KB Home introduces "single-family condominium community" in Inverness

In the winter issue of New Homes Magazine, Dan Schuyler takes a ride out to the northwest suburb of Inverness to witness in its natural habitat a rare species of housing known as the single-family condo.

What exactly is a “single-family condominium community?” The homebuyer purchases a detached single-family home outright, according to [KB Home‘s marketing manager, Brian] Eaggleston, but the lot is a limited common element managed in accordance with the rules of the Illinois Condominium Property Act. Homeowners pay a condo association to take care of maintenance, such as lawn mowing and snow removal.

Read all about it in “The single-family condo.”

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