What Is The Difference Between A Condo And Townhome?
With HHHunt Homes being one of the largest homebuilders in Virginia and North Carolina, we are often asked, “What’s the difference between a condo and a townhome?” That is a great question and we’re here with some answers.
Let’s start with a townhome. Simply put, if you own a townhome, you own the interior, exterior and land on which the home sits. In other words, you own the sky above and the land below. Townhomes may also be called townhouses, townes, rowhouses or brownstones.
Now, let’s find out about condominiums which are also called condos. If you own a condo, you own the walls from within. The official definition of a condominium is “individual ownership of a unit in a multi-unit structure.” This means that condominiums are multiple units owned by different parties with common ownership of land.
Now that we’ve covered the fundamental differences, we want to invite you to learn more in our Ask Our Experts – Condo vs. Townhome article. You'll find the answers to these questions:
• What are the differences in management?
• Who is responsible for the exterior and common space maintenance?
• What is the difference in management fees?
• What are the differences in privacy?
• What is the difference in lending and insurance?
Learn more about the lock-and-go lifestyle offered by condos and townhomes. Explore our award-winning new homes and communities in Virginia, North Carolina, South Carolina and Maryland. Because at HHHunt, it's <span class="how-you-live-underline">how you live</span> that matters.
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