Definition
A multi-level residential property with shared walls on one or both sides but private land, driveway, and entrance. Townhouses combine some privacy of single-family homes with lower maintenance.
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Townhouses typically have multiple stories, with living areas and bedrooms on upper floors, making efficient use of smaller lot sizes. Many townhouses include garages and private outdoor space. Townhouses are often less expensive than comparable single-family homes but may include HOA fees.
Pro Tip
Townhouses can be a good middle ground between condos and single-family homes.
Example
The three-story townhouse with a garage and small patio offered more space and privacy than a condo at a more affordable price than comparable single-family homes.