If you’re exploring new construction options but prefer to avoid the upkeep of a large single-family home—or if you’re seeking a more affordable and manageable living solution—then a condo or townhome could be the ideal choice. These properties offer the advantages of low-maintenance living, allowing you to enjoy peace of mind without the burden of exterior maintenance, such as lawn care or roof upkeep. Today, we’ll explore the growing trend of condos and townhomes in Northern Kentucky, with a focus on Drees Homes Condos and Townhomes and their impressive offerings.
Why Condos and Townhomes Are Gaining Popularity
In Union, Kentucky, Drees Homes Condos and Townhomes is leading the way with their innovative approach to condos and townhomes. The company initially offered a variety of housing options, including single-family homes, patio homes, and condos, all within one division. However, as the demand for condos and townhomes increased, Drees Homes created a dedicated division to focus on these types of properties. This strategic shift allows the company to better address the needs and preferences of buyers seeking affordability, convenience, and minimal exterior maintenance.
As the cost of traditional single-family homes continues to rise, Drees Homes Condos and Townhomes have become an attractive option for first-time homebuyers, young professionals, and those looking to downsize. These homes offer all the benefits of homeownership with fewer concerns about ongoing maintenance.
Condo vs. Townhome: What’s the Difference?
It’s essential to understand the differences between condos and townhomes when shopping for a new home.
- Condos: Condominiums are typically stacked units, with some located on the first floor and others on the second. First-floor condos usually offer two bedrooms, while second-floor units typically feature three bedrooms. These condos are often built above garages, with each unit having a private entrance and an attached garage.
- Townhomes: Unlike condos, townhomes are side-by-side units, meaning there are no neighbors above or below you. The attached nature of townhomes provides residents with a greater sense of privacy, which can be harder to find in condos.
Price Points and Customization
One of the most appealing aspects of Drees Homes Condos and Townhomes is their affordability. Prices for condos in the region typically range from $265K to $345K, depending on the floor plan and finishes. Townhomes generally start around $350K, with some reaching the high $400Ks.
Pricing varies based on factors such as square footage, floor plans, and the finishes selected. Drees Homes Condos and Townhomes offer a variety of customization options, including choices for cabinetry, countertops, flooring, and more. Buyers have a limited window of about one month to select finishes, allowing them to personalize their home to suit their tastes.
Ideal for Downsizers, First-Time Buyers, and Snowbirds
These homes cater to a wide range of buyers. The low-maintenance nature of condos and townhomes makes them an excellent option for downsizers, including empty nesters or retirees. Many retirees, or “snowbirds,” are purchasing these homes as second properties. They invest in condos or townhomes in Northern Kentucky for the spring and summer months, while spending winters in warmer climates like Florida. The ability to lock up the home and leave without worrying about exterior maintenance adds an extra layer of convenience for these buyers.
First-time homebuyers also find these properties appealing. With prices starting below $350K, they offer the opportunity to purchase a new, modern home without the risks associated with older properties, such as aging roofs or HVAC systems. Additionally, new construction often comes with a one-year warranty, which covers minor settling issues or paint touch-ups, offering buyers peace of mind and protection from unexpected repair costs.
Where is Drees Homes Building?
Drees Homes is expanding its condo and townhome communities across Northern Kentucky, offering a variety of options in desirable locations. Some of the key areas where these homes are being built include:
- Harmony in Union: A community offering a mix of condos and townhomes, with just two buildings left in this phase.
- Union Promenade: A brand-new townhome community with easy access to shopping, dining, and entertainment.
- Florence: A large-scale community of 148 condos and townhomes with diverse floor plans and price points.
- Hebron: A combined condo, townhome, and patio home community.
- Alexandria, Batavia (OH), and Loveland (OH): Additional areas with upcoming condo and townhome developments.
- Covington: New floor plans are coming soon to this highly sought-after area.
Understanding HOA Fees and Community Amenities
While condos and townhomes offer low-maintenance living, it’s important to account for homeowners association (HOA) fees, which cover services like landscaping, snow removal, and exterior maintenance.
For example, the Harmony community in Union offers a range of amenities, including a pool, clubhouse, fitness center, parks, and a lake. The HOA fees here are higher—$264 per month and $260 quarterly for amenities—but residents enjoy access to these extensive facilities. In contrast, the Florence community offers more affordable HOA fees at $235 per month, covering water, sewer, building insurance, and exterior maintenance.
The choice of community depends on the amenities and services you value most. If you prefer access to fitness centers, walking trails, and lakes, you may be willing to pay a little more for those perks. On the other hand, if you’re looking for a more budget-friendly option with fewer amenities, Drees Homes offers options to meet a variety of needs.
Spotlight on the Ventura Floor Plan
A prime example of Drees Homes’ popular offerings is the Ventura floor plan, available in Union Promenade. This 2,500-square-foot townhome features vaulted ceilings, a loft, and a spacious kitchen with double ovens and a gas cooktop. The Ventura is priced in the low to mid $400K range, depending on the finishes selected.
For those who prefer not to have a basement, the Ventura offers a slab unit design, providing additional floor space without the added cost of a lower level. This makes it an appealing option for families or individuals who need extra space but prefer to avoid the maintenance associated with a basement.
Why Choose Drees Homes?
Drees Homes is at the forefront of affordable, low-maintenance living in Northern Kentucky. Whether you’re a first-time homebuyer, someone looking to downsize, or a snowbird seeking a second home, their condo and townhome offerings provide a variety of solutions to suit your needs.
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For more information on available units or to schedule a tour, contact Team Sztanyo at (513) 813-6293. Our team will connect you with a market manager to help you find the perfect home for your lifestyle.