Tuesday, July 3, 2018

Pros and Cons of Renting (or Buying) a Garden Apartment

If you're looking to save some money by renting or buying a garden apartment, it's not a bad idea. There are many advantages to this type of unit, but of course, there are also some drawbacks. In the interest of helping you make an informed decision, I decided to pick the brain of a real estate professional for all the pros and cons of garden apartments.

But, first, what's the difference between a garden apartment and a basement apartment? A lot of people—understandably—mix these two up.

According to StreetEasy, there are a couple of features that make up a true basement apartment: Half of the height of the apartment must be above street level, there must be a window in each room, ceilings must be at least seven feet high, and walls must be proofed against dampness and water.

Garden apartments, on the other hand, have less restrictive criteria: They're often located on the ground floor of a single-family townhouse or brownstone and usually have access to a backyard patio or garden. They're at ground level or partially below grade (street level) and are often one-bedroom units, according to StreetEasy. They also are typically set back from the street and thus offer residents a small front patio.

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