Townhouse vs. Condo v.Buying

Hi guys, I am considering both and would like your input. I’m 25 and looking to purchase my first place within a few months. I’ve always been fixated on getting a garaged townhouse. I have a car that I often swap tires/brakes in etc. so a garage would really be nice to have. I don’t really care so much about the size of the place, 2-3 bedrooms would be fine. So I’ve been thinking lately and perhaps getting a condo would be a better choice. There are condos that have detached garages, I wonder if it would be permissible to do some work in them. I guess the thought of possibly saving myself 50k or so by going the condo route is intriguing. It almost seems that I could save some money, get a nicer interior, and perhaps better location if I go the condo route. I know there are cons though, higher fees, noise levels perhaps, not being able to have a grill on the deck, no direct access from garage to the house, etc…

Anyways, I guess any thoughts on this subject will be appreciated.

First and foremost, find out if there is a HOA involved. If so, get a hold of their Manifesto and read up on all of the stuff you aren’t allowed to own, do, practice, think about, or attempt. If you own firearms, knives, baseball bats, and have a tendency to want to pound nosy busybodies into a lifeless pulp, save yourself the aggravation, because you will end up in jail. The folks who staff the boards of homeowner associations are withered husks of people who never possessed any real authority over anything of value, and have no purpose in life other than being royal PITAs to their neighbors, citing arcane rule violations that would make any Tin Pot third world dictator gleeful.

Otherwise, good luck.
i like townhouses better but thats just me im no guru
I currently own a 3 story townhouse and I’ll be selling it for a loft in a high rise in about 6 months. Smaller space means cheaper bills. High-rise offers better security. Plus, there’s none of the outdoor upkeep with a condo(painting railings, front door, trimming hedges, etc.)
Townhouse is a better financial investment. They hold and rise in value better than condos. Usually.
Most of the really cool condos around the area I’m looking are freaking 55+, wtf is the deal with that

First and foremost, find out if there is a HOA involved. If so, get a hold of their Manifesto and read up on all of the stuff you aren’t allowed to own, do, practice, think about, or attempt. If you own firearms, knives, baseball bats, and have a tendency to want to pound nosy busybodies into a lifeless pulp, save yourself the aggravation, because you will end up in jail. The folks who staff the boards of homeowner associations are withered husks of people who never possessed any real authority over anything of value, and have no purpose in life other than being royal PITAs to their neighbors, citing arcane rule violations that would make any Tin Pot third world dictator gleeful.

Otherwise, good luck.

Wow…I love this. As a condo owner of 2 rental properties…and formerally living in one of them…this is perfect!
I would be careful reading your responses as "townhouse" has different meanings in certain regions of the country/world.

The places that I have lived in a "townhouse" is a multi-story apartment that you rent, while a condo is a dwelling similar to an apartment, except you own it. So when I read your subject line, I thought this was a rent vs own thread.
By townhouse aka townhome I mean the typical east cost meaning

I’m in process of looking at a townhouse/condo. In california for some reason they call them townhouses/condos because you know california is all fucke up lol.

The way the Townhouse/condo is layed out is something that reminds me of an east coast style townhouse with a the garage on bottom and living quarters above it.

What are townhouses/condos going for out on the east coast?
I really don’t get the townhouse vs. condo thing. For example, the place I just moved out of before was called a detached condo…it was basically a house that was really close to the nextdoor neighbor, with a small yard, and no driveway (2-car garage). Now where I live is called a condo. There are shared walls on both sides and it’s 2 stories with an attached garage. There are no neighbors below or above.

On the east coast that detached condo thing is actually a detached single family home. Your new place is actually a townhouse. A condo is a fancy name for a single level apartment that you can own and pay ridiculous HOA fees on.

They’re called "Varsity Street Condos." There are HOA fees on them too. We also have a second detached garage…which would be different than a townhome setup. I dunno…seems like in Cali they kinda interchange condo and townhome a lot. You used to not see a lot of ‘true’ condos…but lately they’ve been renovating old apartments and turning them into condos.
In my area, a condo is a crappy old apartment complex with a snarky new name, fresh paint, inflated prices, and draconian rules. A townhouse is a newer unit, may be semi-detached, or row style, may or not have garage, with equally draconian rules regarding how you maintain the 8 square feet of grass outside your front door where everyone else’s dog shits.
very simple difference between condos and townhomes

condo you will not own the land the building sits on
townhomes you will own the land the building sits on

very simple difference between condos and townhomes

condo you will not own the land the building sits on
townhomes you will own the land the building sits on

You did not just waste your 5th post on this did you?

First and foremost, find out if there is a HOA involved. If so, get a hold of their Manifesto and read up on all of the stuff you aren’t allowed to own, do, practice, think about, or attempt. If you own firearms, knives, baseball bats, and have a tendency to want to pound nosy busybodies into a lifeless pulp, save yourself the aggravation, because you will end up in jail. The folks who staff the boards of homeowner associations are withered husks of people who never possessed any real authority over anything of value, and have no purpose in life other than being royal PITAs to their neighbors, citing arcane rule violations that would make any Tin Pot third world dictator gleeful.

Otherwise, good luck.

I know that this has been quoted once already in this thread but it is SO true.

Do your homework.

I know that this has been quoted once already in this thread but it is SO true.

Do your homework.

I think the management company that my HOA uses gets paid by how many letters they send out.

Your front door is faded.
Your railing isn’t black enough.

Fuckers.
I’m 27 and I just sold my condo last year and switched to townhouse and it is much much better. I don’t need to worry about shitty neighbors above me making noises, I don’t need to wait for elevators when I want to walk my dog or in the morning when I’m in the rush to get to work. I pay less strata fee, I have a huge patio for me to bbq and entertain friends. Best of all my townhouse is actually concrete which is pretty rare here in vancouver and I got a corner unit!

and 2 parking spots side by side FTW
I’ve lived the condo life for the last 7 years, 3 in Toronto and 4 in Miami and the experiences couldn’t have been different.

While I love Miami, the building I live in is full of old people who hate each other and fight all the time over petty bullshit. Our last condo prez stole $65k from the Association and goes on trial in a few weeks.

In contrast, my place in Toronto was in a high rise with a ton of people, it felt more like an upscale frat house and there was always something fun going on.

Bottom line – if you end up going the condo route, check out the vibe of the place before you move in.