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Condo vs Townhouse: What Is The Difference?

different condo and townhouse must you should know.

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Choosing the right kind of property to call home can be a significant decision, fraught with complexity and even uncertainty. The debate between a condo vs a townhouse is a classic dilemma that potential homeowners often face. This article aims to shed light on this topic, providing a clear and comprehensive guide to help you understand the differences, pros, and cons, and even the little details that could impact your lifestyle and financial health.

What’s The Difference Between A Condo And A Townhouse?

Understanding the distinction between condos and townhouses is essential. Both offer unique features, benefits, and drawbacks that can significantly influence your buying decision.

What Is A Condo?

A condominium, or condo, refers to a private residence within a larger complex or building. These residences share common areas, like gyms, swimming pools, and other amenities. Condos are usually located in urban areas, offering a city-dwelling lifestyle to their inhabitants. They range in size, but are often more compact than standalone homes. When you own a condo, you own your unit and a share of the communal property. you can read this tips and steps for how to buy condo in 2023.

What Is A Townhouse?

A townhouse, on the other hand, is a multi-level property that shares one or more walls with adjacent properties. It offers more living space compared to condos and usually comes with a small patch of yard. The ownership of a townhouse includes the interior and exterior of the home, including the land it sits on, giving you more control over the property compared to condo living.

modern apartement with wooden chair and painting with white paint wall

5 Differences Between Condos and Townhouses

Now that we’ve defined what a condo and a townhouse are, let’s delve deeper into their differences.

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One key difference between a condo and a townhouse lies in ownership. In a condo, you own your unit and a shared portion of the common areas. With a townhouse, you own the structure and the land on which it sits. This difference can impact responsibilities for maintenance and repair, as well as property taxes and insurance costs.

Rules and Regulations

Condos typically have stricter rules and regulations compared to townhouses, given the shared nature of common spaces. These rules can restrict pet ownership, noise levels, and renovation plans. On the other hand, townhouses, due to their standalone nature, often have more relaxed rules, offering owners greater flexibility.

Homeowners’ Associations

Both condos and townhouses are likely to have Homeowners’ Associations (HOAs) that enforce rules, maintain common areas, and collect fees for these services. However, condo HOA fees are usually higher, as they cover more common areas and shared amenities.


When it comes to cost, condos are generally more affordable due to their smaller size. The median cost of a condo in the U.S. was $255,000 in 2022, while the median price of a townhouse was $313,000. However, the cost can vary widely based on location, size, amenities, and other factors.

Resale Value

The resale value of condos and townhouses can also differ. Townhouses generally tend to have a higher resale value due to the ownership of land. However, condos located in high-demand urban areas can also fetch competitive resale prices.

In conclusion, the choice between a condo and a townhouse is not a one-size-fits-all decision. It depends on your lifestyle, budget, and long-term plans. A condo may be perfect for those who value a community lifestyle with shared amenities, while a townhouse may be more suitable for those who prefer more private space and fewer restrictions. Take your time, weigh the pros and cons, and make the choice that’s right for you.