Post New Topic

What's the difference??

missmmpr Posted:

What's the difference??

between a townhouse, a co-op and a condo???


Any pros and cons would be helpful. Since FI and I are not having luck finding a house, we are considering getting a condo on the water...
yabbobay Posted:

Re: What's the difference??

i think townhouse and condo are the same but townhouse is definitely 2 stories?? ( I could be wrong)

a co-op you own a certain amount of shares (depending on the size of your apt) in the business that owns the building

a condo you own your apartment...and the land that it is on..


both you pay a maintainance fee for b/c there are common areas to maintain...
Teri Posted:

Re: What's the difference??

a townhouse can be one or two floors, and usually has a small piece of property (front or back) - it's usually attached to other houses in the same development.

Condo can be the same as above, or just a regular apt in a building that you own.

Reply to this topic

Log in to reply or quote a post.