Townhouse :: Townhome
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WE ARE TOWNHOUSE SPECIALISTS
townhouses often can make an excellent "middle ground" between a detached
single family home and a full fledged
or condo because, to some degree, they offer attributes of both.
A Florida townhouse is a home that is attached to one or more other
houses, but which sits directly on a parcel of land that you also own (if
you don't own the land, it is a
For this discussion, townhouses can ranges from duplexes and triplexes all
the way through huge townhouse communities consisting of hundreds of
There is a good degree of variance in the way townhouse communities are
structured. It may be a simple agreement (as is often the case of duplexes
and triplexes) that each parcel of land and the home that sits on it is
separately owned. In the case of larger townhouse communities, you will
generally have an additional shared ownership in the common areas of the
complex as well as any amenities such as swimming pools, park areas, etc.
This ownership you will share jointly with all other townhouse owners in
In any townhouse purchase that involves an Homeowners'
it is a good idea to get as much information as you can, since the
association can have a considerable impact on your ownership experience!
- May have less exterior
maintenance and repairs to be responsible for.
- You will be
responsible for payment of Home Owner's Association fees.
- Having a neighbor's
home attached to yours may bring a higher level of security.
- You give
up privacy when compared to single family residence detached homes.
- There may be amenities
in the community (for example, pools, tennis courts, playgrounds and
- Your options for
changing the exterior look of your house will be limited.
the idea of your "space" but not having to deal with most exterior
maintenance has even more appeal.
backyard "retreat" or deck is just about all the yard you need.
You own the land and a survey is required.
The idea of having
neighbors close doesn't really bother you--you just don't want them
above and below as well as next to you!
Townhouse owners pay
property taxes on their individual units
Townhouse owners hold
title to their units and the land beneath them, so townhouse units
cannot be stacked on top of each other. As with
common areas are owned jointly by all townhouse owners.
A property owners'
association usually manages the townhouse complex and collects fees from
all owners in order to maintain common areas.
Townhouses are usually a
series of single story or multistory units that are linked to each other
horizontally by common walls.
A Townhouse requires
hazard insurance and land survey,
A Townhouse can be one,
two or three story.