What’s the difference between Boston condo and townhouse?
Boston Condos for Sale and Apartments for Rent
What’s the difference between Boston condo and townhouse?
The main difference is that a Boston condo is a type of ownership where you own the interior of your unit and a share of the common areas, while a townhouse is a type of building that you can own as a fee simple property or as a condo. Townhouses are multi-level homes that share walls but have their own entry, while condos are typically in multi-unit buildings with a shared entrance. Condos often have luxury amenities and higher fees, whereas townhouses provide more privacy and potentially lower fees for ownership of the land beneath the unit.
- What you own: You own the interior and a portion of the common areas (like hallways, elevators, and grounds).
- Building structure: Condos are usually in larger, multi-story buildings.
- Entry: Access to your unit is typically through a common building entryway, often involving elevators.
- Costs: You pay monthly condominium fees (or “common charges”) for maintenance of common areas and amenities.
- Privacy: You share walls and ceilings with neighbors, leading to less privacy.
- Amenities: Often come with shared amenities like a doorman, concierge, fitness center, or pool.
- What you own: You own the building itself and the land it sits on (in a fee simple ownership).
- Building structure: These are multi-level homes with a structure similar to a house.
- Entry: You have a private entrance directly from the outside.
- Costs: You may still have homeowner association (HOA) fees, but they are generally lower than condo fees.
- Privacy: You get more privacy, though you still share walls with neighboring units.
- Space: You get more private space, often including a small yard or outdoor area.
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