Townhouse vs Duplex vs Condo – 5 Major Differences You Need to Know
Whether you’re looking to buy a home for your family or an investment property, there are many different alternatives to choose from, such as townhouses, duplexes, and condos.
Let’s break it down and see what the major differences are between a duplex, townhouse, and condo.
What is a Duplex?
A duplex in real estate is typically a single structure with two separate units sharing a common wall.
What is a Townhouse?
A townhouse is typically a 2-or-3 story home that shares walls with its neighbors.
What is a Condo?
A condo, like a townhouse, is a private residence owned by an individual homeowner within a larger community of multiple units.
Duplex vs. Townhouse vs. Condo – What’s the Difference?
A duplex is the closest you can get to the layout and ownership structure of a single family home.
, you give up some of the land space and take on higher density with more neighbors, but with a little
less maintenance responsibility, and the ability to own just one unit
Townhouse vs. Condo
While townhouses and condos have a lot of similarities, there are a few major differences you’ll want to consider before pulling the trigger and buying a home.
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