‘Townhouse or Condo’ Guessing Game

July 21, 2010 by  

2 Comments

We throw around the terms “townhouse” and “condo” pretty regularly, but when it comes down to it, do we really know the technical definition of each?

To save us all future cocktail party embarrassment, I’ll clear this up once and for all.

  • A Townhouse (or Townhome) is a style of architecture, usually defined as having multiple floors, often with shared walls between units.
  • A Condo (or Condominium) is a form of ownership, usually meaning owners have ownership rights from the “paint, in” and all other space is commonly owned.

You can have a condo that’s not a townhouse. You can have a townhouse that’s not a condo. Or you can have a townhouse-style condo.

Make sense? More discussion on the matter here.

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  • Jane

    On the LA real estate: Talk about real estate porn!! I can't even imagine what it would be like to live in a house that looks like a spaceship. On the condo/townhouse distinction: Thanks! I never knew!

  • http://www.haurysmith.com/condos-in-brentwood-tn.html Colby Moore

    Isn’t a condo simply an apartment that a resident owns as opposed to rents? It is another term for “apartment”. But the difference is the legal ownership. Anyhow, both can be a good place to start a home, depending on your budget. Living in an apartment community or townhouse is very common in urban areas, so expect to see more condos in big cities.