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Townhouse Living

Buying a townhouse or a semi- detached home can make an excellent middle ground between a detached single home and condominium. Townhouses and semis are attached to other houses but sit directly on a parcel of land that you also own.

In the case of larger townhouse communities you will generally have an additional shared ownership of common areas of the complex and any or all amenities. You will share the ownership with other townhouse/semi-detached owners. This may involve a Homeowners Association which could have an impact on your experience as a homeowner.

Greenwich-Village-Townhouse-03

Advantages

May have less exterior maintenance and repairs to be responsible for Having neighbours may have less exterior maintenance and repairs to be responsible for. Having a neighbours home attached to yours may bring a higher level of security.