Townhouses, also known as semi-detached homes, half-duplexes, or semi-detached villas, refer to a row of houses resembling single houses but are connected to each other, with each unit sharing at least one wall with its neighboring unit. A townhouse usually has a common area that is accessible to all but requires little effort to maintain. Because of this, townhouses are popular among families with elders and children; it is a popular type of housing in modern cities.
The earliest Townhouse was built in ancient Rome. When the Americans did not have their own urban buildings, ancient Rome’s townhouses were “flown” to the United States and immediately met the American nouveau riche’s adoration and demand for high-quality homes.
Townhouses are the intermediate form of apartments and villas. Due to the high density and high floor-area ratio of urban lands, there are many forms of apartments, including multi-story, medium-rise, high-rise, tower, slab, and butterfly. They are usually the primary residence. On the other hand, single houses have low densities, low floor-area ratios, large private gardens, and strong privacy. Townhouses have lower densities, smaller (but still present) gardens, and provide a high-quality living experience. The price is also somewhere between apartments and single houses, which is suitable for a larger population of people with moderate purchasing powers. Townhouses can be either a primary or a secondary home. There are primarily three types of townhouses: double-stitching (two connected buildings), stacking (for example, household A occupies level one and the eastern half of level two, while household B occupies level three and the western half of level two; there is a staircase that directly from the courtyard to the second floor), and row (three or more connected houses).
Five Considerations for Townhouse Development
I. Project Feasibility Research and Analysis
What is the government’s planning commission’s arrangements for the land? Are construction projects such as townhouses eligible for approval? Are there any restrictions – is the original building is a historical heritage protection project, or are there special regulations and restrictions on floods and vegetation for the land? These factors may cause uncertainties in the development of the project.
You will need to hire a city planner to determine what is practical to do. Before that, you should do some research on the city’s planning commission’s development plans as preliminary planning. The more you know, the more you help your city planner.
Don’t forget to discuss water supply and drainage issues with your civil engineers.
Your architect also needs to be involved in the early stages to research the operating restrictions of the land.
Just because the plot has development potential does not mean that the project will be profitable. In fact, many projects have proven to be not unideal business ventures. The only way to ensure success is to utilize the feedback from city planners, civil engineers and other consultants to determine the estimated cost of development.
II. Project approval (DA):
After ensuring the project’s feasibility, you also need to obtain advice from any or all of the following experts:
The time of approval may vary vastly depending on the project. More specifically, it depends on whether the application complies with all laws, and the number of projects involved.
III. Building Permit (BA):
A project license permits you to build, but not how to build. The building permit is an important detail that inspects the level of engineering, and is determined by what type of foundation is used. For example, if concrete is used as the foundation, it determines (based on specific data) what steel bars you should use, how and where to place electrics and lighting, etc.
Scope of Work(SoW):
The items listed below need to be treated with great care because each small project has its own unique characteristics.
Quality of fixtures and accessories
Kitchen and cabinets
Carpets, tiles and floors
Faucet and bathroom
Provisional Cost (PC) project
Design and Construction (DnC)
Your profits are not actually in your pockets until the project is completed. Please ensure that the project has obtained pre-sale and transfer qualifications.
While pre-sales can reduce risks, they affect profitability in most cases. As these factors add up, your expected profits will likely change through time. After-sales services are often more attainable than pre-sales services, because buyers may attempt to decorate their new homes after seeing the interiors of their properties.