We have been told that this is the time to find houses heavily discounted. For example, park residents are often different than those in other real estate niches. Firstly, single family homes have more appreciation in value and are more resistant to down markets than multifamily dwellings. Sometimes duplexes have a single deed and therefore the property is owned by one person (or is co-owned).
Aside from that, if you plan to have these condo units as your temporary shelter or vacation house then you can also opt to rent the place when you are not around; giving you potential income. The renters on the other side are not only paying your mortgage, they are helping you build equity in your property.
No homes match your current search. There are 481 houses for sale in Halifax, NS. With Point2 Homes, you can easily browse through Halifax, NS single family homes for sale, townhomes, condos and commercial properties, and quickly get a general perspective of the real estate prices.
Although foreclosed duplexes for sale often sell below market value, you should make sure the property meets your need before signing on the dotted line. Duplex houses are homes that look like a normal home on the outside, but are actually separated on the inside into two different homes.
It’s also a great source to find duplexes for sale by owner. While Zillow and HotPads will never be go-to tools for commercial real estate professionals , they can certainly be paired with other platforms—both on and off-market—to create a more immersive understanding of the market.