Townhouse vs Duplex vs Condo
5 Major Differences You Need to Know
The “American dream” typically features the single family detached home,
with the allure of privacy, yard space, and a white picket fence.
But there are many other options for home-ownership that are less talked about that may be a better fit for you and your family.
There are many different alternatives to choose from, such as
townhouses, duplexes, and condos
Each comes with advantages and disadvantages, and the best one for your depends on your needs and situation.
What is a Duplex?
A duplex in real estate is typically a single structure with two separate units sharing a common wall.
Typically, the entire duplex is owned by one person and is purchased with a single mortgage.
Since a duplex is generally less expensive that two single-family houses, you can live in one side and rent out the other.
A townhouse is typically a 2-or-3 story home that shares walls with its neighbors. Usually there will be multiple townhouses in a single structure.
What is a Townhouse?
where you own the unit itself and the land it sits on.
The major difference between a townhouse and a duplex is that a townhouse is considered a single-family attached dwelling
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