Townhouse VS Condos: What's the difference?

by Stephen Michalakos

When it comes to choosing a property, the decision to go with a townhouse or a condo can be a tough one. Both offer a unique lifestyle, and extra amenity, but it ultimately comes down to what you're looking for in a home. Let's take a closer look at the differences between the two.

For Buyers:

If you're a buyer, one of the main differences between townhouses and condos is the amount of maintenance required. Condos offer a low-maintenance lifestyle, as the property management team will take care of any exterior maintenance needed, such as landscaping, pools/gyms, and repairs to roofing, etc. This is a big plus for those who lead busy lives and don't want to worry about the upkeep, though it usually comes due in the form of condo fees.

On the other hand, townhouses usually come with a small yard or patio, which will require some maintenance from the owner. This could include mowing the lawn, watering plants, and maintaining any landscaping features. If you enjoy gardening or outdoor activities, a townhouse may be a better fit for you. It's simply a house that shares a wall, and thus has less land. In this case, you'll own most of the structure and will sometimes be responsible for your own roof and exterior features; However, the HOA will take care of common areas.

Final Thoughts:

When it comes down to it, the decision to go with a townhouse or a condo ultimately depends on your lifestyle and what you're looking for in a home. Condos offer a low-maintenance lifestyle, while townhouses offer more space, privacy, and control over your property.

If you're still undecided, it's important to weigh the pros and cons of each option before making a decision. Consider factors such as location, amenities, resale value, and maintenance requirements to help you make the right choice for your needs.

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Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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