Condos vs. Townhomes
Condos vs. Townhomes: What is the difference?
What is the difference between Condo and Townhouse?
People often ask about the main differences between a condominium and a townhouse. There are several differences.
Townhomes come with Land and Condominiums share a common area collectively owned by the owners of the community. You will usually have a patio and a piece of lawn that is exclusive for your townhome to use. Condominiums are usually set in a big building, often a high-riser, and there is no private yard or patio.
The price of a townhouse is often higher than a price for the condo.
Condo or a Condominium
A condo is a housing unit that is part of a structure or a building jointly owned with other memebers of the Association, along with the amenities such as pool, tennis courts, gym and others. As a condo owner you own the interior space but not the building itself. Condos can be located in 2 or 3 story untis or even high rise buildings. You will most often have neighbors on each side and up above or below.
Townhouse or a Townhome
Townhome is a specific type of construction, where you own the building and the land it sits on. However, it is not a free standing building. Usually it is attached to other units and shares a wall with it. Townhomes usually have neighbors on the side but not above or below.
If you are interested in buying or selling condos in Calabasas, please view our Calabasas active condo and town-homes page.