HomeWHATWhat Is A Halfplex

What Is A Halfplex

Halfplex… duplex… they both look the same. But there is a difference. It starts with the dirt. When you own a piece of land, it has a parcel number. Typically each home has it’s own parcel number, which is it’s lot. A Duplex… has one parcel number…. it is one whole “home”, and can only be sold as one unit. So if you bought a duplex, you would get the other half along for the ride! The same owner owns the whole thing… always. There might be only one water meter, or one electrical meter, depending on how it was built. A halfplex… looks like a duplex, but it has 2 parcel numbers…. it’s actually 2 separate lots. So there are two different owners, or one owner might own them both. But the key is, that one side can be sold to someone else. Each side has it’s own utilities (water meter, electrical meter etc.). A duplex costs more (like twice as much) because you are getting twice as much. You control the entire unit and control the maintenance as well. So if one side needs a new roof, you make the decision to roof the entire thing. And when you paint, it ALL gets painted. The good news is you don’t have to argue with another owner, because you are it!With a halfplex, if you need to re-roof, you may or may not get the other side’s owner to re-roof at the same time. Or what if you want to paint a certain color? The other half may not agree. I’ve seen halfplexes where each side has a different roof type, and different, and contrasting, paint color schemes. It can get clown-like. And what if the other side gets termites, and won’t treat them? It can get complicated.Why do people buy halfplexes?… because they can get into them cheaper (close to half the cost of the entire duplex). They get the feeling of a home, usually with their own yard, but for less money than they would pay for a separate house. Still confused – let’s just go buy one and you’ll find out in a hurry what the difference is! flickr photo by battling apathy

&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&

Check out my other posts that might be of interest…..

HOME BUYERS AND SELLERS……….Buying a Home, Selling a Home, Loans, What Happens if….

LOCAL INFO…………………………… Fair Oaks, Carmichael, Sacramento, Folsom, Citrus Heights

ABOUT SALLY DUNBAR……………… How I learned to…., Personal stuff, My Wordless Photos

OTHER STUFF…………………………. Inspiration, Attitude, Humorous Stuff, Charity, the Economy

TECHNOLOGY, BLOGGING …………. Active Rain, Technology

RELATED ARTICLES

Most Popular

Recent Comments