Difference Between Condo and Townhouse

Main Difference – Condo vs Townhouse

Condo and townhouse are two types of residences. A condo is a single housing unit that is owned individually. Condo or condominiums come in different sizes and styles.  A townhouse is a housing unit that is part of a row of houses joined by common sidewalls. The main difference between condo and townhouse is that a condo owner only owns the interior of the apartment whereas a townhouse owner owns the house as well as the land on which the house is affixed.

This article explains,

1. What is a Condo? – Ownership, Management, and Features

2. What is an Apartment? – Ownership, Management, and Features

3. What is the difference between Condo and Apartment? Difference Between Condo and Townhouse - Condo vs Townhouse Comparison Summary

What is a Condo

A condo, also known as a condominium, is a housing unit that is owned individually. Condos come in a variety of styles and sizes. A condo can be a part of a large high rise, a cul-de-sac of cottages or anything in between. While a single housing unit in a condominium is owned individually, the common areas of the building are owned equally by all the condo owners. The condo owners form a group called homeowner association (HOA) to manage and maintain the building. All the members are expected to pay a monthly fee.

Buying a condo is relatively cheaper than buying a house. The condo owner can also rent out the condo. In such an instance, the condo owner is the landlord of the renter.

Main Difference - Condo vs Townhouse

What is a Townhouse

The term townhouse usually refers to a one of a row of houses joined by common sidewalls. A townhouse refers to multiple physical houses that are combined into a single architectural building. Each townhouse owner owns an identified plot of land and the house attached to it, but the house is physically a part of the larger building that combines all the houses. In most townhouse complex’s the owner owns the exterior areas such as lawn and driveway. A row of townhouses may consist of a continuous roof and foundation. A townhouse is similar to a semi-detached house.

Townhouse complexes often require a homeowner’s association since interests of the community are interwoven in a single architectural building. However, the townhouse complex’s HOA owns none of the building or the land under it, unlike in a condominium where the common areas are jointly owned.

Difference Between Condo and Townhouse

Difference Between Condo and Townhouse

Definition

Condo: Condo is an apartment owned by an individual.

Townhouse: Townhouse is one of a row of houses joined by common sidewalls.

Style

Condo: Condos come in many sizes and styles.

Townhouse: Townhouses have a continuous roof and foundation, and individual units are divided by a single wall.

Ownership

Condo: The owner only owns the interior of the apartment.

Townhouse: The owner owns an identifiable plot of land and the house attached to it.

Common Areas

Condo: The unit owners (HOA) jointly own the building.

Townhouse: The unit owners don’t own the building or land.

Image Courtesy: 

“205 Santolan Final Townhouse Facade” By Rockwell Land – Own work via

“Robertson Blue Condominium along Singapore River (8085140620)” By Erwin Soo from Singapore. – Robertson Blue Condominium along Singapore River. via

About the Author: Hasa

Hasa has a BA degree in English, French and Translation studies. She is currently reading for a Masters degree in English. Her areas of interests include literature, language, linguistics and also food.


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