Homes come in many shapes and configurations, and one type that’s popular with extended families or budding landlords is a duplex. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we have seen that they may be stacked one atop the other on separate floors, or they may be side by side with a shared wall. Rather than owning just one home, you own two and will likely cost more than a single-family home at the outset. However, if you rent out the other half, this revenue can drastically offset your expenses and potentially make duplex living cheaper than what you’d pay for a freestanding house. It’s a popular option for people who want to keep family members nearby or who want a steady income from a place that’s not too far away to manage. Check out below to see what sold in Dunbarton Pines in July 2016:
45273 Dunbarton Drive, Novi: 4 bedrooms, 2.1 bathrooms, 2,766 sq. feet, 2 car garage, Sold Price: $390,000
Unlike with a single-family residence, with a duplex you can deduct certain home expenses for maintenance and yardwork because it’s an income property. That can make upkeep easier to afford. For more information on Dunbarton Pines, or similar Northville or Novi neighborhoods such as Turtle Creek, Roma Ridge, Maple Hill, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.