Single family home vs detached condo

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Matchalove

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Does anyone know the difference between single family home versus detached condo ? Does this impact resale ? Thank you .
 
Seriously? You don’t own the land in a condo. The Irvine detached condo is the greatest scam ever for builders. While they have appreciated the Irvine bubble has been a function of inorganic demand and those properties will suffer if/when inventory/demand trends reverse.
 
I thought it was just driveway.
I believe there are a lot of SFH after 2020, Eastwood, Orchard Hills and Portola Springs.
 
For detached condo, you own an interest of the land. For example, 4 condo units share a driveway, so the driveway land belongs to HOA, the rest is shared between the owners of the 4 units.
 
ddng said:
For detached condo, you own an interest of the land. For example, 4 condo units share a driveway, so the driveway land belongs to HOA, the rest is shared between the owners of the 4 units.
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Not necessarily true, in some detached condo tracts you own your own lot while in other you own a % of the entire area. If you see actually square footage for the lot on a detached condo listing then you own the lot. Having a driveway or not has nothing to do either a home is a detached condo or a single family home.
 
This home looks like a typical Detached Condo to me. But it is being listed as SFH. The garage is in the back with NO driveway. Did I miss something here? It can be seen as Detached Condo owning your own lot, but SFH?


www.zillow.com

253 Sawbuck, Irvine, CA 92618 | MLS #PW24116092 | Zillow

This 2289 square feet Single Family home has 4 bedrooms and 3 bathrooms. It is located at 253 Sawbuck, Irvine, CA.
www.zillow.com www.zillow.com
 
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