then, evaluate the number of bedrooms, their sizes, and the number of bathrooms in the unit.
Many townhomes will have a powder room on the main living level, then at least one more bathroom near the bedrooms. Consider if you might need more than one full bathroom for your household, such as if there are three or four individuals who will need to have a shower during the same time of day. You may also want to look at if there is a laundry area and its location, and if there is a garage attached to the townhome.
If you are looking for two-bedroom townhomes, contact a realtor in your area.