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Northumberland Realty (1987) Ltd.

SINGLE FAMILY HOMES for sale

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For sale $389,999
71 Marion Drive, stratford, Prince Edward Island

71 Marion Drive

Stratford, Prince Edward Island

2 Bedroom 2 Bathroom
For sale $189,900
78 Jillian Street, summerside, Prince Edward Island

78 Jillian Street

Summerside, Prince Edward Island

3 Bedroom 1 Bathroom
For sale $188,800
2348 O'Leary Road, knutsford, Prince Edward Island

2348 O'leary Road

Knutsford, Prince Edward Island

3 Bedroom 1 Bathroom
For sale $325,000
7697 Route 12, ellerslie-bideford, Prince Edward Island

7697 Route 12

Ellerslie-Bideford, Prince Edward Island

4 Bedroom 2 Bathroom
For sale $699,000
20 Vista Street, charlottetown, Prince Edward Island

20 Vista Street

Charlottetown, Prince Edward Island

4 Bedroom 2 Bathroom
For sale $415,000
45 Alice Avenue, east royalty, Prince Edward Island

45 Alice Avenue

East Royalty, Prince Edward Island

2 Bedroom 2 Bathroom
For sale $415,000
101 Parent Street, east royalty, Prince Edward Island

101 Parent Street

East Royalty, Prince Edward Island

3 Bedroom 2 Bathroom
For sale $599,000
2 Humphrey Drive, stratford, Prince Edward Island

2 Humphrey Drive

Stratford, Prince Edward Island

4 Bedroom 3 Bathroom
For sale OPEN HOUSE $866,800
6 Falcon Drive, cornwall, Prince Edward Island

6 Falcon Drive

Cornwall, Prince Edward Island

4 Bedroom 4 Bathroom
For sale $449,000
1530 PALMER Road, st. louis, Prince Edward Island

1530 Palmer Road

St. Louis, Prince Edward Island

3 Bedroom 1 Bathroom
For sale $279,000
22 EAST ROYALTY Road, georgetown, Prince Edward Island

22 East Royalty Road

Georgetown, Prince Edward Island

4 Bedroom 2 Bathroom
For sale $479,000
26 MITCHELL Drive, stratford, Prince Edward Island

26 Mitchell Drive

Stratford, 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.