There are differences between buying a single-family home and a townhome or condo.  Use these four secrets to make sure you make the right decision for you and your family.

1. Decide How to Integrate a Townhome or Condo into Your Future Plans

People like townhome living for a number of reasons.  Some people enjoy the sense of community in a multi-family neighborhood.  Some people are looking for low-maintenance living.  Regardless of your reasons to purchase a townhome or condo, one thing you need to recognize is that these types of homes don’t appreciate as quickly as single-family homes.

Therefore, if you’re planning on a long-term stay in your townhome or condo, the rate of appreciation isn’t as critical.  But, if you’re a young couple or family looking to move to a single-family home in the near future, make your plans with a realistic idea of how much your home will appreciate over time.

If you’re new to retirement and downsizing to a townhome or condo, recognize that unless you are familiar with community living, you may not stay in a townhome or condo as long as you originally planned.


Consider your long-term plans and how community living will fit.

2. Learn What Everyone Ought to Know about Buying a Townhome or Condo

What’s the difference between a townhome and a condominium?  In general, you’ll most often see a townhome defined as a row of single units that share a wall on either side except for the end units.  Generally, you’ll see a multi-story building with separate homes on separate floors called a condominium or condo.

It’s important to know that these terms are also used to describe the type of ownership.  There are several types of ownership, but these are the most common:


When you’re looking at townhomes and condos, keep in mind that the ownership of a building that looks like a 2-story townhome could fall into the condo ownership category.  Make sure you know the type of ownership that’s in any community you visit.


3. Ask the Right Questions About Every Community

Besides ownership type, there are other facts you need to know about a townhome or condo that are different from the questions you ask when buying a single-family home.


Make sure you have all the information you need about a specific community in order to make an informed decision.


4. Work with a REALTOR® Who is Experienced with Buying and Selling Townhomes or Condos

An experienced agent will be able to help you gather the information you need and avoid any potential pitfalls.


The members of Teri’s Real Estate Team are experienced professionals who know the local single-family, townhome and condo markets extremely well.  If you’re planning a move, call us at 954-242-8030 or send an email for friendly and skillful representation.


Look at Townhomes and Condos for Sale in the Davie Area:

Cooper City Townhomes and Condos

Coral Springs Townhomes and Condos

Davie Townhomes and Condos

Pembroke Pines Townhomes and Condos

Pembroke Pines New Construction: Townhomes at Raintree

Plantation Townhomes and Condos

Sunrise Townhomes and Condos

Weston Townhomes and Condos



Please fill out the form below and we will be contacting you shortly
with information about your home.

Personal Info
Home Address