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Northumberland Realty (1987) Ltd.

SINGLE FAMILY HOMES for sale

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For sale $325,000
1196 Green Meadows Road, morell, Prince Edward Island

1196 Green Meadows Road

Morell, Prince Edward Island

4 Bedroom 2 Bathroom
For sale $714,900
20 Southampton Drive, stratford, Prince Edward Island

20 Southampton Drive

Stratford, Prince Edward Island

5 Bedroom 4 Bathroom
For sale $155,000
2631 Trans Canada Highway, flat river, Prince Edward Island

2631 Trans Canada Highway

Flat River, Prince Edward Island

2 Bedroom 1 Bathroom
For sale $469,000
17 Darrach Street, charlottetown, Prince Edward Island

17 Darrach Street

Charlottetown, Prince Edward Island

4 Bedroom 2 Bathroom
For sale $183,500
26 Cameron Avenue, summerside, Prince Edward Island

26 Cameron Avenue

Summerside, Prince Edward Island

3 Bedroom 2 Bathroom
For sale $499,000
28 Alice Avenue, east royalty, Prince Edward Island

28 Alice Avenue

East Royalty, Prince Edward Island

3 Bedroom 2 Bathroom
For sale $639,000
365 Norman Drive, summerside, Prince Edward Island

365 Norman Drive

Summerside, Prince Edward Island

4 Bedroom 3 Bathroom
For sale $349,000
302 PATTERSON Drive, charlottetown, Prince Edward Island

302 Patterson Drive

Charlottetown, Prince Edward Island

4 Bedroom 1 Bathroom
For sale $499,000
40 Acorn Drive, cascumpec, Prince Edward Island

40 Acorn Drive

Cascumpec, Prince Edward Island

3 Bedroom 2 Bathroom
For sale $183,000
567 Kelvin Road|Route 109, kensington, Prince Edward Island

567 Kelvin Road, Route 109

Kensington, Prince Edward Island

3 Bedroom 2 Bathroom
For sale $499,900
19 Cherry Lane, new london, Prince Edward Island

19 Cherry Lane

New London, Prince Edward Island

5 Bedroom 4 Bathroom
For sale $275,000
431 Main Street, o'leary, Prince Edward Island

431 Main Street

O'leary, Prince Edward Island

4 Bedroom 2 Bathroom

What is a SINGLE FAMILY HOME? The phrase single family home is used and everyone takes for granted that they know what it means, but while you may know what it means generally, a home for one family, there are legal definitions too.

Generally a single family home is defined as “a structure maintained and used as a single dwelling unit” and additionally has the following characteristics.

  • No common walls or roof
  • Built on its own legal building lot or land parcel
  • Private entrance
  • Its own single set of utility accounts
  • A single kitchen

 

ADVANTAGES OF A SINGLE FAMILY HOME

  • Privacy: built on its own land, you will likely have some space between you and your neighbours. Additionally you may build a fence if required, remember “good fences make good neighbours.”
  • Extra Space: you will likely have extra space for storage. Your home may have an attic or basement.
  • Freedom to Renovate: while it is possible to renovate townhomes and condos, these buildings will usually have an extra layer of bureaucracy – an HOA or Home Owners Association. Some subdivisions also have HOA’s but they generally only have a say in renovations if they affect the outside of the home. If you have a single family dwelling you can most likely renovate with only certain building permits and inspections required by your city.

 

DISADVANTAGES OF A SINGLE FAMILY HOME

  • Maintenance: single family home ownership means that you are solely responsible for all home maintenance.
  • Price: generally single family homes are more expensive to purchase than condos as a single family home sits on its own property, and does not share this cost or the cost of roofing, walls and other structural elements.
  • Common Amenities: some condo property have common amenities such as pools, gyms, clubhouses etc. Single family homes do not generally have these and if they do the owner is solely responsible for their upkeep, unlike a condo where the condo association will manage the upkeep and divide the cost.