Chattanooga is witnessing a significant uptick in the number of townhouses springing up across the city, changing the face of its residential landscape. The modern townhouse living is appealing to a broad demographic, offering amenities that cater to all stages of life, from young families to retirees. This trend is seen as an essential part of the local real estate equation and is set to reshape the city’s housing market.
One such development, the Townhomes at the Gateway in East Ridge, features units equipped with stainless-steel appliances and natural stone countertops. The mixed-use development is made more attractive by its proximity to CHI Memorial Stadium, home to the Chattanooga Red Wolves professional soccer team.
Apart from the above, the Cape Townhomes development overlooking Soddy Lake, despite being unfinished, has already attracted residents with diverse needs. From a retiree in need of a serene fishing spot to a young family desiring a quiet street for their child to ride his bike—the growing popularity of townhomes is evident.
Local real estate experts opine that the modern townhome’s appeal lies in its versatility. According to Wanda Hayton of The Source Real Estate Group, townhouses are a popular choice “no matter what age group or stage of life you’re in.” These homes are not only reasonably priced but come with added benefits such as an homeowner association (HOA) taking care of regular maintenance, providing a hassle-free living experience.
The appeal of townhouses is amplified by their comparable pricing to single-family homes, placing them as an advantageous alternative in the housing market. The inclusion of regular, outsourced maintenance frees the homeowner from chores like lawn cutting and repair tasks, thereby attracting an array of demographics with diverse needs.
Author: HERE News, Source: HERE News Network
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