Real Estate Term
Townhouse
A multi-story home that shares walls with adjacent properties.
What is Townhouse?
A townhouse is a multi-level home that shares walls with the units next to it, offering more living space than a condo while usually requiring less maintenance than a detached home. Ownership can be freehold or condominium, which affects fees and responsibilities, so it's important to confirm which applies. Townhouses are a popular middle option for space-conscious buyers.
Frequently asked questions
Related terms
RowhouseA style of housing where homes share side walls but have their own entrance.Semi-DetachedA home that shares one common wall with a neighboring property.Condo (Condominium)A type of ownership where you own your unit and share ownership of common areas with other owners.FreeholdA form of property ownership where you own both the building and the land it sits on.
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