Purchasing a home is an important decision, and the type of residence you choose will depend on your lifestyle, budget, and needs. If you’re looking for an affordable option with some added amenities, you may be considering buying either a townhouse or a condo. Here is what you need to know about each option before making your final decision.

Townhouses vs. Condos: What’s the Difference?

The primary difference between townhouses and condos is ownership structure. When you purchase a townhouse, you own both the structure and the land it’s built on. On the other hand, when you buy a condo unit, you only own the interior space and 17the exterior space is owned by all of the unit owners collectively (in most cases). This means that in a condo complex, all of the owners have to abide by certain rules set forth by their homeowner’s association (HOA) regarding the use of common areas and other shared spaces like parking lots or lobbies.

Advantages of Living in a Townhouse

One significant benefit to living in a townhouse is that they offer more privacy than condos because they are typically separated from each other with walls or fences instead of being connected side-by-side like condos often are. Additionally, many townhouses come with small yards, which can be great for people who want to enjoy some outdoor space but don’t want to worry about maintaining large lawns or gardens as they would if they owned a single-family house. Townhouses also offer more freedom when it comes to renovations since there isn’t usually an HOA controlling what changes can be made on the property; you have free reign over how you decorate and make improvements!

Conclusion:

Townhouses are great for those who would like to have more privacy as well as some outdoor space without having too much responsibility for upkeep or landscaping maintenance. In Alphaville, our community offers a variety of townhouses for all types of budgets and lifestyle preferences. We understand that finding the perfect home is important, so our team is here to help you find the ideal fit. Contact us today if you’d like more information.

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