(305) 834 7600 (305) 834 7600

Townhouses versus condos, why the difference matters

We find that numerous clients inquire about the distinction between condominiums and townhomes. On the same note, they wonder how buying a condominium varies from a townhome. Both are distinct components of a bigger property, with areas for private habitation and numerous community or shared spaces.

The real distinctions between the two lie in the kind of ownership; the amenities included and associated fees instead of the property’s layout. While some similarities exist, each choice has distinctive advantages and property differences. This guide offers a breakdown of the two options.

Definition: Condo vs. Townhouse

Park Grove condosA condominium is a kind of housing where a particular part of a bigger property is under private ownership by a homeowner while condo residents own other connecting areas. Townhouses, however; are individual houses placed side by side where one or two walls are shared between neighboring homes.

You’ll find townhouses and condominiums in rural areas, urban areas, and the suburbs. Both types can have one or several stories. The biggest distinction comes down to fees and ownership-what you own and the amount you pay is at the core of the townhouse vs. condominium distinction and frequently end up being major factors when determining the suitable fit.


“Townhouse” and “condominium” are ownership terms more than they are architecture terms. When you buy our condominium at Park Grove, you’ll own the individual unit and share mutual ownership of the building with fellow residents.

The mutual ownership doesn’t just include the building structure but the common areas as well, for instance, the pool and gym. On the other hand, townhouse ownership is similar to the ownership of a detached single-family home. In this kind of ownership, you own the structure as well as the land it sits on-the distinction is that the structure shares certain walls with another structure.


We advise clients of the different costs associated with townhouses and condominiums. Numerous times, there’ll be an extra homeowners’ association fee regardless of whether you purchase a townhome, condominium, or conventional single-family home.

We recommend you budget for this cost when planning costs, regardless of what you intend to purchase. If you buy a townhome, your HOA will oftentimes cover yard maintenance, snow removal, and trash pickup.

However, the townhouse owner is typically responsible for property repairs, for instance, gutter repair or a new roof. If you own one of our Park Grove condominiums for sale, the association dues are typically somewhat higher since they cover exterior elements such as the elevator, roof, outdoor landscaping, and walkways.

The community owns these things mutually. Nevertheless, you’ll spend less on homeowner’s insurance since the policy includes only the home’s interiors and personal possessions.

Homeowners’ associations

We can’t discuss the townhouse versus condominium breakdown without citing homeowners’ associations. This factor differentiates these kinds of properties from single-family homes. When you purchase our condominium at Park Grove Miami or townhome, you’re expected to pay monthly charges into an HOA.

The HOA, which other renters run, handles the daily maintenance of the mutual spaces. In our condominium, the HOA manages common areas, which include general grounds and in some instances, roofs and structures’ exteriors.

Besides overseeing joint property maintenance, the HOA establishes guidelines for all renters. These might comprise rules on noise and renting your home. When contemplating whether to invest in a condominium or townhome, inquire about HOA fees and rules because they can differ widely across properties.

Privacy and Safety

Park Grove condosThe privacy and safety of a townhome or condominium are dependent on the structure. Some condominiums like our Park Grove pre-construction units are highly secure, providing superior security features, for instance, video surveillance. Townhomes come with several of the similar security elements that a conventional detached home does.

Most safety is reliant on the location. Condominiums have a safety concern that townhomes don’t-at least not to a similar extent. Like any home, you can buy, resell, or rent out condominiums, implying bad and good neighbors come and go.

Regarding privacy, townhomes and condominiums might or might not appear private. If noise bothers you easily, we recommend you inquire about the thickness of the walls and talk to neighbors before buying a townhouse or condominium. You can expect some infrequent noise such as the occasional party but you shouldn’t hear everyday movement in a townhouse or condominium that’s well built.


Even with monthly HOA charges, townhouse or condominium ownership is usually more affordable than the ownership of a single-family home. We advise clients against buying more home than they can afford. As such, townhouses and condominiums are frequently excellent options for first-time homebuyers or anyone on a budget.

In terms of townhouse versus condominium process, condominiums are usually cheaper to purchase because you aren’t investing in any land. However, condominium HOA fees are usually higher because there are more mutually owned spaces. You should consider other costs as well. Home insurance, property taxes, and home inspection costs differ based on the kind of property you’re buying and the location.

We recommend you factor these when determining whether a particular home meets your budget. Additionally, you should consider mortgage interest rates, which are typically highest for condominiums.

Establishing whether to invest in a condominium or townhouse comes down to gauging the distinctions between the two and determining the one that suits your budget and family. There’s no actual winner-both have their benefits and drawbacks. Locate the property you wish to purchase and dig into the details of fees, ownership, and cost. From there, it’s possible to make the best decision.