Although the term townhomes and townhouses are synonymous in nature but it has distinct meanings in particular. The townhouses versus townhome have some dilemma and subtle distinction in the common since one of it falls under the cadre of a dream home and the other is categorized under common dwellings. Typically, a townhouse is a single family-owned home with one or more walls with other independently owned units. These townhouses are also recognized by the rows of uniform dwellings that can be double storied.
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The residents of townhouses possess the interior and exterior, such as ceiling, walls, lawns, etc. A condo is termed as townhome and it is a single building with separate units owned by individual residents. A townhome can vary in size or style, but they share walls with the adjacent building units. The residents do not own the property in this case and the Homeowners Association manages the exterior, such as shared spaces and lawns in this case. The homeowners, in this circumstance, are responsible for the individual homeowners' insurance. There is a difference in both the units' architecture since townhomes come in different styles, such as cottages and townhouses are designed in rows with common walls. The townhome offers amenities such as a clubhouse, golf course, pool and the similar property and the townhouses generally have the private facilities rather than the common facilities. The rates of home insurance for the townhomes are lower in comparison with the prices of the insurance for the townhouses. The townhomes' maintenance fee is generally higher, as it includes the exterior and community space repairs. While the townhouses have lower maintenance fees, they have to pay more out of their pockets for the expenses. As per the privacy perspective, the townhomes have secrecy and townhomes have lesser privacy.
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